Business

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May 13, 2021

Global stock markets sink as inflation worries mount

Global stock markets have fallen for a second day, following Wall Street lower as worries about inflation mount

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May 12, 2021

Japan's SoftBank returns to profit on global stock boom

Japanese technology conglomerate SoftBank Group Corp. says it returned to profitability in the fiscal year that ended in March, boosted by the strong performance of its sprawling investments as stock prices surged

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May 12, 2021

American tells Japan court he worked for Nissan's interests

Greg Kelly, an American lawyer on trial in Japan on charges related to former Nissan Chairman Carlos Ghosn’s compensation, has asserted his innocence, testifying he acted legally and in Nissan's best interests

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May 10, 2021

Asian shares rise on US rally, jobs data signaling low rates

Asian shares opened the week higher, cheered by a rally on Wall Street as a grim jobs report signaled to investors that interest rates will likely stay low

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May 9, 2021

China says most rocket debris burned up during reentry

China’s space agency says a core segment of its biggest rocket has reentered Earth’s atmosphere in the Indian Ocean above the Maldives

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May 7, 2021

Taiwan rations water, drills extra wells amid record drought

Some homes in Taiwan are going without running water two days a week after a drought dried up reservoirs and popular tourist lakes

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May 7, 2021

Packed trains, drinking: Japanese impatient over virus steps

Trains packed with commuters returning to work after a weeklong national holiday

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May 7, 2021

China trade surges as global demand recovers from pandemic

China’s trade with the United States and the rest of the world surged by double digits in April as consumer demand recovered, but growth appeared to be slowing

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May 7, 2021

Asian indexes rise after US rally; investors await jobs data

Asian shares are rising on optimism about the rally on Wall Street and an economic rebound in the U.S., as investors await the release of U.S. jobs data

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May 6, 2021

Global stocks mixed amid tenuous hopes for pandemic recovery

Global shares are mixed on cautious optimism that upcoming company earnings reports will reflect a gradual recovery from the damage of the pandemic