Business

Top oil producers may freeze output amid Omicron concerns

by Benoît PELEGRIN LONDON, United Kingdom (AFP) -- Major oil producers are due to meet Thursday to decide on output…

Global markets rebound after Omicron turmoil

  by Roland JACKSON Agence France Presse LONDON, United Kingdom (AFP) -- Global stock markets rebounded Wednesday and oil prices…

Global markets down, oil slumps on Omicron vaccine warning

    NEW YORK, United States (AFP) -- World stocks and oil prices slid Tuesday after Moderna warned current vaccines…

Lockdowns cause Australian economy to shrink

SYDNEY, Australia (AFP) -- Lockdowns and border controls shrank Australia's economy by 1.9 percent in the third quarter, official statistics…

Asian markets hit by Moderna vaccine warning over Omicron

  HONG KONG, China (AFP) -- Asian equity and oil traders were sent running Tuesday after the head of Moderna…

Fears over new Covid variant hit Asian markets, oil prices

HONG KONG, China (AFP) -- Asian markets and oil prices sank while safe havens rallied on Friday over fears of…

Asian markets mixed, dollar rises again as Fed’s Powell gets nod

HONG KONG, China (AFP) -- Markets were mixed in Asia on Tuesday and the dollar extended gains as investors bet…

Japan unveils record $490 billion stimulus to boost pandemic recovery

by Kyoko HASEGAWA TOKYO, Japan (AFP) -- Japanese Prime Minister Fumio Kishida announced a record $490 billion stimulus for the…

Japan prices rise for second month

TOKYO, Japan (AFP) -- Japan's core consumer prices rose slightly year-on-year in October for the second month running, driven in…

HSBC chief backs Hong Kong’s coronavirus isolation

SINGAPORE (AFP) -- The boss of Asia-focused lending giant HSBC backed Hong Kong's decision to mirror China's zero-Covid strategy on…

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