Markets

DUBAI: The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday (Feb 16), but a sharp and rapid economic rebound could follow. "There may be a cut that we are still hoping would be in the 0.1 to 0.2 percentage space," the managing director of...

BEIJING: China's GEM Co Ltd, best known as a recycler of batteries for electric vehicles and producer of cobalt chemicals used in them, said on Sunday it had been given a four-month licence to make disinfectant in coronavirus-hit Hubei province. The surprise addition to the product portfolio of ......

BANGKOK: Thailand's telecoms regulator raised 100.52 billion baht (US$3.2 billion) in 5G spectrum auctions on Sunday (Feb 16), with operators snapping up 48 licenses ahead of an expected commercial rollout later this year. Thailand's top mobile operator, Advanced Info Service, emerged as the ...

Lebanon's state-owned carrier Middle East Airlines (MEA) will only accept payment in U.S. dollars from Monday, the National News Agency reported, as the country grapples with a foreign currency liquidity crisis.

NBA commissioner Adam Silver said Saturday the league expects to lose "several hundred million dollars" due to a row with China over a tweet by Houston Rockets general manager Daryl Morey supporting Hong Kong pro-democracy protesters.

Why are financial advisers resorting to such tactics to secure clients? DollarsAndSense’s Sim Kang Heong says agents hate these tactics too.

REUTERS: Twitter said on Saturday that an official Twitter account of the Olympics and the International Olympic Committee's (IOC) media Twitter account had been hacked and temporarily locked. The accounts were hacked through a third-party platform, a spokesperson for the social media platform ...

Britain will "turn off the tap" of foreign, low-skilled labour and require all skilled workers wishing to come to the country to have a job offer and meet salary and language requirements as it sets post-Brexit rules from next year.

WASHINGTON: The United States is increasing tariffs on Airbus planes imported from Europe to 15 per cent, authorities announced, in a move the aerospace giant said on Saturday was "deeply" regrettable. Friday's decision to hike tariffs from Mar 18 "further escalates trade tensions between the US ...

The U.S. government is considering whether to stop General Electric Co from continuing to supply engines for a new Chinese passenger jet, according to people familiar with the matter, casting uncertainty over China's efforts to enter the civil aviation market.