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Commentary: The US dollar remains crucial to Hong Kong’s prosperity

Commentary: The US dollar remains crucial to Hong Kong’s prosperity

June 4, 2020June 5, 2020
Business News
Hong Kong's currency, pegged to the US dollar, provides considerable financial buffer, says an observer. CORK, Ireland: Increasing economic tensions between the US and China...
AstraZeneca aims at two billion doses with new COVID vaccine deals

AstraZeneca aims at two billion doses with new COVID vaccine deals

June 4, 2020June 5, 2020
Business News
[caption id="attachment_2208" align="alignnone" width="779"] The logo of AstraZeneca is seen on medication packages in a pharmacy in London. [/caption] LONDON: Britain's AstraZeneca will be able...
George Floyd: SoftBank launches $100m minority startup fund

George Floyd: SoftBank launches $100m minority startup fund

June 3, 2020June 3, 2020
Business News
Japan's SoftBank is the latest major company to respond to the protests over the death of George Floyd. The technology giant has launched a $100m...
China’s cinemas could face widespread closures

China’s cinemas could face widespread closures

June 3, 2020June 3, 2020
Business News
More than 40% of cinemas in China could go bust according to a bleak report by the China Film Association. Having been temporary closed during...
US bars passenger flights from China

US bars passenger flights from China

June 3, 2020June 3, 2020
Business News
The US is barring passenger flights from China from 16 June, in the latest sign of tensions between the two economic giants. The Department of...
Saudi Arabia seeks to raise US$2.3 billion in Yemen donor conference

Saudi Arabia seeks to raise US$2.3 billion in Yemen donor conference

June 1, 2020
Business News
[caption id="attachment_1994" align="alignnone" width="886"] Yemeni men unload medical aid at a hospital warehouse in the war-torn country's second city of Aden, in early May [/caption]...
Japan talking with South Korea about export controls: Trade minister

Japan talking with South Korea about export controls: Trade minister

June 1, 2020
Business News
[caption id="attachment_1991" align="alignnone" width="735"] FILE PHOTO: Police officer stands guard near Japan and South Korea national flags at a hotel in Tokyo. [/caption] TOKYO: Japan...
Global smartphone sales plunge 20% in pandemic-hit quarter

Global smartphone sales plunge 20% in pandemic-hit quarter

June 1, 2020
Business News
[caption id="attachment_1984" align="alignnone" width="909"] Apple's iPhone 11, seen as it went on sale last September, helped the California-based giant weather the smartphone slump better than...
US stocks end higher despite protests, rising China tensions

US stocks end higher despite protests, rising China tensions

June 1, 2020June 1, 2020
Business News
[caption id="attachment_2000" align="alignnone" width="804"] The New York Stock Exchange. [/caption] NEW YORK: Wall Street stocks finished higher on Monday (Jun 1), shrugging off unrest in...
Trump’s push to regulate social media faces uphill battle at FCC

Trump’s push to regulate social media faces uphill battle at FCC

June 1, 2020June 1, 2020
Business News
[caption id="attachment_1981" align="alignnone" width="902"] U.S. President Donald Trump offers a thumbs up to the media as he walks on the South Lawn of the White...

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June 30, 2023

WASHINGTON: The US Supreme Court on Thursday (Jun 29) banned the use of race and ethnicity in university admissions, dealing a major blow to a...

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