Business

Indonesia economy shrinks for fourth straight quarter

  JAKARTA, Indonesia (AFP) -- Indonesia's economy shrank for the fourth consecutive quarter in January-March, data showed Wednesday, as the…

Asian markets mixed as traders eye US jobs data

HONG KONG, China (AFP) -- Equity markets were mixed in Asian trade Tuesday as investors bide their time ahead of…

Asian markets mostly down as inflation concerns persist

HONG KONG, China (AFP) -- Asian markets mostly fell Monday following a soft lead from Wall Street, hit by profit-taking…

Japan’s ANA aims for carbon neutrality by 2050

TOKYO, Japan (AFP) -- Japan's biggest airline ANA said Monday it aims to become carbon neutral by 2050 through new…

UK consumer price inflation quickens in March

LONDON, United Kingdom (AFP) -- Britain's annual inflation rate accelerated in March, official data showed Wednesday, stoking analyst fears of…

Pfizer defends high cost of Covid vaccine

    The head of Pfizer said Thursday the company's Covid vaccine, among the priciest on the market, is no…

Toshiba CEO resigns as buyout offer stirs turmoil

  TOKYO, Japan (AFP) -- Toshiba's president Nobuaki Kurumatani has resigned, the firm announced Wednesday, as a buyout offer from…

France says deficits rise as Covid destroys rebound hopes

  PARIS, France (AFP) -- France's government deficit will deepen and public debt rise after a lingering Covid crisis smashed…

Saudi plans to invest $3.2 trillion to boost private sector

RIYADH, Saudi Arabia (AFP) -- Saudi Arabia announced plans Tuesday to pump $3.2 trillion in fresh investments by 2030 to…

Dollar breaks 110 yen for first time since March 2020

HONG KONG, China (AFP) -- The dollar broke through the 110 yen barrier Tuesday for the first time in a…

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