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EU and Britain need to strike a deal on Brexit

LONDON, UK – Reaching an agreement in trade deals is, in the best of times, a long process. There are inevitably differences in objectives and negotiation strategies between sides. Most

Business

Hong Kong stock market tanks, Hang Seng loses 414 points

SYDNEY, NSW, Australia – Stocks in Asia closed mostly lower on Thursday, although the Australian stock market made modest gains. The worst performer was the Hong Kong Hang Seng which

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Stocks in Asia generally on the rise, greenback slides

SYDNEY, NSW, Australia – Stocks in China rose sharply on Monday as economic data continues to be churned out underscoring the country’s rebounding economy. First to fight off the raging

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Wall Street continues to make ground

NEW YORK, Oct. 8 (Xinhua) — U.S. stocks finished higher on Thursday, bolstered by solid gains in the energy sector. The Dow Jones Industrial Average rose 122.05 points, or 0.43

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20,000 Australian businesses to get additional tax relief

CANBERRA, Oct. 2 (Xinhua) — The Australian government has announced further tax exemptions for small and medium businesses in an attempt to create jobs and accelerate the nation’s economic recovery.

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Wall Street, European and UK markets in strong rally Monday

NEW YORK, New York – U.S. stocks rallied on Monday in line with global share markets. “Today’s market is being led by energy and financials, but it’s a very well-balanced

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Bargain-hunters push U.S. stock indices higher, Nasdaq adds 241 points

NEW YORK, New York – Bargain-hunters bore into beaten down U.S. stocks on Friday pushing the major indices higher. “It’s dip buying. When you look at the correction that we’ve

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Uzbekistan to combat economic impasse by selling gold

TASHKENT, Uzbekistan – Uzbekistan is turning to its massive gold reserves to help fight its way out of an economic impasse brought on by the coronavirus pandemic and has, in

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TikTok launches second lawsuit against Trump administration

TEHRAN (Tasnim) – TikTok has asked a federal judge in Washington to block the Trump administration from enacting a ban on the fast-growing social-media network. It marks the second time

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U.S. stocks jump ahead of Federal Reserve meeting

NEW YORK, New York Sept. 15 (Xinhua/Big News Network) — U.S. stocks finished higher on Tuesday as Wall Street paid close attention to a key meeting by the Federal Reserve.

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Tech giants struggle to balance oversight against overreach

(Op-ed) Simon McCarthy-Jones – The Conversation 12th September 2020, 21:56 GMT+10 In the 20th century, politicians’ views of human nature shaped societies. But now, creators of new technologies increasingly drive

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5G to deliver 10,000 times capacity of mobile networks

While many are expecting the 5G network to be a technological marvel, the benefits will come with their own limitations, writes Paul Budde. As mentioned in a previous article, I

Business

U.S. stocks slide again, dollar closes mixed Friday

NEW YORK, New York, Sept. 4 (Xinhua/Big News Network) — U.S. stocks finished lower on Friday after choppy trading as investors continued to rotate out of tech-related shares. The Dow

Business

Wall Street joins global markets in reaching for the stars

NEW YORK, New York, Sept. 2 (Xinhua/Big News Network) — U.S. equities finished noticeably higher on Wednesday, with the Dow jumping more than 450 points in its best day since

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Ireland readying to launch new Employment Wage Subsidy Scheme

DUBLIN, Ireland – The Irish government is encouraging employers to register for the new Employment Wage Subsidy Scheme. The scheme replaces the Temporary Wage Subsidy Scheme from the 1 September

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China spending more on R&D than at any other time in history

Zhang Chaoyang, a doctoral candidate of the University of Electronic Science and Technology of China (UESTC), uses an infrared thermal imager to test the effect of plasma jet on human

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Clean sweep of Asian markets Monday, all rise

SYDNEY, Australia – Stocks in Asia edged ahead on Monday, while the U.S. dollar was mixed. At the close of trading Monday, the Nikkei 225 in Japan was ahead 65.21

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Wall Street climbs higher, dollar rally runs out of steam

NEW YORK, New York – Demand for A-list technology stocks propelled the three major U.S. indices higher on Thursday, pushing the tech-laden Nasdaq Composite to a new record peak. The

Business

Investors weigh into U.S. technology stocks, Nasdaq hits new record

NEW YORK, New York – U.S. technology stocks took off on Monday, taking the Nasdaq Composite to a new record high. “Tech is the only trade,” Jake Dollarhide, CEO of

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Asian stocks mostly rise, Hang Seng the exception

SYDNEY, Australia – Stocks in Asia were on the rise on Friday, while the U.S. dollar was mixed. Only the Hong Kong Hang Seng slipped. It lost 47.66 points or

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Key Hong Kong stock index jumps more than 500 points

SYDNEY, Australia – Stocks in Asia generally rose on Tuesday, however the Chinese bourses lagged as further pressure on Bejing was being applied to Washington. The United States has now

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U.S. stocks move higher despite increasing volatility

NEW YORK, New York – In a volatile day of trading, U.S. stocks managed a gain on Tuesday. Apple dominated with a fifth straight day of gains. The company’s capitalization

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Ireland launches taskforce to build night-time economy

DUBLIN, Ireland – Ireland is to establish a new taskforce which will see a range of departments, agencies and groups work together to promote and develop a vibrant and sustainable

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Stocks in Japan fall after Fitch puts debt on negative outlook

SYDNEY, Australia – Stocks in China rose again Wednesday, while markets in Japan and Australia fell. The U.S. dollar continued its decline to a two-year low. Fitch announced Wednesday it

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India to establish fish-processing plants in Maldives

MALE, Maldives – India and the Maldives on Wednesday signed a contract to set up fish processing plants at two of the islands in the Maldives. The island nation’s Foreign