Markets

SAN FRANCISCO: Microsoft said it is retiring Internet Explorer, the browser it created more than 25 years ago and which is now largely abandoned as people instead use competitors like Google's Chrome or Apple's Safari. "We are announcing that the future of Internet Explorer on Windows 10 is in...

HONG KONG: JD Logistics has indicated it will price its shares at HKUS$40.36 (US$5.20) to raise US$3.16 billion in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter. The sources could not be named as the information has not yet been...

WASHINGTON: The United States Treasury Department on Thursday (May 20) offered to accept a global minimum corporate tax of at least 15 per cent during international negotiations, a rate significantly below its proposed 21 per cent minimum for US multinational firms. The department said the ...

Japan's government is likely to forgo submitting an extra budget to the current parliament session running until June 16, the Yomiuri newspaper reported on Friday.

Japan's factory activity expanded at a slower pace in May as growth in output and new orders eased, in a sign emergency curbs to stem a rise in coronavirus infections were hampering the country's economic recovery.

Japan's government is likely to forgo submitting an extra budget to the current parliament session running until June 16, the Yomiuri newspaper reported on Friday.

WASHINGTON: US Federal Reserve chief Jerome Powell turned up the heat on cryptocurrencies on Thursday (May 20), saying they pose risks to financial stability, and indicating that greater regulation of the increasingly popular electronic currency may be warranted. The Treasury Department, meanwhile ...

A Texas judge hearing a state antitrust lawsuit against Alphabet Inc's Google ruled on Thursday that the case would not be moved to California.

The vast majority of Japanese firms want the government to compile a supplementary budget this year to help the country cope with the coronavirus pandemic, a Reuters survey found.

Hong Kong has announced its representative office in Taiwan will “temporarily suspend operations” but both sides have been winding down interactions in recent years, says Bo Zhiyue.