Showing 1 - 10 of 19
Equities savaged as China retaliation to Trump tariffs fans trade war
AFP, Published on 07/04/2025
» HONG KONG - Asian markets collapsed Monday after China hammered the United States with its own hefty tariffs, ramping up a trade war that many fear could spark a recession.
SoftBank CEO set to announce $100 bn US investment
AFP, Published on 16/12/2024
» WASHINGTON - The head of Japan's SoftBank is set to announce plans on Monday to invest $100 billion in the United States over the next four years, a spokesperson for US President-elect Donald Trump's transition team told AFP.
Amazon running illegal monopoly - US
AFP, Published on 27/09/2023
» WASHINGTON - A top antitrust regulator in the United States sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals.
SoftBank supremo eyes rare success with Arm IPO
AFP, Published on 12/09/2023
» TOKYO - Masayoshi Son's once-exalted reputation as an investor is badly tarnished, but the irrepressible founder of Japan's SoftBank is hoping that the mega-IPO of Arm this week might bring back the good times.
Wigs, spectators, tears: Theranos fraud trial key moments
AFP, Published on 04/01/2022
» SAN FRANCISCO - Theranos founder Elizabeth Holmes was once vaunted as the next Steve Jobs, but her Silicon Valley startup crashed under claims of deception and she was convicted on Monday of defrauding investors.
China orders gaming giants to cut 'effeminate' gender imagery
AFP, Published on 09/09/2021
» BEIJING: Chinese authorities have ordered gaming giants Tencent and NetEase to end their focus on profits and cut content perceived to be breeding "effeminacy", as Beijing tries to direct youth culture, gender ideals and the reach of big tech.
US retail sales flat, inflation fears on the rise
AFP, Published on 15/05/2021
» WASHINGTON: The US economic recovery showed signs of hitting some turbulence as shoppers curbed their spending last month and manufacturing slowed due to supply bottlenecks.
Alibaba shares soar as it plays down hit from record $2.78bn fine
AFP, Published on 12/04/2021
» BEIJING: Shares in tech giant Alibaba surged nine percent Monday as the ecommerce titan reassured investors that a record $2.78 billion antitrust fine imposed by China would have little impact on its operations.
Toys 'R' Us sold again to firm promising expansion
AFP, Published on 16/03/2021
» NEW YORK - Iconic American toy store Toys "R" Us is changing hands once again, this time going to an investment firm that promises to expand the chain that once dominated the market.
China's billionaires club swells as market rally offsets virus pain
AFP, Published on 02/03/2021
» BEIJING: More than 200 billionaires were created in China last year as booming stock markets and a flood of new listings offset the ravages of the virus pandemic, according to a global tally released Tuesday.