HONG KONG: Even as Hong Kong has reduced down-payment requirements to help young professionals and families to buy homes, banks are beefing up mortgage application standards to ensure that a recession does not saddle them with bad loans, bankers and mortgage brokers said. Last month, Hong Kong ...
SYDNEY: Australian employment suffered its sharpest fall in three years last month, data showed on Thursday (Nov 14), underlining the need for urgent stimulus to revive economic activity and wages. The local dollar fell a third of a cent to US$0.6806 as the market narrowed the odds on a...
Facebook on Wednesday said it has taken down some 5.4 billion fake accounts this year in a sign of the persistent battle on social media against manipulation and misinformation.
China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of surveillance camera giant Hikvision , the company said.
The Softbank-owned operator of search engine Yahoo Japan is in talks to merge with messaging app firm Line, a union that would create a group extending from retail to mobile payments in one of the biggest Japanese tech deals of the year.
Asian stocks clung to tight ranges on Thursday as investors awaited key Chinese data for clues on how much the 16-month trade war between Beijing and Washington has hit growth in the world's second-largest economy.
TOKYO: Japanese Internet firm Z Holdings , the SoftBank-owned operator of Yahoo Japan, said on Thursday it was in talks to merge with messaging app operator Line Corp . Sources told Reuters the previous day a deal could see SoftBank Corp , which controls Z Holdings, and Line's parent...
Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a US$410 million expansion at the Alabama plant.
Peloton Interactive Inc is exploring apps for Amazon.com Inc's Fire TV and Apple Inc's Watch, Bloomberg reported on Wednesday, citing people familiar with the matter.
Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying to resist any type of regulation by stirring up racial tensions.
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