Yen soars, Nikkei slides as rate hikes loom over Japan

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SINGAPORE : Japanese markets were reeling on Friday, with the Nikkei heading for its biggest weekly drop since October, bonds battered and the yen surging...

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Hunter Biden indicted on tax evasion charges

December 7, 2023December 7, 2023

LOS ANGELES: Hunter Biden was indicted late yesterday on multiple counts of tax evasion, the second time this year President Joe Biden’s troubled son has...

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Chinese developer Shimao trades flat after issuing plan to revamp offshore debt

December 7, 2023December 7, 2023

HONG KONG : Shares in Chinese property developer Shimao Group were flat on Friday after it issued a restructuring plan to reduce up to $7...

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China’s exports slump seen slowing as pockets of demand emerge- Reuters poll

December 6, 2023

[caption id="attachment_19301" align="aligncenter" width="800"] An aerial view shows cars for export at a port in Yantai, Shandong province, China May 3, 2023. China Daily via...

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Actor Jamie Foxx makes first public appearance since hospitalisation for undisclosed illness

December 6, 2023December 6, 2023

“I saw the tunnel. I didn’t see the light,” he said during his acceptance speech, noting that his medical condition was life-threatening. Actor Jamie Foxx...

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Philippine military on high alert after bombing called terrorism

December 3, 2023

MANILA: Philippine forces were on high alert on today after a bomb killed four people and wounded several during a Catholic mass in a university...

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Toyota halts some Tianjin operations after report of weak sales

December 2, 2023December 2, 2023

SHENZHEN: Toyota Motor has halted production on some ageing lines at a joint venture in China while operations continue as normal, the Japanese automaker said...

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Coates wants athlete numbers reduced for Brisbane Games

December 2, 2023December 2, 2023

International Olympic Committee Vice President John Coates has said athlete numbers at the 2032 Olympics in Brisbane must be reduced to help ensure the games...

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Mitrovic doubles up as Al-Hilal down Ronaldo’s Al-Nassr in Riyadh derby

December 2, 2023December 2, 2023

[caption id="attachment_19265" align="alignright" width="449"] Soccer Football - Saudi Pro League - Al Hilal v Al Nassr - King Fahd International Stadium, Riyadh, Saudi Arabia -...

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Lotus Tech secures $870 million ahead of deal completion with L Catterton SPAC

November 28, 2023

[caption id="attachment_19259" align="alignnone" width="2560"] FILE PHOTO: A car is displayed on a rooftop as British sports car maker Lotus unveils its new fully electric "Emeya"...