Beijing: China’s central bank conducted 60 billion yuan ($8.7bn) of open-market operations yesterday, after injecting a record amount of funds last week and...
Beijing: China’s central bank conducted 60 billion yuan ($8.7bn) of open-market operations yesterday, after injecting a record amount of funds last week and...
Tesla’s driver-assistance features, known collectively as Autopilot, have been vindicated. The U.S. Department of Transportation closed its investigation into a May 7 collision...
Lagos: Nigeria may consider itself a regional aviation hub but years of mismanagement and now recession have blighted domestic airline operations, making delays...
NEW YORK: Wall Street closed higher Friday after indexes recovered from losses during President Donald Trump's inaugural speech. Trump's reference to protectionism seemed...
NEW YORK: Apple sued its chip supplier, Qualcomm, for $1 billion Friday, alleging the firm demanded royalties for its technology. The world's biggest...
Davos: Russia's economy could grow by 2 percent in 2017 as long as there are no external shocks such as a renewed fall...
Tokyo: The dollar lost momentum yesterday as US Federal Reserve Chair Janet Yellen spoke of a gradual pace of rate hikes and sounded...
Bern: China’s economy will remain stable and keep growing steadily while resisting protectionism, President Xi Jinping (pictured) said Swiss executives yesterday. “We are...
Tokyo: Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation...
Shanghai: US movie studio Paramount said yesterday it was partnering with two Chinese film-industry companies in a deal that would reportedly see $1bn...
Davos: Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits...
Colombo: Sri Lanka has failed to attract bids from international airlines to privatise its loss-making flag carrier, but will continue its efforts to...
London: British retail sales unexpectedly slumped 1.9 percent in December from the previous month, sending the pound sliding yesterday's official data fed into...
Nairobi: Kenya has started a digital skills training programme to enable one million young people to secure freelance online work in the next...
Berlin: The International Monetary Fund’s chief has reassured German Finance Minister Wolfgang Schaeuble that the IMF plans to remain constructively engaged in talks...
Just finance it! This has been the advice that the US has given to young people for decades now. We borrow money to...
London: The US gas market has tightened significantly over the last nine months as low prices have spurred strong consumption and exports while...
Late December brought reports of startling news about China's land regime: holders of 20-year residential leaseholds in the prosperous coastal city of Wenzhou...
