Business

Business

World stocks post best week in two years, dollar climbs

The dollar rose and stocks around the globe rallied for a sixth straight session on Friday to post their best…

6 Min Read

Suspected Austria bitcoin fraud sparks Europe-wide probe

Authorities investigating a suspected bitcoin-related scam centred in Austria have asked Interpol to help determine whether there might be perpetrators…

3 Min Read

Dollar weakens despite rise in interest rate expectations

The US dollar fell on Wednesday despite a report of stronger-than-expected inflation data and an increase in interest-rate expectations, raising…

4 Min Read

India explores ‘cheap power’ sales to neighbours

India is exploring selling “cheap power” to its South Asian neighbours and Myanmar on a long-term basis and wants state…

2 Min Read

German court rules Facebook’s use of personal data illegal

A German consumer rights group said on Monday that a court had found Facebook’s use of personal data to be…

4 Min Read

IMF chief urges Arab states to slash spending

IMF chief Christine Lagarde on Saturday urged Arab countries to slash public wages and subsidies in order to rein in…

3 Min Read

Bangladesh to sue Manila bank over $81-million heist

Bangladesh’s central bank will file a lawsuit against a Philippines bank over its role in one of the world’s biggest…

3 Min Read

Asian markets plunge as Wall Street rout spreads

Asian stocks plunged Tuesday after a record-breaking loss on Wall Street, extending a global rout as panicked investors fret over…

5 Min Read

Samsung scion Lee walks free after jail term suspended, faces leadership challenges

Samsung Group heir Jay Y. Lee left a South Korean jail a free man on Monday after a panel of…

6 Min Read