Showing 1 - 10 of 439
Myanmar poverty deepening, says World Bank
Published on 12/06/2024
» Poverty in Myanmar is more widespread than at any time in the last six years, while economic growth in the conflict-torn country is likely to remain at 1% with little respite in sight, the World Bank said on Wednesday.
NYSE fixes issue that showed 99% drops, triggered trading halts
Bloomberg News, Published on 04/06/2024
» A glitch during a software update early Monday led the New York Stock Exchange to erroneously halt trading on about 40 stocks and display odd trades showing a 99% drop in companies including Warren Buffett’s Berkshire Hathaway Inc.
Indian PM says party heading for ‘historic mandate’
Published on 23/05/2024
» Indian Prime Minister Narendra Modi said his Bharatiya Janata Party (BJP) has already won a majority of the seats contested in the parliamentary elections due to end next week, putting him in a position to return to office for a third term.
Xi to meet Blinken to steady China-US ties
Bloomberg News, Published on 26/04/2024
» BEIJING - United States Secretary of State Antony Blinken will meet with President Xi Jinping in Beijing, as the world’s biggest economies spar on trade complaints and China's continued support for Russia.
Private-sector moon mission ending early
Published on 27/02/2024
» Shares of Intuitive Machines slumped 21% on Tuesday after the US space exploration company’s lunar mission neared a premature end after a sideways touchdown hindered communications and solar charging capability of its moon lander Odysseus.
China-Africa trade hit US$282 billion in 2023 but Africa's trade deficit widens, with commodity prices a key factor
South China Morning Post, Published on 01/02/2024
» China's total trade with Africa grew a modest 1.5 per cent in 2023 from 2022 to US$282.1 billion, but Africa's trade deficit with China widened, according to the latest Chinese customs data.
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.
Musk faces backlash as Twitter suspends journalists
AFP, Published on 17/12/2022
» SAN FRANCISCO - Twitter owner Elon Musk drew anger and stern warnings from the UN and EU on Friday after suspending the accounts of half a dozen prominent journalists -- accusing them of endangering his family.
Shell posts more bumper profits on high energy prices
AFP, Published on 27/10/2022
» LONDON - British energy giant Shell on Thursday announced net profit totalling $6.7 billion in the third quarter, as oil and gas prices remain strong despite recent slides on easing supply fears.
US recession not 'inevitable,' Treasury secretary says
AFP, Published on 19/06/2022
» WASHINGTON - A recession in the United States is not "inevitable" but the economy is likely to slow, Treasury Secretary Janet Yellen said Sunday, days after the US Federal Reserve hiked interest rates, raising fears of a contraction.