Explainer-What is Hong Kong's new dual HKD/RMB share counter?
By Georgina Lee and Winni Zhou HONG KONG The Hong Kong stock exchange will start offering yuan-denominated Chinese
2023-06-16 17:50
China's Xi greets 'old friend' Bill Gates in first meeting with a US business magnate in years
Bill Gates met with Xi Jinping on Friday, marking the Chinese leader's first known one-on-one meeting with a Western business figure in years after a new pledge from the Gates Foundation.
2023-06-16 16:26
Hong Kong interbank rates rise; one-week Hibor climbs to highest in 16 years
By Georgina Lee HONG KONG Hong Kong interbank rates rose across all tenors on Friday, with the overnight
2023-06-16 12:18
Shanghai Plant Burns 800 Tons of Coal an Hour to Keep City Cool
On a sprawling riverside industrial complex about 10 miles (16 kilometers) from Shanghai’s gleaming downtown skyscrapers, a massive
2023-06-16 11:47
What are junk fees and how might Biden tackle them?
The president says airlines, banks, hotels and concert vendors are playing Americans "for suckers".
2023-06-16 09:47
Lawmakers wrangle over measures to address pilot shortage
A series of controversial proposals to address the airline pilot shortage is complicating Congress' consideration of a new slate of Federal Aviation Administration policies with one senator warning fellow lawmakers there will be blood on their hands if reduced pilot training causes a fatal accident.
2023-06-16 09:20
Mysterious 1,000% Stock Gains Baffle Traders in Indonesia
Unexplained gains in Indonesian stocks are fueling calls for tighter regulation in Southeast Asia’s biggest equity market. Known
2023-06-16 08:17
Asia Stocks to Echo US Rally as Commodities Jump: Markets Wrap
Asian equities were poised to climb after a rally in stocks linked to artificial intelligence drove US benchmarks
2023-06-16 07:53
iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
2023-06-16 05:45
How will the Federal Reserve's rate hike pause affect the dollar?
The Fed's rate hiking campaign has helped pump up the US dollar, maintaining an unexpected strength that reverberates across the economy. However, with the Fed's pause, many experts believe the dollar's muscle may start to give out.
2023-06-16 05:20
US State Department identifies 'rapidly growing and troubling trend' of forced labor linked to cyber scams
The US State Department identified a "rapidly growing and troubling trend" of "forced labor as a result of cyber scam operations," as it launched its annual human trafficking report, US Ambassador at Large to Monitor and Combat Trafficking in Persons Cindy Dyer said Thursday.
2023-06-16 02:49
France hosts $7 billion debt talks as Casino seeks deal with creditors
By Mathieu Rosemain PARIS Casino and the holders of its 6.4 billion euros ($7 billion) of debt met
2023-06-16 00:51