Business
Explainer: What is martial law and how does it affect business and economic activity
SOUTH Korean shares slumped Wednesday (Dec 4) after President Yoon Suk Yeol’s shock declaration of martial law overnight. This was the…
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Business
Business
What is martial law, and how does it affect South Korea’s business and economic activity?
SOUTH Korean shares slumped on Wednesday (Dec 4) after President Yoon Suk Yeol’s shock declaration of martial law overnight. This was the…
Business
Gold steady; all eyes on US jobs data, Fed Chair’s speech
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for…
Business
Australia’s economic growth stays tepid in challenge for RBA
AUSTRALIA’S economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, highlighting the…
Business
Mitsubishi Corp loses US$90 million in suspected China metal fraud
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper…
Business
Mitsubishi Corp lost US$90 million in suspected China metal fraud, say sources
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper…
Business
Vietnam pushes electric motorbikes as pollution becomes 'unbearable'
In Vietnam's heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with…
Business
Supermarkets 'putting profits above human rights', MP says
Supermarkets in the UK that appear to be selling products linked to slave labour in China may be “complicit in putting profits above human…
Business
Rakuten starts marketing its third dollar bond offering of 2024
RAKUTEN Group started marketing its third US dollar bond of the year, seeking to take advantage of strong investor appetite for junk rated…
Business
Indonesia must shut coal plants every year to hit climate goal
INDONESIA needs to shut multiple coal plants a year while also tripling renewables to meet its new president’s ambition of a full…
Business
STI up 0.4% amid mixed regional trading on South Korea political drama
SINGAPORE shares ended higher on Wednesday (Dec 4) amid mixed regional trading, as uncertainty loomed over Asia markets after South Korean…
Business
Larry Fink is making a new generation of billionaires richer than him
AS LARRY Fink drives BlackRock deeper into private markets, he keeps adding new billionaires to the asset-management giant’s roster – and…
Business
Cargill begins job cuts in drive to reduce headcount by 5%
GLOBAL commodities trader Cargill began laying off employees across its vast operations on Tuesday (Dec 3) in a drive to slash headcount…
Business
South Korea shares fall at the close as political tensions continue; Asia markets mixed
SOUTH Korean shares continued to fall by the close on Wednesday (Dec 4),after the country’s President Yoon Suk Yeol declared martial law…
Business
Corbin Burnes Predicted to Stun Orioles by Signing With AL East Rival
Share ✓ Link copied to clipboard! While Juan Soto is the best position player available in free agency, Corbin Burnes is the top starting…
Business
Stocks to watch: Digital Core Reit, Marco Polo Marine
THE following companies saw new developments that may affect trading of their securities on Wednesday (Dec 4): Digital Core Real Estate…
Business
JPMorgan bolsters Florida bet with 300 new jobs in Orlando
JPMORGAN plans to hire 300 people in the Orlando area over the next two years, part of the largest US bank’s expansion in the South. The…
Business
Microchip pauses chips act application after scaling back plans
MICROCHIP Technology is pausing its application for US semiconductor subsidies, sources familiar with the matter said, making it the first…
Business
Everything to know about Elon Musk's inner circle
Entertainment gossip and news from Newsweek's network of contributors Elon Musk started his career back in the '90s by founding major tech…
Business
Double spacecraft mission will create solar eclipses on demand to study the Sun
Europe's two eclipse-creating spacecraft are set to launch from India on Wednesday, beginning a mission that will require precision…
Business
Amazon announces new slate of AI models
AMAZON announced a new slate of artificial intelligence (AI) platforms, known as foundation models, at its annual AWS conference, allowing…
Business
Salesforce’s third-quarter revenue beats on strong cloud demand
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue…
Business
Many China copper traders halt US scrap imports on tariff fears
MANY Chinese metal importers have stopped buying US copper scrap in anticipation of tariffs being imposed when Donald Trump assumes the…
Business
Russian money ‘not our business’, says StanChart CEO Bill Winters, as bank doubles down on wealth management
The bank aims to attract US$200 billion in new assets over the next five years, expand relationship-manager team by 50% by 2028 STANDARD…