World Economic Magazine

HK tycoon Jimmy Lai’s Next Digital to stop operating from July 1 -memo

Hong Kong media group Next Digital (0282.HK), owned by jailed tycoon Jimmy Lai, will cease operating from July 1 after…

5 years ago

EXCLUSIVE Energy trader Mercuria posts record profit for volatile 2020

Mercuria Energy Group had a boom year in 2020, buoyed by the extreme volatility seen in oil markets caused by…

5 years ago

International tourism not seen rebounding until 2023 – UN report

International tourism arrivals are set to stagnate this year, except in some Western markets, causing up to $2.4 trillion in…

5 years ago

European shares fall on inflation, pandemic woes

European shares fell on Wednesday as worries about rising inflation and the Delta variant of the novel coronavirus hit economically…

5 years ago

China manufacturing slows as supply shortages roil Asia industry

Growth in China's June factory activity dipped to a four-month low on higher raw material costs, a shortage of semiconductors…

5 years ago

Australian watchdog suspects insider trader at tech firm Nuix

Australia's corporate regulator is investigating Macquarie-backed software provider Nuix (NXL.AX) over suspicious revenue forecasts in its prospectus, as well as…

5 years ago

Chinese EV Maker Xpeng to raise $1.8 bln in Hong Kong listing

Chinese smart electric vehicle maker Xpeng Inc said it would raise $1.8 billion to expand its product line-up and develop…

5 years ago

Asian shares rise after consumer confidence boosts Nasdaq to record high

Asian shares rose and a gauge of global equities hovered near record highs on Wednesday after rising consumer confidence in…

5 years ago

Australian regulator seeks feedback on managing ‘risky’ crypto assets

Australia's securities regulator said on Wednesday it would consult market participants on proposals to identify appropriate crypto assets and set…

5 years ago

Dollar drives higher as traders look to Fed clues from U.S. jobs data

The dollar clung to recent gains on Wednesday as virus woes raised concerns in a market already on edge ahead…

5 years ago