SINGAPORE : Japanese markets were reeling on Friday, with the Nikkei heading for its biggest weekly drop since October, bonds battered and the yen surging toward its largest weekly gain for five months as investors rushed out of bets on Japanese rates staying low. Beyond Japan MSCI’s broadest index of […]
Day: December 7, 2023
LOS ANGELES: Hunter Biden was indicted late yesterday on multiple counts of tax evasion, the second time this year President Joe Biden’s troubled son has been charged by a special counsel investigating his personal and business dealings. Hunter Biden “engaged in a four-year scheme to not pay at least US$1.4 […]
WASHINGTON: The United States has not given Israel a firm deadline to end major combat operations against Hamas in Gaza, and if the war ended now, the Islamist group would continue to pose a threat, White House national security aide Jon Finer said yesterday. “We have not given a firm […]
HONG KONG : Shares in Chinese property developer Shimao Group were flat on Friday after it issued a restructuring plan to reduce up to $7 billion in offshore debt, becoming the latest developer in China to try to revamp its debt. The developer, with around $11.7 billion in offshore notes, […]