Blinken eyes US inroads in Central Asia as Ukraine rattles nerves

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[caption id="attachment_17803" align="aligncenter" width="640"] FILE PHOTO: U.S. Secretary of State Antony Blinken meets with Greek Prime Minister Kyriakos Mitsotakis (not pictured) at the Maximos Mansion...

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Indonesia export rules may aid rupiah, but market wary of FX conversion

February 23, 2023February 23, 2023

JAKARTA: Indonesia's plan to require exporters to retain part of their earnings onshore should boost U.S. dollar liquidity, but bankers and businesses warn against imposing...

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UBS set to apply for China mutual fund license – WSJ

February 23, 2023February 23, 2023

Switzerland's biggest bank UBS Group AG is looking to apply for a mutual fund license in China, the Wall Street Journal reported on Thursday, citing...

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Hong Kong flags handouts to speed up recovery from COVID shock

February 21, 2023February 22, 2023

HONG KONG : Hong Kong will give more handouts to consumers to support the city's recovery from a prolonged economic downturn induced by COVID-19 restrictions,...

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How India’s scandal-hit Adani Group hushes critics

February 20, 2023

NEW DELHI: Independent Indian journalist Paranjoy Guha Thakurta is being sued by tycoon Gautam Adani's business empire in six different courts - and he is...

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Nokia, Kyndryl extend partnership for private 5G factory networks

February 14, 2023

STOCKHOLM : Nokia and Kyndryl have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless...

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Shock of war hits a world economy at the crossroads, say analysts

February 10, 2023

A year of war in Ukraine has already made a dent in world prosperity. But its deeper impact will be felt in how the conflict...

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Nintendo cuts net profit forecast as chip shortage hits console sales

February 7, 2023

TOKYO: Nintendo cut its full-year net profit forecast on Tuesday (Feb 7), saying the global chip shortage and other supply chain problems had hit console...

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US federal judge denies US FTC request to stop Meta from acquiring virtual reality content maker

February 3, 2023

WASHINGTON : A U.S. judge issued a public ruling on Friday evening that denies a request by the U.S. Federal Trade Commission to stop a...

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India’s Adani shares plunge again after stock sale cancelled

February 2, 2023

MUMBAI: Under-fire Indian tycoon Gautam Adani insisted Thursday (Feb 2) that the fundamentals of his conglomerate were "strong" even as shares in its companies plunged...