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BUSINESS

Credit Suisse woes rock Wall Street

AFP, Published on 15/03/2023

» Wall Street was back in selloff mode early Wednesday as banking shares faced a fresh hammering amid worries that more lenders could fail.

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BUSINESS

Macau ponders future even as tourists and gamblers return

AFP, Published on 23/01/2023

» MACAU: Macau's streets were packed in the run-up to the Lunar New Year after pandemic controls were abruptly lifted but it is far from business as usual as the Chinese casino hub wrestles with questions about its future.

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BUSINESS

US trio, including ex-Fed chief Bernanke, win economics Nobel

AFP, Published on 10/10/2022

» STOCKHOLM: A US trio on Monday won the Nobel Economics Prize for research on banking's role in the economy, especially on the importance of avoiding collapses during financial crises.

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BUSINESS

Why crypto's big 'merge' is causing big headaches

AFP, Published on 04/10/2022

» PARIS: The biggest software upgrade in the short history of crypto has fulfilled its promise to wipe out more than 99% of the electricity used by the second-biggest cryptocurrency, experts have told AFP.

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BUSINESS

Energy price hikes could force UK pubs to shut

AFP, Published on 30/08/2022

» LONDON: British pubs could be forced to close because of massive increases in energy prices, leading industry figures said on Tuesday, urging the government to step in.

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BUSINESS

Railway market back on track post-pandemic

AFP, Published on 08/06/2022

» SAMUT SONGKHRAM: A train bell rouses a Thai grandmother dozing in her fruit and flower stall, sending her rushing to fold in her awning before the locomotive slowly rumbles past, so close it almost touches her wares.

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BUSINESS

Twitter co-founder Jack Dorsey quits company

AFP, Published on 30/11/2021

» WASHINGTON: Twitter co-founder and CEO Jack Dorsey announced on Monday he was leaving the company, after steering the social network during the tumult of Donald Trump's presidency and surviving an activist investor's ouster bid in 2020.

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BUSINESS

UK to offer 10,500 post-Brexit visas to counter growing worker crisis

AFP, Published on 26/09/2021

» LONDON: Britain will issue up to 10,500 temporary work visas to lorry drivers and poultry workers to ease chronic staff shortages, the government announced Saturday, in a U-turn on post-Brexit immigration policy.

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BUSINESS

London's City finance hub mulls post-Covid future

AFP, Published on 29/08/2021

» LONDON: London's once bustling City finance district is grinding back to life, but it bears the scars of the deadly pandemic, sparking fresh questions over the future of the so-called "Square Mile".

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BUSINESS

'Blind box' craze grips China's youth and mints toymakers a fortune

AFP, Published on 28/04/2021

» BEIJING - Tiny unicorns and cartoon girls in clown costumes line the shelves of Wang Zhaoxue's study in Beijing -- tokens of China's mania for "blind boxes" that has made fortunes for toymakers and even caught the attention of those in power.