Business

US stocks resume downward slide as sterling falls further

NEW YORK, United States (AFP) -- Wall Street stocks resumed their downward slide Thursday, while the pound dropped further amid…

Japan’s economy shrank more than estimated in Q2

  TOKYO, Japan (AFP) -- Japan's economy shrank slightly more than initially thought in the April-June quarter, official data released…

Japan’s economy shrank more than estimated in Q2

TOKYO, Japan (AFP) -- Japan's economy shrank slightly more than initially thought in the April-June quarter, official data released Tuesday…

PHL headline inflation eases to 2.4% in August; Palace credits this to gradual re-opening of economy

(Eagle News) -- The headline inflation in the Philippines eased to 2.4 percent in August, from 2.7 percent in the…

Australia enters recession after three decades of growth

SYDNEY, Australia (AFP) -- Australia has entered its first recession since 1991 after the economy shrank 7 percent in the…

Coronavirus pushes leading world economies into record slumps

  PARIS, France (AFP) -- Brazil and India reported historic second-quarter drops in national economic output this week, a situation…

Australia enters recession after three decades of growth

SYDNEY, Australia (AFP) -- Australia has entered its first recession since 1991 after the economy shrank 7 percent in the…

Most Asia stocks up on Fed rates news, Tokyo hit by Abe report

  HONG KONG, China (AFP) -- Expectations US interest rates will stay ultra low for as long as needed helped…

TikTok chief Kevin Mayer quits company

LOS ANGELES, United States (AFP ) -- TikTok CEO Kevin Mayer said Wednesday he has quit the company as tensions…

Thailand’s economy shrinks most in more than 20 years

BANGKOK, Thailand (AFP) -- Thailand's economy suffered its worst contraction since the Asian financial crisis more than two decades ago,…

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