Thursday, May 19, 2022

BUSINESS

UPDATE 1-China c. bank discusses asset disposals by property firms, sources say

(Adds sources, more details)HONG KONG / BEIJING, April 25 () - China's central bank met banks last week to discuss the disposal of non-performing assets by property developers, four sources with knowledge of the matter said, as regulators...

Beijing lockdown fears spark steepest China markets’ rout in two years

(Updates with details and Hong Kong closing levels)SHANGHAI, April 25 () - China stocks plunged on Monday in their biggest slump since the pandemic-led panic-selling in February 2020, on heightened worries of a country-wide COVID-19 outbreak and fears...

European stocks slide to 1-month low on China slowdown fears

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 22, 2022. / StaffRegister now for FREE unlimited access to .comRegisterMiners slump to mid-March low on China concernsEurozone volatility gauge spikes...

Modern slavery backlash fears slow British company disclosures -report

LONDON, April 25 () - Many companies are failing to spell out clearly whether they comply with modern slavery laws, Britain's corporate governance regulator said, partly for fear of triggering a public backlash.Human rights have become an important...

China stocks see worst day in 27 months on COVID worries

SHANGHAI, April 25 () - China stocks logged their biggest slump on Monday since the pandemic-led panic-selling in February 2020, on heightened worries of a country-wide COVID-19 outbreak and fears of strict restrictions being imposed in capital Beijing.The...

Sri Lankan shares plunge nearly 10% as trading resumes after 2 weeks

April 25 () - The Sri Lankan stock market was closed half an hour into trading on Monday, after shares tumbled nearly 10% in their first session since the central bank doubled its interest rates two weeks ago...

Asda, Morrisons cut prices of key items amid British spending squeeze

Asda cuts the prices of over 100 essential itemsAsda to invest 73 mln stg to lower pricesMorrisons cuts the prices of over 500 productsLONDON, April 25 () - Asda and Morrisons said they would cut the prices of...

No relief for European stock futures despite Macron election win

() - European stock index futures sank over 1% on Monday as nerves around rapid US interest rate hikes and tech earnings this week overshadowed cheer from French President Emmanuel Macron's election victory.By 0605 GMT, futures for the...

Abu Dhabi licenses Kraken to operate crypto exchange

DUBAI () - Abu Dhabi Global Market (ADGM) said on Monday it has licensed the Kraken group to operate a regulated virtual asset exchange platform in the financial free zone.Kraken is the first global virtual assets exchange group...

Spain’s BBVA raises offer for Turkish lender Garanti by 23%

MADRID () -Spain's BBVA on Monday said it has raised 23% the price it offered to buy the shares in Turkish lender Garanti it does not already own, a move seeking to strengthen its exposure to emerging markets.BBVA...
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Latest News

Elton John documentary ‘Goodbye Yellow Brick Road’ announced

A new documentary focusing on Elton John's' Farewell Yellow Brick Road' tour and his early years has been...
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Bush refers to Russia’s Ukraine invasion as ‘Iraq War ‘ in speech slip-up

Former President George W. Bush mistakenly conflated the Iraq invasion his administration oversaw with Russia's unprovoked war in Ukraine in a Wednesday speech...

Watch TWICE perform ‘The Feels’ live on ‘The Late Show With Stephen Colbert’

K-pop superstars TWICE recently appeared in-person on The Late Show With Stephen Colbert to perform their hit English single 'The Feels'. On the May...

Court considers whether US can seize a Russian yacht in Fiji

WELLINGTON, New Zealand - At Lautoka harbor in the heart of Fiji's sugar cane region, five US federal agents boarded the Russian-owned Amadea,...

Forget to cancel your free trial? 5 ways you waste money in tech life.

For a columnist and national radio show host focused on technology, you might be surprised how often I'm asked about money.It makes sense....