Finance

Japan's Ultra-loose Monetary Policy Could Go In April

Japanese Prime Minister Fumio Kishida said on Sunday his government and the central bank must discuss their relationship... Read more

US Govt Launches Website To Help FTX Victims

The US government has launched a website for victims of FTX cryptocurrency exchange founder Sam Bankman-Fried's alleged ... Read more

Ant Group Shake-up Sees Jack Ma Give Up Control

Tycoon Jack Ma will no longer control his financial technology business Ant Group, the company said in a statement annou... Read more

US Stocks Rally On Hopes Of Moderating Fed Policy

Wall Street stocks engineered their first rally of 2023 on Friday after data suggested a slowing US economy, easing the ... Read more

Bet365 Boss Earns £260 Million Pay Package

Denise Coates, co-chief executive of online betting giant Bet365, pocketed annual pay totalling £260 million (US$311 mi... Read more

US Unemployment Dips In December

US job gains exceeded expectations in December while the unemployment rate ticked down, a closely-watched government rep... Read more

Hong Kong Stocks Close Slightly Lower

Hong Kong stocks finished Friday with their first loss of the new year, with traders tracking a retreat on Wall Street a... Read more

China Energy To Import Australian Coal: Report

The China Energy Investment Corporation has placed an order to import Australian coal, three sources familiar with the m... Read more

US Stocks Finish Down On Resurgent Fed Fears

Solid US hiring data translated into another round of interest rate angst on Thursday, with US stocks ending sharply low... Read more

US Trade Deficit Narrows To Smallest Since Late 2020

The US trade deficit narrowed more than anticipated in November on a fall in imports, government figures showed on Thurs... Read more

Amazon To Cut More Than 18,000 Jobs, CEO Says

Amazon announced on Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and t... Read more

China's Dec Services Sector Extends Declines

China's services activity shrank in December as Covid infections hit demand, a private-sector survey showed on Thursday,... Read more

Hong Kong Stocks Begin With Big Gains

Hong Kong shares jumped more than two percent at the start of trade on Thursday morning following a strong lead from Wal... Read more

US Stocks Shrug Off Fed Minutes To Break Losing Run

Wall Street stocks closed higher on Wednesday, snapping a brief losing streak as markets shrugged off messaging from the... Read more

Retail Sales Dropped 4.2 Percent In November

Local retail sales decreased by 4.2 percent year-on-year in November, snapping two months of growth. Government figu... Read more