Asian shares hovered near record highs on Monday while oil edged closer to US$60 a barrel on hopes a US$1.9 trillion COVID-19 aid package will be passed by U.S. lawmakers as soon as this month just as coronavirus vaccines are being rolled out globally.
For Cleanne Brito Machado, like millions of people in developing countries around the world, shopping for staple foods such as rice, beans, oil or potatoes now means making hard choices.
TOKYO: SoftBank Group on Monday (Feb 8) said net profit rocketed to US$11.1 billion in the third quarter as stock rallies and asset sales helped it solidify its recovery. Net profit for October-December hit 1,171.9 billion yen, more than 21 times higher than the 55.0 billion yen reported a...
Mainland China users of Clubhouse said that they were experiencing internet access disruptions to the U.S. social audio app, stoking concerns that the app has been blocked by the country's so-called Great Firewall.
Morgan Stanley initiated a long Russian rouble position against a 50-50 basket of the dollar and the euro it said on Monday, targeting a 6per cent rise in the Russian currency.
Months before the irrational trading in GameStop Corp, there was Hertz Global Holdings Inc.
An international coalition of lawmakers has written to HSBC Holdings Chairman Mark Tucker, calling on the bank to unfreeze Hong Kong pro-democracy activist Ted Hui's accounts.
SoftBank Group Corp on Monday reported that third quarter net profit ballooned more than 20 times, beating estimates, driven by recovery at its Vision Fund unit.
Polish video game maker CD Projekt is focusing on improving Cyberpunk 2077 and restoring the trust of players and partners disappointed with its flagship game, Puls Biznesu daily reported the group's CEO as saying.
Asian chipmakers are rushing to expand their production capacity to meet a global shortage that has been acutely felt by carmakers, but the firms warn that the supply gap may take many months to plug as they struggle to keep up with strong demand.
