Showing 1 - 10 of 22
Asian markets fail to build on rally with eye on China policy
AFP, Published on 19/06/2023
» HONG KONG: Markets saw a limp start Monday as traders turned more cautious after last week's rally, with eyes on China as speculation grows that officials will unveil a raft of economic stimulus measures.
Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover
AFP, Published on 25/04/2023
» ZURICH - Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, the bank's earnings report showed Monday, providing clues to the towering challenges ahead as UBS prepares an emergency takeover.
Musk eyes torrid growth at Tesla, but offers no big new reveals
AFP, Published on 02/03/2023
» NEW YORK - Elon Musk presented a heady vision Wednesday to turbocharge Tesla's growth at an investor day filled with ambitious targets but short on details sought by Wall Street.
US Fed raises key interest rate as recession fears mount
AFP, Published on 22/09/2022
» WASHINGTON: The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring prices -- an aggressive stance that has raised fears of a recession.
US Fed set to raise interest rates as recession fears mount
AFP, Published on 21/09/2022
» WASHINGTON: The Federal Reserve opened its second day of deliberations Wednesday that are expected to produce another big increase in interest rates as it tries to cool the economy to tamp down the highest inflation in 40 years, but recession fears are rising.
Toshiba in early talks with 10 potential buyout 'partners'
AFP, Published on 13/05/2022
» TOKYO: Troubled conglomerate Toshiba said Friday it has been approached by 10 potential investors as it weighs going private, a move that would be highly unusual in corporate Japan.
Biden hails US pandemic recovery as employment surges
AFP, Published on 03/04/2021
» WASHINGTON: US President Joe Biden celebrated a massive rebound in US jobs Friday as a sign of hope "at long last" that the end of the pandemic is within sight, with businesses reopening nationwide and vaccine access quickly opening up.
China's shoppers splash the cash in world's biggest spending spree
AFP, Published on 11/11/2020
» SHANGHAI: Chinese consumers snapped up items from food to electronics and beauty products Wednesday as retailers slashed prices for the world's largest online shopping bonanza, closely watched this year for clues on post-pandemic consumer sentiment.
Resurgent 'techlash' overshadows Silicon Valley earnings
AFP, Published on 22/07/2020
» WASHINGTON - Big Tech, its hands full with antitrust probes and complaints growing from activists and politicians, turns its attention to quarterly earnings in the coming days expected to show the growing power of Silicon Valley giants.
Euro losses build in Asia as Italy plunges into political crisis
AFP, Published on 29/05/2018
» HONG KONG - The euro extended losses in Asian trade Tuesday as political uncertainty in Italy stoked fresh fears about the eurozone.