US President Joe Biden on Monday nominated Federal Reserve chair Jerome Powell for a second four-year term. That needs to be confirmed by the Senate, but both parties have voiced support.
Group, which owns a $175 billion minority stake in Tencent, posted an 8% rise in first-half trading profit to $2.9bn as revenue rose rapidly in its overall portfolio
Factory output across Malaysia, Vietnam and other nations bounced back in the past month as Covid-19 infections declined and production limits were raised
The city is being planned in the east of the Central American country and would get its energy supply from a volcano
This would be the first time for Japan to release oil reserves to lower crude prices, although it has tapped such reserves during natural disasters and geopolitical risks overseas
US intelligence agencies came across suspicious construction activity at a port near Abu Dhabi, the capital of one of the US's closest allies in the Middle East, earlier this year
Katherine Tai said the trade arrangement would involve US allies and friends. Commerce Secretary Gina Raimondo said the framework would be flexible and Congress would not be involved
The company is looking to launch its scooters in Europe, the UK, Australia, New Zealand and Southeast Asia next year
A coordinated release of oil reserves may present an unprecedented challenge to OPEC because it involves also China, the biggest importer of crude
Dispute centres on how bank re-priced warrants as a result of founder's claim that he was considering taking the electric carmaker private
India, backed by China and other coal-dependent developing nations, rejected a clause calling for a 'phase out' of coal-fired power, and the text was changed to 'phase down' at the UN climate talks
Values of Asian equities dropped to a 17-month low at the end of October on concerns over China's weakening economy and pandemic related factors