FRANKFURT: After 2019 opened with hopes the European Central Bank could begin "normalising" policy after years of buttressing the Eurozone, governors appear set for a fresh unconventional turn on Thursday (Sep 12), under pressure from financial markets. Deeper negative interest rates, a new bond ...
WELLINGTON: Maori groups threatened to boycott Air New Zealand on Thursday (Sep 12), accusing the airline of cultural theft over its attempt to trademark the masthead of its in-flight magazine Kia Ora. The magazine's title is an indigenous greeting commonly used by all New Zealanders and the Maori ......
As the U.S.-China trade war intensifies, an insurance company run by the Chinese government is stepping in to support Chinese exporters, providing low cost coverage and chasing down U.S. importers unwilling or unable to pay mounting tariffs.
U.S. e-cigarettes maker Juul Labs Inc, which faces a widening crackdown on vaping at home, has entered China, with online storefronts on e-commerce sites owned by Alibaba Group and JD.com to tap the world’s largest market of smokers.
British American Tobacco Plc said on Thursday it would lay off 2,300 employees globally by January as it looks to simplify its operational structure.
SINGAPORE: The citizen unemployment rate in Singapore rose slightly in the second quarter of this year, according to figures released by the Ministry of Manpower (MOM) on Thursday (Sep 12). MOM also released its statement on Labour Market Developments for the first half the year, with total ...
Inspired by new ultra-thin solar panels developed for satellites, a project led by Toyota Motor Corp is experimenting with a sun-powered Prius that it hopes will one day require no plugging in.
HONG KONG: Asian investors on Thursday (Sep 12) cheered Donald Trump's decision to delay a hike in tariffs on Chinese goods and Beijing's announcement that it would remove a range of US products from its own planned levies. The moves signal an easing of tensions between the two economic...
Cathay Pacific Airways Ltd has put a freeze on new hiring, according to an internal memo seen by Reuters, as the airline battles a slump in demand from fliers avoiding Hong Kong amid massive anti-government protests in the city.
Shares of Hong Kong Exchanges and Clearing Ltd (HKEX) were set to fall 3.3 per cent on Thursday after the bourse unveiled a US$39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday.
