Showing 1-10 of 149 results
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Beijing auto show opens in world's largest market
AFP, Published on 25/04/2018
» BEIJING: Global carmakers will take the stage in Beijing on Wednesday with new car models to woo the world's largest auto market as China promises to liberalise the industry.
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Global art sales suffer sharp fall
Business, AFP, Published on 05/10/2016
» Paris: Global contemporary art sales slowed by a quarter in the year to July 2016 as demand in China dried up, according to online art price database Artprice.
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Asia stocks up in New Year trade
AFP, Published on 02/01/2015
» HONG KONG — Asian markets started 2015 on an upswing in limited trading on Friday, with mainland Chinese stocks surging in Hong Kong on speculation Beijing may ease monetary policy to boost slowing growth.
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Deal averting US default clears first hurdle
AFP, Published on 31/05/2023
» WASHINGTON: A deal to raise the US debt ceiling passed its first major test in Congress on Tuesday, surviving a crucial procedural vote amid a conservative backlash that resurrected the threat of the country's first-ever default.
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US warned debt standoff could hit credit rating
AFP, Published on 25/05/2023
» WASHINGTON: Ratings agency Fitch put the United States on notice Wednesday that its perfect credit rating could be jeopardised if the White House and Republican opposition fail to overcome their impasse on raising the nation's borrowing limit, a week before a key deadline.
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As in 2008, JPMorgan chief plays key role in bank rescue
AFP, Published on 18/03/2023
» NEW YORK: Consulted by policymakers and able to nudge his peers into action, JPMorgan Chase CEO Jamie Dimon played a key role in a bank rescue effort this week -- a situation sparking reminders of 2008.
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Fed delivers another steep rate hike with more to come
AFP, Published on 03/11/2022
» WASHINGTON: The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom ahead of key US midterm elections.
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Biden signs major semiconductors investment bill to compete against China
AFP, Published on 10/08/2022
» WASHINGTON: President Joe Biden signed into law Tuesday a multibillion dollar bill boosting domestic semiconductor and other high-tech manufacturing sectors that US leaders fear risk being dominated by rival China.
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Fed set for another big rate hike with economy on knife's edge
AFP, Published on 24/07/2022
» WASHINGTON: US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still keeping the economy growing, though they have made it clear they are willing to risk a recession.
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US could face more inflation 'surprises': Fed's Powell
AFP, Published on 22/06/2022
» WASHINGTON: The US economy is strong but faces an "uncertain" global environment and could see further inflation "surprises," Federal Reserve Chair Jerome Powell said Wednesday.
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