Business

Bitcoin tumbles below $40,000 after China issues warning

BEIJING, China (AFP) -- Bitcoin plunged below $40,000 for the first time in more than three months Wednesday after China…

UK unemployment dips, aided by Covid furlough scheme

LONDON, United Kingdom (AFP) -- British unemployment dipped to 4.8 percent in the first quarter, official data showed Tuesday, helped…

Thai economy shrinks 2.6% in first quarter

BANGKOK, Thailand (AFP) -- Thailand's economy shrank in the first quarter, official data showed Monday, as it was battered by…

Asian markets mixed as traders weigh recovery and new infections

HONG KONG, China (AFP) -- Asian markets were mixed Monday as optimism about the global recovery was offset by concerns…

Asian markets suffer further as inflation data looms

HONG KONG, China (AFP) -- Fears about surging inflation continued to trouble Asian markets Wednesday, with investors nervously awaiting crucial…

UK economy shrank 1.5% in first quarter: official data

LONDON, United Kingdom (AFP) -- Britain's economy contracted by 1.5 percent in the first quarter as the country suffered a…

Markets tumble in Asia as inflation fears haunt trading floors

HONG KONG, China (AFP) -- Equity markets tumbled in Asian trade Tuesday following steep losses on Wall Street as investors…

Asian markets rally on US outlook, iron ore at record high

HONG KONG, China (AFP) -- Asian markets rallied Friday following a record-breaking finish on Wall Street as traders keenly await…

China suspends economic accord with Australia

BEIJING, China (AFP) -- Beijing said Thursday it has suspended an economic agreement with Australia, an apparent tit-for-tat response to…

Nissan to sell entire Daimler stake for $1.4 billion

TOKYO, Japan (AFP) -- Nissan on Wednesday announced the sale of its entire 1.54 percent stake in German auto giant…

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