Financial Markets

Asia Today

Fed mulls 2023 rate hike, COVID Olympic fears, and a sea drone | Arts and Culture News

THE WEEK IN NUMBERS We gather the numbers to know from the week’s biggest economic news stories so you can…

Read More »
Asia Today

El Salvador stresses to IMF that both Bitcoin, dollars accepted | Business and Economy News

The Central American country’s finance minister assured the International Monetary Fund (IMF) that El Salvador has no plans to abandon…

Read More »
Asia Today

Germany steps up tax evader crackdown with Dubai data purchase | Angela Merkel News

‘With the new set of data, we are illuminating dark corners in which tax offenders so far have holed up,’…

Read More »
Asia Today

What sells more than ice cream in China? The odorous durian | Agriculture News

At China’s second-largest online sales event, more Malaysian Sultan durians have sold than ice cream and peaches. Malaysian durians have…

Read More »
Asia Today

CAIR calls on Hilton hotels to drop Xinjiang project | Business and Economy News

The Council on American-Islamic Relations is urging Hilton hotels to drop plans to build a hotel on a site where…

Read More »
Asia Today

Remote work unwind: Goldman spearheads Wall St return to office | Banks News

It’s a short stroll from Goldman Sachs Group Inc.’s global headquarters to Citigroup Inc.’s, but when it comes to reopening…

Read More »
Asia Today

Recent cyberattacks reveal US utilities’ extreme vulnerability | Business and Economy News

When the Los Angeles Department of Water and Power was hacked in 2018, it took a mere six hours. Early…

Read More »
Asia Today

Oil holds near multi-year highs as vaccine rollout pushes demand | Aviation News

Americans are becoming more comfortable meeting friends, returning to offices and attending large events, as per a survey. Oil prices…

Read More »
Asia Today

GameStop stock plummets 27 percent following earnings report | Financial Markets News

The stock was among the first to get a huge Reddit and social media following earlier this year and has…

Read More »
Asia Today

Meme stock favourite GameStop says it is subject of SEC probe | Financial Markets News

GameStop is one of a handful of stocks that have been fueled by Reddit traders who invest based on social-media…

Read More »
Asia Today

Some Wall Street traders are betting against another AMC rally | Business and Economy News

Some Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc and other “meme” stocks this…

Read More »
Asia Today

Turkish lira crashes to record low on Erdogan’s call for rate cut | Business and Economy News

His frequent calls for rate cuts & removal of three central bank chiefs have exposed Turkey to more financial stress.…

Read More »
Asia Today

Oil tops $70 as US summer driving season kicks off | Business and Economy News

Despite COVID-related restrictions in parts of Asia, the market is buoyed by demand from the US and parts of Europe.…

Read More »
Asia Today

India’s economy showed momentum in Q1 prior to COVID surge | Business and Economy News

India’s gross domestic product grew 1.6 percent in the first quarter of 2021 compared with the same time last year,…

Read More »
Asia Today

Free flights, lotteries, cash: Hong Kong’s vaccine incentives | Business and Economy News

When bar and nightclub owners in Hong Kong met with city officials this month, they expected to hear how the…

Read More »
Asia Today

As China cracks down on online education, it wrecks IPO prospects | Business and Economy News

China is escalating a crackdown on its online education sector, forcing once high-flying startups to mothball plans for multi-billion-dollar initial…

Read More »
Asia Today

Sit back and enjoy the show! AMC soars past $14B market value | Arts and Culture News

The United States movie theatre company’s stock is up more than 1,250 percent year-to-date, fuelled by retail investors and Reddit…

Read More »
Asia Today

WhatsApp sues Indian gov’t on privacy concerns: Report | Business and Economy News

WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations coming into force on Wednesday…

Read More »
Asia Today

The US cannabis industry’s one big problem: Too much cash | Banks News

The US cannabis business has a very particular cash flow problem – too much of it. Marijuana can be sold…

Read More »
Asia Today

China crackdown forces crypto mining operators to end operations | Business and Economy News

Cryptocurrency mining operators, including Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to…

Read More »
Asia Today

Bitcoin ends week in freefall as China warns of crypto crackdown | Automotive Industry News

The largest digital currency fell as much as 10 percent in late Friday trading, reaching as low as $35,636, with…

Read More »
Asia Today

True romance? White House couples up with dating apps on vaccines | Business and Economy News

Dating apps like Hinge, Tinder, Match and Bumble are offering incentives to people who got the jab. The White House…

Read More »
Back to top button