Markets

A NEW kid on the block is riding on the growing popularity of digital exchanges for asset-backed tokens - but with a green finance twist.

WASHINGTON: The Biden administration on Tuesday (May 17) gave investors two extra weeks to buy or sell securities in certain companies it deems are tied to the Chinese military, an extension it said was needed to craft a stronger policy to prohibit such trades. President Joe Biden's administration ......

BEIJING: China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. It was China's latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban ...

Industrial policy and state direction had little to do with the COVID-19 vaccines' success, say Deirdre Nansen McCloskey and Alberto Mingardi.

Stock indexes globally were flat to higher on Tuesday with technology shares recovering on Wall Street, while the U.S. dollar touched its lowest level since late February.

US home construction fell a surprisingly sharp 9.5 per cent in April and economists attributed that partially to builders who delayed projects because of a surge in lumber prices and other supply constraints.

A federal judge on Tuesday (May 18) questioned why he should approve a US$2 billion proposal by Bayer AG that would create a framework for resolving future claims that the company's Roundup weedkiller causes cancer, casting doubt a day before a key hearing on the plan.

The Biden administration gave investors two more weeks to buy or sell securities in certain companies tied to the Chinese military, the US Treasury Department said in a notice posted on its website on Tuesday (May 18).

Amazon.com told Reuters on Tuesday it is extending until further notice a moratorium that it imposed last year on police use of its facial recognition software.

Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero emissions by mid-century, the International Energy Agency (IEA) said on Tuesday, in the top global watchdog's starkest warning yet to curb fossil fuels.