Markets

China's national security law for Hong Kong and moves by the United States to begin withdrawing privileges enjoyed by the city under U.S. law have unsettled investors.

As the crisis engulfing his business empire deepened, Bavaguthu Raghuram Shetty met with Bank of Baroda officials in mid-March to discuss the US$250 million he and his firms owed.

When Chandana Hiran was a child, strangers would urge her to lighten her skin. Today the Indian student is leading a campaign against whitening creams as global anti-racism protests highlight the obsession with fair complexions for many in Asia.

BRASILIA: Brazil's right-wing President Jair Bolsonaro criticized Facebook Inc on Thursday for suspending accounts of his supporters but not of his leftist opponents in what he called unwarranted "persecution," adding that no hate postings were to be found on his account. Facebook on Wednesday ...

Telecom Italia (TIM) has excluded China's Huawei Technologies from a tender for 5G equipment for the core network it is preparing to build in Italy and Brasil, two sources familiar with the matter said on Thursday.

WASHINGTON: The Trump administration will announce actions against France over its digital services tax but will defer them while France defers tax collections from U.S. technology firms, U.S. Trade Representative Robert Lighthizer said on Thursday. The actions, expected by industry to be ...

Japan's economy will shrink at the fastest pace in decades in the year through March 2021, forcing the government to compile another stimulus package to cushion the blow from the coronavirus pandemic, a Reuters poll showed on Friday.

REUTERS: Epic Games, the creator of the popular video game "Fortnite", said on Thursday it had received a US$250 million investment from Japan's Sony Corp for a minority stake in the company. Last month, Bloomberg reported that Epic was close to raising a US$750 million round of funding, from...

BEIJING: WeRide, a Chinese autonomous vehicle startup, said on Friday it has become the first autonomous company to start fully driverless vehicle testing in China, as the world's biggest auto market accelerates development of autonomous technologies. Three-year-old WeRide, backed by Nissan ...

International Monetary Fund Chief Economist Gita Gopinath said on Friday governments must shift to "equity-like" support from one focused on liquidity provision as the coronavirus pandemic inflicts prolonged harm on companies.