Showing 1-10 of 11 results
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Chokepoints could cripple trade
News, Published on 16/01/2024
» When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 8,000 kilometres from the canals of Suez and Panama lie even more important shipping lanes, chokepoints that could cripple global trade should any disaster befall them.
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Spain, Germany cases rise; UK PM remains in ICU: Virus update
Published on 08/04/2020
» Anthony Fauci, director of the US National Institute of Allergy and Infectious Diseases, said the start of a turnaround in the fight against the virus could come after this week.
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Global shares mixed, Set has worst week of year
Business, Published on 12/09/2016
» Recap: Global stock markets rallied last week, propelled by fading prospects for a US rate increase this month and upbeat Chinese import data. However, markets sank on Friday after North Korea reported a nuclear test and a senior Federal Reserve official said waiting much longer to raise rates could hurt the US recovery.
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Fresh volatility hits Asian markets
Published on 02/09/2015
» SHANGHAI — Asian stocks were hit by a fresh round of volatility Wednesday, as further evidence of slowing growth in China's economy cast a cloud over global markets.
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Ringgit slumps most in Asia
Published on 26/08/2015
» Malaysia’s ringgit sank to a 17-year low on Wednesday as concern about the finances of a state investment firm at the heart of a political scandal worsened the outlook for an economy rocked by plunging oil prices and an emerging-market selloff.
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Yuan devaluation boosts Chinese shares
AFP, Published on 11/08/2015
» HONG KONG - Asian shares were mixed on Tuesday, with Shanghai and Hong Kong boosted by news China's central bank is devaluing its currency while other regional markets fell.
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Asian stocks down after weak US data
Published on 30/04/2015
» HONG KONG — Most Asian stock markets sank Thursday after US growth data fell well short of forecasts, with the dollar around two-month lows against the euro as the chances of an interest rate hike in early summer faded.
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Asian equities mixed ahead of break
Published on 17/02/2015
» HONG KONG — The euro weakened Tuesday after the showdown debt talks between Greece and its creditors collapsed, raising the possibility the country will be excised from the eurozone.
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Asian markets jittery over Greece woes
Published on 05/02/2015
» HONG KONG — Concerns about Greece's plans to renegotiate its bailout rattled Asian markets Thursday and put pressure on the euro, while Shanghai and Hong Kong reversed early gains despite China cutting the amount of funds banks must hold in reserve.
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Oil prices hurt Asia markets
Published on 14/01/2015
» HONG KONG — Oil prices fell further Wednesday, heading to six-year lows, while crude's weakness continues to test investor confidence, pushing the yen up and weighing on Asian equities.
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