Why China and Japan are praying the US won't default
As the clock ticks down toward an unprecedented US debt default, the world's second- and third-biggest economies are watching in fear.
2023-05-25 20:19
Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China
Cathay Pacific Airways said Tuesday it had fired three cabin crew members after a passenger complained of discrimination on a flight from mainland China, an incident that angered Hong Kong officials and underscored the pressure on the city's flag carrier to please Beijing.
2023-05-24 15:15
Ming Dynasty box that sat in an attic for decades sells for $358,000
A 15th century Chinese box which went unnoticed for decades has sold for £288,000 (about $358,000), smashing its expected price at auction.
2023-05-23 22:25
Africa's richest man launches $20 billion refinery to revive Nigeria's oil industry
Nigeria on Monday commissioned the Dangote oil refinery — considered a 'game-changer' in ending the country's fuel imports.
2023-05-23 05:30
Greece's ruling conservatives take commanding lead in elections but fail to secure outright majority
Greece's ruling New Democracy party scored a crushing victory in parliamentary elections Sunday but fell short of winning an outright majority in a vote dominated by the cost-of-living crisis, a wiretapping scandal and anger over the country's deadliest-ever train crash.
2023-05-22 12:55
This company wants to be the 'Booking.com for rocket launches'
Abu Dhabi startup Precious Payload is simplifying space travel. Its rocket-booking platform lists upcoming launches, helping researchers and entrepreneurs plan their space missions with the click of a button.
2023-05-19 15:53
China's economy is growing again. So why are investors getting out?
Until a few weeks ago, Chinese shares were among the best-performing in the world over the previous six months as investors bet on the country's economic recovery after the lifting of pandemic restrictions.
2023-05-19 15:46
Xi Jinping says no to 'street stall economy' in Beijing
Chinese President Xi Jinping has opposed the lifting of curbs on street vendors in Beijing, signaling splits within government over a policy shift aimed at tackling rising unemployment.
2023-05-18 19:16
SP Hinduja, billionaire head of Britain's richest family, dies at 87
Srichand Hinduja, the Indian-born billionaire leader of a global business empire and the patriarch of Britain's wealthiest family, has died aged 87, his daughters said on Wednesday.
2023-05-18 10:23
Australian gold miner Newcrest backs Newmont's $17.8 billion offer
Australian gold miner Newcrest Mining said on Monday it would back Newmont A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year.
2023-05-17 13:50
Exxon settles Indonesia torture case that led to SEC official's ouster
Exxon Mobil on Monday settled a long-running human rights lawsuit with villagers who claimed soldiers Exxon hired to guard a natural gas facility in Indonesia committed murder and torture.
2023-05-16 15:18
Warren Buffett's Berkshire Hathaway sells entire stake in TSMC
Warren Buffett's conglomerate has sold its remaining shares in the world's largest chipmaker, TSMC, after the "Oracle of Omaha" sounded alarms about its homebase of Taiwan.
2023-05-16 12:50