Showing 1 - 10 of 365
China hands death sentence to ex-banker for taking bribes
South China Morning Post, Published on 29/05/2024
» BEIJING - A court in eastern China delivered a rare death sentence on Tuesday, after finding that a former senior banker accepted bribes worth more than 1.1 billion yuan (US$151 million) in his role with one of the country's top four state asset managers.
Waning influence of OPEC+ in spotlight as prices flag
AFP, Published on 20/12/2023
» LONDON - Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.
Asian markets mostly rise after Wall St gains
AFP, Published on 29/09/2023
» HONG KONG - Most Asian markets followed Wall Street higher Friday as a drop in oil prices and US Treasury yields provided some much-needed respite from speculation the Federal Reserve will push interest rates even higher.
Apple unveils iPhone 15 and switches to USB-C charger
New York Times, Published on 14/09/2023
» SAN FRANCISCO — Every September for the past decade, Apple has convened media from around the world for a marketing event that celebrates the creative feats behind its newest iPhone. It has hyped the shine of the phone’s exterior, the sculpting around its cameras and the power of its processors.
China finance giant’s missed payments alarm regulators, markets
Bloomberg News, Published on 14/08/2023
» NEW YORK - One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield investment products.
Fitch downgrades US credit rating after debt limit standoffs
AFP, Published on 02/08/2023
» WASHINGTON - Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
Erdogan confronts polarised Turkey after historic win
AFP, Published on 29/05/2023
» ISTANBUL: Turkish President Recep Tayyip Erdogan on Monday confronted the tough task of uniting his deeply divided country after winning a historic run-off election to extend his two-decade rule to 2028.
Stocks sink as US debt talks stall
AFP, Published on 24/05/2023
» LONDON: Asian and European stock markets slumped Wednesday as investors grew increasingly concerned about stalled US debt ceiling talks aimed at averting a painful default.
HSBC faces shareholder vote on splitting bank
AFP, Published on 05/05/2023
» LONDON - Bank giant HSBC faces a vote by shareholders on Friday over a proposal by its largest stakeholder, Chinese insurer Ping An, to split the business to seek better returns.
May Day tourism in China reaches pre-Covid levels
Published on 03/05/2023
» SHANGHAI: Tourism in China during the May Day holiday rebounded to pre-Covid levels, as the number of domestic trips rose by 70.8% from a year earlier, government data showed on Wednesday.