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Sunday 22

October, 2017 2:02 PM


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BREAKING NEWS

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  • Tokyo's Nikkei index posts record winning streak

    Tokyo's benchmark stock index closed higher Friday, posting its longest winning streak in nearly six decades, while Nissan dropped on a production suspension.

  • End of Australia auto-making sector as Holden closes doors

    The last car rolled off the production line of Australian automaker Holden on Friday, marking the demise of a national industry unable to stand up to global competition.

  • Japan's recovery not felt at street level

    Like every day for the past 40 years, Kunihiko Kato dusts down the shelves at his electrical goods shop and meticulously lays out his selection of batteries.

  • Asia markets extend gains, dollar boosted by Trump tax hopes

    Asian markets edged up Friday and the dollar rallied on hopes for Donald Trump's tax cut plans but there is a sense of caution that the rally may have run its course as equities sit at multi-year highs.

  • Hong Kong stocks bounce almost one percent by break

    Hong Kong stocks ended Friday morning nearly one percent higher, almost halving the previous day's sharp losses, with traders boosted by hopes for Donald Trump's tax-cut plans.

  • Hong Kong stocks bounce in early trade

    Hong Kong stocks on Friday recovered some of the previous day's losses in the first few minutes of trade but Shanghai extended losses that came after data showing a slight easing in Chinese economic growth.

  • Dutch family sells everything to bet on bitcoins

    A Dutch family has sold virtually all they own, including a business, their home, two cars and a motorbike and invested the takings in bitcoin just as the virtual currency is soaring to new heights.

  • BP says chairman to step down

    British energy major BP said Thursday that chairman Carl-Henric Svanberg has decided to step down after a spell of almost eight years which included the devastating Gulf of Mexico oil spill disaster.

  • Tokyo stocks open lower, Nissan under pressure

    Tokyo stocks opened lower Friday on profit-taking after the benchmark index posted its longest string of gains in nearly 30 years, while Nissan dropped as it unveiled plans to suspend production amid an inspection scandal.

  • US Senate takes first vote towards tax reform

    The US Senate will vote Thursday to begin major fiscal reforms based on a sharp drop in taxes sought by Republicans and President Donald Trump, who is trying to salvage his troubled legislative agenda.

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