Showing 1 - 10 of 69
Biden cuts deal in principle with Republicans to avert catastrophic US default
AFP, Published on 28/05/2023
» WASHINGTON - US President Joe Biden and Republican lawmakers struck a deal in principle to raise the country's debt ceiling Saturday, in a crucial first step towards eliminating the threat of a disastrous default with just days to spare.
Ex-Wirecard CEO goes on trial over 'unparalleled' fraud
AFP, Published on 05/12/2022
» FRANKFURT, Germany: Ex-Wirecard CEO Markus Braun goes on trial in Munich this week for his role in the collapse of the once-celebrated payments firm, brought down by the biggest accounting fraud scandal in German corporate history.
Dollar softens after rally but Asian stocks struggle to recover
AFP, Published on 27/09/2022
» HONG KONG: The dollar lost a little of its strength Tuesday after starting the week by surging against major peers, including a record high versus the baht and the pound, though equity traders struggled to claw back recent losses owing to recession fears.
Zero-Covid hurts 75% of European firms in China
AFP, Published on 21/09/2022
» BEIJING: China's "inflexible" and "inconsistent" zero-Covid policy is crippling European business operations in the country, a major business lobby said Wednesday, warning that the presence of the companies "can no longer be taken for granted".
Fed attacks US inflation with another interest rate hike
AFP, Published on 28/07/2022
» WASHINGTON: The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing American families.
G20 finance chiefs meet as Indonesia warns of energy, food catastrophe
AFP, Published on 15/07/2022
» BALI: Group of 20 finance ministers and central bank chiefs met in Indonesia Friday for talks on the fallout from Russia's invasion of Ukraine, with the host warning them failure to tackle energy and food crises would be catastrophic.
G20 finance chiefs meet as Indonesia warns of energy, food catastrophe
AFP, Published on 15/07/2022
» BALI: Group of 20 finance ministers and central bank chiefs from top economies met in Indonesia Friday for talks on the fallout from Russia's invasion of Ukraine, with the host warning them failure to tackle energy and food crises would be catastrophic.
'Guerrilla' sales, crowdsourcing: Japan's game console crunch
AFP, Published on 05/07/2022
» TOKYO - It's still dark when the line starts forming outside an electronics store in Tokyo, as desperate gamers try to snag the latest PlayStation or Xbox despite chronic shortages in Japan.
Cautious optimism at high-stakes WTO meet
AFP, Published on 13/06/2022
» GENEVA: The World Trade Organization chief voiced cautious optimism Sunday as global trade ministers gathered to tackle food security threatened by Russia's invasion of Ukraine, overfishing and equitable access to Covid vaccines.
Biden tells US businesses to 'harden' defences against Russia cyber threat
AFP, Published on 22/03/2022
» WASHINGTON: President Joe Biden on Monday warned of intelligence pointing to a growing Russian cyber threat and urged US businesses to "immediately" prepare defenses.