Markets

BERLIN: A decision by European leaders to issue joint debt to finance coronavirus aid for weaker member states should remain an exemption and not serve as a blueprint for future budget challenges, Bundesbank President Jens Weidmann said on Sunday (Jul 26). European Union leaders on Tuesday ...

WASHINGTON: US Treasury Secretary Steven Mnuchin on Saturday (Jul 25) said that the Trump administration supports extending enhanced unemployment benefits until the end of the year in the next round of coronavirus aid, albeit at a reduced level. The administration and the US Congress have been ...

BEIJING: China's soya bean imports in June from top supplier Brazil soared to a record high, according to customs data released on Sunday (Jul 26), driven by growing demand for soya beans as China's pig herd recovers after deadly outbreaks of African swine fever. The world's top soya bean...

TUI, Europe's biggest holiday company, said on Sunday it had decided to cancel all holidays to mainland Spain up to and including Sunday Aug. 9 in updated advice after Britain imposed a quarantine on those returning from the country.

An Indian court has summoned Alibaba and its founder Jack Ma in a case in which a former employee in India says he was wrongfully fired after objecting to what he saw as censorship and fake news on company apps, documents seen by Reuters showed.

Spurning free air tickets, accommodation and higher pay, millions of migrant workers who fled India's cities when coronavirus hit are too scared to return, with grim implications for the already crumbling economy.

BANGKOK: Thai energy drink brand Red Bull has sought to distance itself from a member of the business founder's family who was involved in a hit-and-run case, as calls to boycott its products grow. Vorayuth Yoovidhya, grandson of the late Chaleo Yoovidhya who created the Thai energy drink Krating...

Hong Kong will stop most ships from changing crews in the territory from Wednesday to cut back on quarantine exemptions blamed for causing a third wave of coronavirus cases.

A Malaysian court will hand down its verdict in Najib Razak's first corruption trial on Tuesday, nearly 16 months after it began probing the former prime minister's role in the multi-billion-dollar 1MDB scandal.

An Indian court has summoned Alibaba and its founder Jack Ma in a case in which a former employee in India says he was wrongfully fired after objecting to what he saw as censorship and fake news on company apps, documents seen by Reuters showed.