Business

Singapore ‘should avoid economic contraction’: PM

Singapore is expected to post slower economic growth this year but it "should avoid an outright contraction", Prime Minister Lee…

Jack Ma takes up visiting professor post in Japan

TOKYO, May 1, 2023 (AFP) - Chinese billionaire Jack Ma on Monday took up a visiting professor position at a…

French mass in May 1 show of anger against Macron pension reform

PARIS, May 1, 2023 (AFP) Hundreds of thousands of people on Monday massed in France on labour day to vent…

JPMorgan buys First Republic after regulators seize control

New York, United States | AFP | Monday 5/1/2023 US financial authorities seized California's troubled First Republic Bank on Monday…

Bank of Japan maintains monetary easing but plans review

by Hiroshi HIYAMA / Kyoko HASEGAWA The Bank of Japan announced a review of its longstanding monetary easing measures on…

US growth cools in first quarter as recession fears deepen

WASHINGTON, April 27, 2023 (AFP) - US economic growth lost steam in the first quarter this year, said the Commerce…

Meta surges as earnings beat expectations after belt tightening

by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) -- Shares in Facebook parent Meta surged Wednesday after the…

Argentina to pay for Chinese imports in yuan instead of dollars

BUENOS AIRES, Argentina (AFP) -- Argentina will pay for Chinese imports in yuan instead of US dollars in order to…

CEO of Germany’s Thyssenkrupp to step down, shares hit

Thyssenkrupp's chief executive Martina Merz is stepping aside early, the German industrial giant said Monday, in a surprise announcement that…

Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover

Zurich, Switzerland | AFP | Monday 4/24/2023 by Nathalie OLOF-ORS Tens of billions were withdrawn from Credit Suisse in the…

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