European stock markets pick up after losses in Asia

European stock markets pick up after losses in Asia

Posted: Aug. 16, 2018 8:00 am TOKYO (AP) — Stock markets are higher in European trading as Turkey’s currency crisis abated somewhat and after a downbeat day in Asia. Benchmarks in Germany and France rose Thursday while shares in Tokyo, Shanghai and Hong Kong declined. KEEPING SCORE: Germany’s DAX added 0.5 percent to 12,221 and […]

Asia markets positive after Wall Street gains on earnings, trade news

Asia markets positive after Wall Street gains on earnings, trade news

The expected moves come after a Thursday rebound in U.S. markets, with a string of positive news ranging from strong corporate earnings to reports of a revival in U.S.-China trade talks all boosting investor sentiment. White House economic advisor Larry Kudlow confirmed to CNBC’s “Squawk Box” earlier reports saying China and the U.S. will hold […]

Alibaba offers cloud computing for Southeast Asia's retailers to embrace digitisation and big data

Alibaba offers cloud computing for Southeast Asia's retailers to embrace digitisation and big data

Alibaba Group Holding, the world’s largest e-commerce services provider, is making a push into Southeast Asia by offering a suite of cloud computing solutions to help retailers embrace digitalisation and provide the kind of online-offline shopping experience that is already commonplace in China. A suite of computing solutions ranging from cloud architecture and machine learning […]

Smartphone Suppliers Slide After Asia Peers' Earnings Disappoint

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Asia Markets, US Stock Futures Show Resilience

Asia Markets, US Stock Futures Show Resilience

Stocks in Asia were mixed in early trade Tuesday, as benchmarks in Australia, Japan and Hong Kong fought back from the global selloff sparked by the decline of the Turkish lira. Japan’s Nikkei 225 led the way, rising 262.29 points, or 1.20%, to 22,119.72. The Hang Seng reversed early losses, edging up 0.01% to 27,938.32. […]

Iran offers discount oil to Asia

Iran offers discount oil to Asia

TEHRAN: Iran is selling oil and gas at a discount to Asian customers as it prepares for the return of US sanctions, state news agency IRNA reported on Monday (Aug 13). The “informed source” in Iran’s oil ministry did not give details of the discount, but sought to downplay the move as common industry practice. […]

Jho Low's private jet Malaysia's next target

Jho Low's private jet Malaysia's next target

SELANGOR: The Malaysian government is now eyeing to bring back a private jet belonging to fugitive businessman Low Taek Jho, or Jho Low, said Prime Minister Mahathir Mohamad at an event on Sunday (Aug 12). When asked about reports that Putrajaya is bringing back the jet, Dr Mahathir said: “Yes, I think so. We have to bring […]

How many more will have to die as Asia gets hotter?

How many more will have to die as Asia gets hotter?

Record-breaking temperatures, devastating floods, raging bush fires and thousands of deaths. And this might just be the beginning. With Hong Kong and much of Asia experiencing unusually hot temperatures in the past few months, scientists have warned that heatwaves will become more frequent and more lethal. “Climate change has played an important role in the […]

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