World-Business
Losses on Wall Street ripple through Asia; stocks slump
Singapore, Oct 11 (AP/UNB) — Asian markets were broadly lower on Thursday after Wall Street slumped on a heavy selling of technology and internet stocks.
Markets Right Now: US stock indexes end mostly lower
New York, Oct 10 (AP/UNB) — Stocks ended an up-and-down day mostly lower as losses in materials and industrial companies offset gains elsewhere in the market.
World stocks mixed after IMF trims economic outlook
Singapore, Oct 9 (AP/UNB) — European and Asian markets are mixed after the International Monetary Fund lowered its outlook for the world economy, citing the impact of rising interest rates and trade tensions.
IMF downgrades outlook for world economy to 3.7 pct. growth
Washington, Oct 9 (AP/UNB) — The International Monetary Fund is downgrading its outlook for the world economy, citing rising interest rates and growing tensions over trade.
NPLs impacting capital adequacy of banking sector: ICCB
Dhaka, Oct 8 (UNB) - International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman has said non-performing loans (NPL) are impacting capital adequacy of the banking sector.
Californians weigh making egg-laying hens cage-free by 2022
San Francisco, Oct 7 (AP/UNB) — California voters are right to think they already weighed in on how big cages should be for egg-laying hens.
Brexit deal getting closer, European Commission chief says
London, Oct 6 (AP/UNB) — The chances of Britain and the European Union striking a Brexit deal on their divorce are rising, one of the bloc's leaders said, amid reports the two sides are moving closer on the fraught issue of the Irish border.
Asian stocks fall as US accuses China of election meddling
Singapore, Oct 5 (AP/UNB) — Asian markets were mostly lower on Friday after U.S. Vice President Mike Pence claimed China had meddled with its midterm elections to unsettle the Trump administration, which Beijing has denied.
European shares track Asia's decline after Treasurys surge
Bangkok, Oct 4 (AP/UNB) — European shares followed Asian markets lower Thursday after yields on U.S. Treasury bonds surged to multi-year highs as U.S. central bank officials expressed confidence in the staying power of the current expansion.
Toyota, SoftBank setting up mobility services joint venture
Tokyo, Oct 4 (AP/UNB) — Japan's No. 1 automaker Toyota Motor Corp. and technology giant SoftBank Group Corp. are setting up a joint venture to create mobility services in what they called a "united Japan" effort to face global competition.