Showing 1-10 of 19 results
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Growth forecast cut, Iran cases surge by 50%: Virus update
Published on 02/03/2020
» Iran reported a 50% increase in coronavirus infections, while New York City, Brussels, Berlin and Indonesia all reported their first cases. New cases were reported in Thailand and across the US. Hard-hit South Korea saw its total climb past 4,200.
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Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
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Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
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Upbeat on growth assets
Business, Published on 30/11/2018
» Volatility in equity markets has come off its October highs but remains elevated. With the US midterm elections over, the focus is back on December meeting of the US Federal Reserve, the G20 summit and the fate of the Brexit deal as sources of market fluctuations.
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Investors eye Argentina talks, May's Brexit sales job
Business, Published on 01/12/2018
» Recap: Emerging-market shares fell yesterday, backtracking from the upward trend of the past month as investors took a cautious stance ahead of high-stakes US-China trade talks over the weekend, along with British Prime Minister Theresa May's attempt to win parliamentary support for her Brexit deal forged with the EU.
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Asian shares advance as oil prices retreat
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.
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Authoritarian cryptocurrencies are on the march
News, Leonid Bershidsky, Published on 18/10/2017
» With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralise money so attractive to highly centralised, authoritarian regimes?
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Stimulus hopes and chinese gdp cheer stock investors
Business, Published on 18/07/2016
» Recap: Hopes that British and Japanese policymakers would ramp up economic stimulus bolstered risk appetites in global stock markets. China's better-than-expected second-quarter GDP also buoyed sentiment. The Thai market tracked the global trend.
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Asian shares mostly lower
Published on 11/09/2014
» HONG KONG - Asian shares mostly fell Thursday as China released data showing inflation remained tepid in August while the dollar broke the 107 yen barrier for the first time in six years.
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Think twice before going with Huawei
Life, James Hein, Published on 28/04/2021
» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.
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