Yuan Drops to Key 7.2 Level on Slow Stimulus, PBOC’s Greenlight
China’s yuan weakened past the closely watched 7.2-per-dollar level as investor sentiment soured on a lack of aggressive
2023-06-21 10:45
Thai Coalition Says Nearing Senate Nod for Pita Premiership
A coalition of pro-democracy parties that swept Thailand’s general election last month said it is close to securing
2023-06-21 09:55
Foreign companies are shifting investment out of China as confidence wanes, business group says
A business group says foreign companies are shifting investment and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges
2023-06-21 09:45
Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic
Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic
2023-06-21 08:50
Ukraine war: Push to rebuild economy starts with UK's $3bn
The World Bank says many years of financial support are needed as London hosts a major conference.
2023-06-21 08:28
Build begins on Wyoming-to-California power line amid growing wind power concern
Wyoming and federal officials formally kicked off construction Tuesday of a massive transmission line project to export wind power from Wyoming to southern California
2023-06-21 08:27
Warren Buffett's firm raises stakes in Japanese trading houses as Nikkei hot streak continues
Billionaire Warren Buffett's company increased its investments in five major Japanese trading houses for the second time this year to give Berkshire Hathaway control of 8.5% of each of those conglomerates
2023-06-21 07:45
An Aggressive Supreme Court Reshapes the US as Its Standing Erodes
The Supreme Court, in the midst of a run of decisions that have stress-tested the core principles of
2023-06-21 07:20
Twitter employees sue social media company over bonuses they say weren't paid despite promises
Current and former employees are suing Twitter over bonuses they say the social media company failed to pay despite promises it would
2023-06-21 06:59
Hospital turns over transgender patient records to Tennessee attorney general in investigation
Vanderbilt University Medical Center has turned over transgender patient records to the Tennessee attorney general’s team in what his office confirmed is an investigation into potential medical billing fraud
2023-06-21 06:27
Biden discusses risks and promises of artificial intelligence with tech leaders in San Francisco
President Joe Biden has convened a group of technology leaders in San Francisco to debate the risks and promises of artificial intelligence
2023-06-21 05:57
Company says it can't say for sure whether more air-bag inflators might explode and hurl shrapnel
A company that makes air-bag inflators that have exploded in eight incidents involving two deaths and seven injuries argues that it can’t say for sure whether its inflators might cause further such incidents
2023-06-21 04:17