World Business
A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers.
China’s factory activity accelerates at solid pace in September on boost from overseas demand
BEIJING: China’s factory activity extended solid growth in September, twin surveys showed, as the nation’s crucial exports engine revved up...
Pandemic to keep Asia’s growth at lowest since 1967, warns World Bank
TOKYO: The coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia...
Asian stocks mostly up but tempered by virus, election fears
HONG KONG: Asian stocks rose Monday, tracking a healthy lead from Wall Street as bargain-buyers moved in following a recent...
FinCEN exposes Indian banks’ involvement in money laundering, financial crimes
NEW YORK: The US Department of Treasury’s watchdog, Financial Crimes Enforcement Network (FinCEN), released a revelatory report that exposed the...
Tesla sues US over Chinese tariffs
NEW YORK: Electric car manufacturer Tesla has filed a lawsuit against US President Donald Trump’s administration, aiming to end what...
Asian markets sink again as virus, stimulus, election fan fears
HONG KONG: Asian markets tumbled Thursday following another sharp sell-off on Wall Street as investors were bombarded by a...
Asian markets struggle again as virus trumps Wall St bounce
HONG KONG: Asian investors struggled to match their Wall Street counterparts Wednesday, with markets drifting as spiking infection rates, new...
China port handles over 5,000 China-Europe freight trains
HOHHOTA: A total of 5,088 China-Europe freight trains have passed through the border port of Erenhot in north China's Inner...
Global banks seek to contain damage over $2tr of suspicious transfers
HONG KONG: Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout...
Asian markets weighed by virus spikes & stimulus gridlock
HONG KONG: Most Asian markets fell Monday following another disappointing performance on Wall Street with investors growing concerned about an...
Facebook releases 3rd edition of small business report
SANS FRANCISCO: Facebook has released its third edition of Global State of Small Business Report, a research collaboration with the...
Oil eases as U.S. production returns after storm
TOKYO: Oil prices drifted lower on Friday, pausing after three days of gains, as producers prepared to resume operations in...
Asia stocks slip as Fed warns of ‘uncertain’ outlook
HONG KONG: Asian markets mostly dropped Thursday following a broadly negative lead from Wall Street after the head of the...
Global recession not as deep as expected in 2020: OECD
PARIS: The global recession this year will not be as deep as expected as a result of countries’ efforts to...
WTO finds Washington broke trade rules by putting tariffs on China; ruling angers US
GENEVA/BRUSSELS: The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs...
Asian markets track Wall St rally, but ,more volatility expected
HONG KONG: Equities mostly rose in Asia on Tuesday, with support coming from a Wall Street rally fuelled by merger...
Asian markets on front foot as vaccine hopes get boost
HONG KONG: Asian markets pushed higher Monday as investors creep back after a recent sell-off, with coronavirus vaccine hopes given...
ByteDance to set up TikTok operations in Singapore after US ban
BEIJING: ByteDance, the Chinese owner of video-sharing app TikTok, is planning to make Singapore its beachhead for the rest of...
Russia eyes placing $6.7b worth of infrastructure bonds from 2021
SOCHI/MOSCOW “ Infrastructure bonds worth 500 billion rubles ($6.7 billion) to finance road construction across Russia are planned to be...
Asian markets tumble as Wall St tech rout spreads
HONG KONG: Technology and energy firms were among the big losers as Asian investors ran for the exit Wednesday...
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