Wednesday, July 1, 2015
Asian markets rebounded Tuesday after the previous day's rout fuelled by concerns about Greece's future in the eurozone while Shanghai surged at the end of a volatile day that saw wild swings.
Troubled Japanese electronics maker Sharp is in "selective default" ratings agency S&P said Tuesday, the latest blow to the one-time giant as it struggles to repair a tattered balance sheet.
The euro eased in Asian trade on Tuesday, hours before a debt repayment deadline that Greece is expected to miss, putting it in default and fanning fears it will crash out of the eurozone.
The U.S. Supreme Court on Monday rejected a request from British energy giant BP and its U.S. partner Anadarko to appeal massive compensation payouts stemming from the 2010 Gulf of Mexico oil spill.
European aerospace giant Airbus won a US$1.33 billion deal Tuesday to supply air refuelling tankers to South Korea, beating U.S. rival Boeing, a state agency said.
Oil prices dropped Monday, joining other global markets in retreat on the looming threat of a Greek debt default.
Disney is merging its consumer product and interactive divisions, a move that acknowledges the shared goals of important product lines like the Disney Infinity video game franchise and the upcoming line of wearable toys called Playmation.
Fried chicken aficionados lined up for hours at Myanmar's first KFC restaurant Tuesday, as the U.S. restaurant chain became the latest big foreign brand to open an outlet in the long-cloistered nation.
Tuesday, June 30, 2015
Envoys of governments that plan to join a mainland China-led Asian bank endorsed a structure Monday that gives Beijing the biggest voting stake at the start but no veto power.
A series of new policies are set for implementation this July, ranging from the widely talked about minimum wage increase to restrictions on smoking while riding a scooter or motorcycle, as well as bylaws to be enacted by local governments.