UBS’ Credit Suisse takeover, ‘deal of the century’?
ZURICH: Did banking giant UBS make the deal of the century when it bought one of the world's biggest banks for a pittance as it...
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Malaysia mulls rules for Google, Meta to pay news outlets for content
KUALA LUMPUR : Malaysia said on Tuesday it is considering regulations that will make internet giants Alphabet Inc's Google and Facebook parent Meta Platforms compensate...
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Oil inches higher on OPEC+ supply cut expectations
NEW DELHI: Oil prices edged higher on Monday, supported by expectations that major producers will supplies tight, and growing hopes that the Federal Reserve will...
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China approves 37 retail funds to help revive market
SHANGHAI : China's securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market struggling...
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Drought-hit Panama Canal to restrict access for one year
PANAMA CITY: The drought-hit Panama Canal will maintain restrictions on the passage of ships for one year, a measure that has already led to a...
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Dollar hovers near highs as US yields surge; PBOC bolsters yuan
TOKYO : The U.S. dollar held close to a 10-week peak versus a basket of major peers, and near its highest since November against the...
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US retail traders eye a fresh piece of the crypto derivatives pie
America's mom and pop bitcoin buffs have a shiny new derivatives playground that cryptocurrency analysts hope will fire up a moribund market. Their new platform...
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Dollar set for fifth winning week on Fed bets, PBOC supports yuan
TOKYO : The dollar headed for a fifth winning week versus major peers, the longest streak for 15 months, as a resilient U.S. economy argued...
Tesla launches cheaper Model S and X versions in US with shorter ranges
[caption id="attachment_18680" align="alignnone" width="2560"] The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam [/caption] Tesla has...
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Hongkong Land denies report it plans to sell tower in Central
HONG KONG : Property developer Hongkong Land on Wednesday denied a media report it is putting a well-known Hong Kong office tower on the market,...