Markets

Lawyers for the former Green Beret and son wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country on Monday argued U.S. authorities wrongly arrested them for aiding a crime that they say does not exist in Japan: bail jumping.

Some suspect that many governments are underreporting deaths, but this is an unlikely explanation, says an observer.

North Korea’s clever tactics will continue to earn the country income, despite fresh efforts from the US to clamp down on money laundering, says Steven Borowiec.

Macy's Inc said on Monday it raised a total of US$4.5 billion, including US$3.15 billion in asset-based credit, as the department store chain tries to navigate through the fallout from the COVID-19 pandemic.

WASHINGTON, DC: The US Federal Reserve on Monday (Jun 8) once again announced changes to its Main Street Lending Programme to reach more companies struggling to deal with the damage done by the coronavirus shutdowns. The facility, which has not yet launched, once again slashed in half the minimum ......

General Electric Co said on Monday it reopened portions of its prior debt offerings for US$3 billion in total proceeds to boost its cash reserves amid the coronavirus crisis.

WASHINGTON, DC: Wall Street indices powered higher on Monday (Jun 8) as investors bet on the economy's continued ability to recover from the coronavirus pandemic, with the Nasdaq reaching a new record close. The tech-rich index gained 1.13 per cent to finish the session at 9,924.75, 110.67 points ...

SEOUL: A South Korean court on Tuesday (Jun 9) declined to issue an arrest warrant for the heir to South Korea's Samsung empire over a controversial merger of two business units seen as a key step to his succession, Yonhap news agency reported. Lee Jae-yong, vice chairman of Samsung...

BUENOS AIRES: More than 20,000 clothes and shoe shops in Buenos Aires were allowed to open on Monday (Jun 8) as Argentina began a gradual reopening following more than two months of coronavirus lockdown. Until now, only businesses deemed essential had been allowed to open. Argentina's new phase ......

REUTERS: Surging technology and communications stocks have put the Nasdaq on the cusp of confirming that it is in a new bull market just 16 weeks after coronavirus fears smashed stocks and threw the U.S. economy into recession. The Nasdaq was up 0.8per cent in afternoon trade on Monday,...