Markets

OECD chief Angel Gurria said on Thursday he expects all the necessary elements for a global accord on taxing tech giants to be ready by June or July thanks to a sharp shift in the U.S. stance on the initiative.

HANOI: Vietnam on Thursday denied a U.S. Commerce Department's finding that said the country's car and light truck tires are being unfairly subsidised due to a currency undervaluation. "Vietnam doesn't dump nor subsidise its automobile tires for exports, and doesn't manipulate currency to gain ...

Chinese regulators including the central bank will crack down on manipulation of the forex market, according to a statement on Thursday on the central bank's website.

JAKARTA: Top thermal coal exporter Indonesia is planning to retire its coal-fired power plants gradually, in a phased move towards becoming carbon neutral, an official from the country's state utility, Perusahaan Listrik Negara (PLN), said on Thursday. This is part of PLN's ambition to achieve ...

Mediaset shareholders on Thursday agreed to ditch a loyalty share scheme at the Italian broadcaster as part of a wider agreement struck earlier in May to end a years-long dispute with its second-largest investor, French media group Vivendi.

The Indian government's battle with social media giants escalated Thursday with Twitter accusing the police of "intimidation" and slamming new IT rules that have also alarmed its peers and privacy campaigners.

Best Buy Co Inc on Thursday raised its full-year comparable sales forecast, as fresh stimulus checks helped boost spending at its stores even as a reopening economy threatens to slow last year's pandemic-induced surge in demand.

A Russian court on Thursday said it had handed social network operator Twitter two fines totalling 7 million roubles (US$95,310) for failing to delete banned content.

Taiwanese firm Foxconn Technology Co Ltd is in talks to acquire a stake in Malaysian technology firm Dagang NeXchange Bhd (DNeX) after losing a bid for a semiconductor maker DNeX now owns, Bloomberg reported on Thursday, citing sources.

The Bank of Japan's asset holdings as of end-March rose 18.2per cent from a year earlier, as it aggressively pumped money via asset purchases to cushion the economic blow from the COVID-19 pandemic, data from the central bank showed on Thursday.