It also faces calls from Washington to spend more on its own defence, mirroring pressure from the US on Europe. Taiwan President Lai Ching-te said […]
Category: Business
Asian markets creep up as investors await key speech
US Federal Reserve chair Jerome Powell will deliver remarks on Friday at the annual central bankers’ conference in Wyoming. Tokyo’s Nikkei index continued its fall […]
Jackson Hole to open under Trump’s shadow
Central bankers from around the world will attend the Jackson Hole symposium and investors are likely to hang on every word they utter. Earlier this […]
McDonald’s Japan scraps ‘One Piece’ promotion after Pokemon frenzy
Pokemon cards bearing the ‘little monsters’ are extremely popular among children but also attract adult superfans and collectors. After the Pokemon debacle, McDonald’s Japan issued […]
Shanghai’s share benchmark hits decade high as fintech, stablecoin stocks surge
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally. The Shanghai Composite index […]
Norway’s economy grows more than expected in Q2, boosting currency
The expansion in the first half of 2025 comes after a longer period of subdued growth in the Norwegian economy, says SSB. Norges Bank kept […]
Swiss exports fall before huge US tariff
Exports fell 2.7%, dragged down by a 6.8% drop in shipments of pharmaceutical and chemical goods, according to customs data. US President Donald Trump imposed […]
Kyrgyzstan appeals to Trump, Starmer after UK imposes Russia-related sanctions
President Sadyr Japarov denies that any of the country’s 21 banks were involved in circumventing sanctions. Kyrgyzstan has appealed to British Prime Minister Keir Starmer […]
Mediobanca says shareholders reject Banca Generali bid
The Italian bank is trying to fend off a hostile takeover by state-backed Banca Monte Paschi di Siena. Mediobanca announced in April its bid for […]
Russia orders state-backed MAX messenger pre-installed on devices
The decision to promote MAX comes as Moscow is seeking greater control over the internet space. MAX messenger is expected to be among mandatory pre-installed […]