Credit to Author: Agence France-Presse| Date: Sat, 25 Jan 2020 13:00:25 +0000
DAVOS, Switzerland: Bruised by months of street protests and calls to resign, Hong Kong’s pro-Beijing leader Carrie Lam came to Davos with a tricky pitch to sell — that the Chinese territory is still a safe destination for investment and she is not going anywhere. Her stay at the four-day event in the Swiss Alps, which […]
Read moreCredit to Author: Agence France-Presse| Date: Thu, 12 Dec 2019 13:00:00 +0000
WASHINGTON, D.C.: The Federal Reserve (Fed) maintained its key lending rate on Wednesday (Thursday in Manila), but said it will turn its sights to low inflation and developments in the world economy. That was a signal that central bankers, who have repeatedly pledged to change course if needed, are monitoring the global slowdown and persistent […]
Read moreCredit to Author: Agence France-Presse| Date: Thu, 12 Dec 2019 12:30:26 +0000
SAN FRANCISCO: Twitter co-founder Jack Dorsey is funding research aimed at changing the way information circulates on social media — with the goal of combating online violence, hate and disinformation. Dorsey on Tuesday (Wednesday in Manila) announced he would fund an independent team of five architects, engineers and designers — dubbed Bluesky — to develop an “open and decentralized […]
Read moreCredit to Author: Agence France-Presse| Date: Thu, 12 Dec 2019 12:00:52 +0000
BEIJING: Whether Beijing and Washington reach a trade deal or not, China is already speeding up efforts to break its reliance on a country that is one of its biggest economic partners, but also its biggest adversary. The effort has gained greater urgency for Beijing after more than a year and a half of protracted […]
Read moreCredit to Author: Associated Press| Date: Tue, 26 Nov 2019 13:00:44 +0000
BEIJING: Top Chinese and US trade negotiators have agreed to talks on a preliminary deal for resolving the tariff war between the world’s two largest economies, the Chinese Commerce Ministry said on Tuesday. In a brief notice, the ministry said that Vice Premier Liu He and other senior officials spoke by phone with US Trade Representative […]
Read moreCredit to Author: Agence France-Presse| Date: Tue, 26 Nov 2019 12:30:27 +0000
HONG KONG: Chinese online retail giant Alibaba surged on Tuesday as it drew back the curtain on a Hong Kong listing the firm described as a vote of confidence in the embattled city. The long-delayed trading day got off to a glitzy start with Chief Executive Officer Daniel Zhang joined on stage at a stock […]
Read moreCredit to Author: Agence France-Presse| Date: Tue, 26 Nov 2019 12:00:40 +0000
PARIS: Luxury behemoth LVMH said on Monday it had clinched a deal to buy the storied US jeweller Tiffany in a $16.2-billion deal, its biggest acquisition ever, making the French firm a power player in fine gems just as demand is soaring worldwide. The deal comes after LVMH, already the top luxury firm overall, spent […]
Read moreCredit to Author: Agence France-Presse| Date: Thu, 21 Nov 2019 16:18:04 +0000
BEIJING: Former US secretary of state Henry Kissinger warned on Thursday that an armed conflict could break out between the United States and China if they fail to resolve their trade war. The sober remarks from Kissinger, who was instrumental in normalizing diplomatic relations between Washington and Beijing, came at a conference in Beijing on […]
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