Showing 1 - 10 of 258
Tanking Alibaba drags Hong Kong as markets rally fades
AFP, Published on 17/11/2023
» HONG KONG - Hong Kong led losses in Asian stock markets on Friday as Alibaba was hammered after saying it would cancel the planned spinoff of its cloud computing arm.
UK inflation falls sharply
AFP, Published on 15/11/2023
» LONDON - UK inflation fell more than expected in October, data showed Wednesday, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak.
Japanese PM unveils $113bn stimulus
AFP, Published on 02/11/2023
» TOKYO - Japanese Prime Minister Fumio Kishida announced a stimulus package worth more than US$100 billion on Thursday as he tries to ease the pressure from inflation and rescue his premiership with his poll ratings at a record low.
Turkish inflation near 60% after policy U-turn
AFP, Published on 03/10/2023
» ISTANBUL - Turkey's annual inflation rate held steady near 60 percent last month, official data showed Thursday, offering the first evidence that President Recep Tayyip Erdogan's economic policy U-turn was working.
UK inflation drops to 15-month low
AFP, Published on 16/08/2023
» LONDON: Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.
Death toll from Myanmar jade mine landslide hits at least 31
AFP, Published on 16/08/2023
» HPAKANT - The death toll from a landslide at an unregulated jade mine in a remote part of Myanmar has hit at least 31, with eight people still missing, rescuers said Wednesday.
UK launches mortgage help as interest rate soar
AFP, Published on 23/06/2023
» LONDON - Britain on Friday unveiled help for millions of cash-strapped homeowners facing soaring mortgage costs in a cost-of-living crisis, after the Bank of England unexpectedly hiked interest rates to a new 15-year peak.
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.
Hong Kong unveils US$97bn recovery budget
AFP, Published on 22/02/2023
» HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.
Major firms not doing enough to curb deforestation: report
AFP, Published on 15/02/2023
» PARIS - Many major global firms and financial institutions that directly or indirectly contribute to deforestation do not have any policies in place to protect forests, increasing the risk for catastrophic nature loss, a report said Wednesday.