Markets

SYDNEY: Asian share markets got the new year off to a solid start on Monday on expectations central banks will keep money super cheap while the rollout of coronavirus vaccines helps slowly revive the global economy. With so much growth already priced in, it might be hard for economies...

MOSCOW: OPEC sees plenty of downside risks for oil markets in the first half of 2021, its secretary general said on Sunday (Jan 3), a day before meeting allies led by Russia to discuss output levels for February. "Amid the hopeful signs, the outlook for the first half of...

SEOUL: When Ryu Han-na, a 20-year-old university student, got cosmetic surgery on her nose in mid-December, she had a simple reason: It might be the last chance to do so covertly before people start taking off masks this year as vaccines are distributed. Ryu, who has been attending her...

When Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he will quickly need to revive the carmaker's fortunes in China, rationalise a sprawling global empire and address massive overcapacity.

An ageing population, overreliance on investment and the shifting geopolitical landscape are key challenges as the Asian giant shifts gears, says David Dollar.

The vaccines' cold storage requirements and shipment rules put small, rural communities at a disadvantage, but that's only part of a long-running challenge, say two Binghamton University observers.

FOLLOWING its inception in 1999, the euro fell below parity against the US dollar. Between 2000 and 2002, EURUSD attempted to rebound off its lows from the 0.8500 region but failed to clear above 0.9500.

NEW YORK: Thousands of minority-owned small businesses were at the end of the line in the government’s COVID-19 relief program as many struggled to find banks that would accept their applications or were disadvantaged by the terms of the program. Data from the Paycheck Protection Program released ...

MONTREAL: Medical companies and shippers in Canada are racing to transport time-sensitive radiochemical materials used to treat cancer, as a pandemic-induced drop in passenger flights has narrowed transportation options and created cargo delays. Half of air cargo normally travels in the belly of ...

A major avenue for global money laundering and tax evasion has been closed off by a new law requiring disclosure of owners of US shell companies used to hide billions of dollars.