China on Friday set a modest annual economic growth target, at above 6per cent, and pledged to create more jobs in cities than last year, as the world's second-biggest economy emerged from a year disrupted by the effects of COVID-19.
Western Australia upgraded an inquiry into Crown Resorts Ltd to a Royal Commission on Friday, saying the state needed to take this measure to ensure there were sufficient legal protections to investigate the casino operator.
BEIJING: China on Friday (Mar 5) restored its annual economic growth target, setting it at above 6 per cent, and pledged to create more jobs in cities than last year, as the world's second-biggest economy emerged from a year disrupted by the effects of COVID-19. In 2020, China dropped...
Oil prices rose early on Friday, adding to big gains overnight after OPEC and its allies agreed to not increase supply in April as they await a more solid recovery in demand from the coronavirus pandemic.
The cost of borrowing U.S. 10-year Treasuries in the overnight repurchase, or repo market, went deeply negative on Thursday, analysts said, as investors sought to short the notes, causing market stress.
The U.S. International Trade Commission (ITC) on Thursday criticized Ford Motor Co for pursuing battery contracts with SK Innovation after evidence had emerged the South Korean electric vehicle (EV) battery maker misappropriated trade secrets from cross-town rival LG Chem.
Canadian prosecutors told a court on Thursday that a judge was not best-placed to decide whether national security and geopolitical concerns can be used to strike down the request by the United States to extradite Huawei Chief Financial Officer Meng Wanzhou.
A surge in blank-cheque investment vehicle fundraising and frantic pandemic-related trading in 2020 boosted investment banks' income by a record 28per cent from the year before, a report showed on Friday.
Commodities-related revenue at the world's 12 biggest investment banks surged by 85per cent last year compared to 2019 as oil and metals trading made further strong gains, consultancy Coalition said on Friday.
Gap Inc missed Wall Street estimates for quarterly sales on Thursday, hurt by store closures and falling demand for apparel at its namesake brand and Banana Republic.
