Asian stocks tracked global peers and rose on Friday while safe havens such as government bonds and the yen were sold amid signs of easing U.S.-China trade tensions and as firm U.S. economic data bolstered risk appetites.
A top U.S. accounting watchdog has brought only 18 enforcement actions and levied just US$6.5 million in fines against the Big Four accounting firms in its 16-year existence, according to a study published on Thursday.
U.S. President Donald Trump is expected to meet with Department of Agriculture and Environmental Protection Agency officials late Thursday to consider a plan that would include boosting biofuels requirements for 2020 by 1 billion gallons, according to two sources familiar with the discussions.
Alibaba Group Holding Ltd will buy e-commerce business Kaola from Chinese gaming company NetEase Inc for US$2 billion, adding a platform that specializes in supplying luxury goods from abroad to Chinese consumers.
Asian stocks tracked global peers and rose on Friday while safe havens such as government bonds and the yen were sold amid signs of easing U.S.-China trade tensions and as firm U.S. economic data bolstered risk appetites.
U.S. President Donald Trump is expected to meet with Department of Agriculture and Environmental Protection Agency officials late Thursday to consider a plan that would include boosting biofuels requirements for 2020 by 1 billion gallons, according to two sources familiar with the discussions.
Major oil companies have approved US$50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report published on Friday.
SHENZHEN: For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the US and other overseas markets. That strategy paid off, helping it grow into the world's ...
The U.S. Treasury on Thursday said the government should draw up a plan to begin recapitalising mortgage giants Fannie Mae and Freddie Mac, while calling on Congress to pen comprehensive housing reform that would allow the pair to be safely freed from government control.
Facebook Inc is teaming up with Microsoft Corp , the Partnership on AI coalition and academics from several universities to launch a contest to better detect deepfakes, the company said in a blog post on Thursday.
