president

Tencent hands shareholders $16.4 bln windfall in the form of JD.com stake

Chinese gaming and social media company Tencent (0700.HK) will pay out a $16.4 billion dividend by distributing most of its JD.com (9618.HK) stake, weakening…

4 years ago

Turkish business group calls for an end to Erdogan’s low-rates policy

Turkey's largest business group urged President Tayyip Erdogan's government on Saturday to abandon a monetary policy based on low rates…

4 years ago

China’s Alibaba pledges carbon neutrality by 2030

Alibaba Group (9988.HK) will aim to achieve carbon neutrality in its own operations and slash emissions across its supply chains and transportation…

4 years ago

SenseTime plans Hong Kong IPO relaunch Monday, sources say

Chinese artificial intelligence startup SenseTime Group (0020.HK) plans to keep its Hong Kong initial public offering (IPO) at $767 million as it…

4 years ago

Japan joins Israel in barring foreigners as Omicron worries spread

Japan said on Monday it would close its borders to foreigners, as the world's third-largest economy joined Israel in taking…

4 years ago

Leadership shake-up to test Mexican central bank as inflation soars

Mexican President Andres Manuel Lopez Obrador's surprise shakeup of the nomination process for the Bank of Mexico's (Banxico) next chief…

4 years ago

Analysis: Amid Bukele’s bitcoin hype, not all Salvadorans ‘Feel the Bit’

El Salvador's President Nayib Bukele took the stage last weekend at the end of "Bitcoin Week" to the cheers of…

4 years ago

U.S. marshals other nations, challenges OPEC+ with release of oil reserves

The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic…

4 years ago

Asia sits out equities rally as Alibaba slides

Asian shares sat out a global rally on Friday as disappointing earnings from Chinese e-commerce giant Alibaba reinforced worry about…

4 years ago

Analysis: Pandemic debt adds to challenge of funding world’s climate goals

Huge spending by governments kept the world economy afloat during the pandemic as officials mobilized a fiscal response not seen…

4 years ago