
AFP
19537 articles published since 08 Mar 2022
19537 articles published since 08 Mar 2022
A global bond selloff extended into Asia on Wednesday with yields in Japan hitting record levels, while gold reached a new peak as investors fret about public finances in countries from Japan to the United States. The selloff in Japanese debt mirrors widespread moves in the United States and Europe, with investors spooked over substantial piles of government debt globally.
Nearly 600 economists have signed an open letter expressing support for Federal Reserve Governor Lisa Cook and US central bank independence, as Cook battles President Donald Trump's attempt to fire her.
President Donald Trump's administration has revoked Taiwanese semiconductor giant TSMC's authorization to export US chipmaking equipment to China without a license, further restricting access to US technology in the country.
A US judge on Tuesday rejected the government's demand that Google sell its Chrome web browser as part of a major antitrust case but imposed sweeping requirements to restore competition in online search. The US currently has five pending antitrust cases against major technology companies.
US President Donald Trump said Tuesday that he plans to seek a swift ruling from the Supreme Court as his administration pushes to overturn a court decision that found many of his tariffs illegal. If these tariffs are ultimately ruled illegal, companies could potentially seek reimbursements. bys/bjt
Nestle's sudden sacking of its chief executive over an office relationship gives the Swiss food giant a chance to reset and return to its strengths, industry analysts said Tuesday. "But in a positive scenario it could accelerate Nestle's return to its strengths," he said.
Chloe Malle will follow Anna Wintour as editor of Vogue, the magazine said Tuesday, resolving an intrigue that has gripped fashion and journalism circles for months. - Wintour 'down the hall' - "Chloe Malle is Head of Editorial Content for American Vogue, effective immediately," Vogue said on its website.
Record spending of £3 billion ($4 billion) during the summer transfer window further cements the Premier League as the "most competitive in world football", according to financial experts Deloitte.
Government gestures to calm deadly protests in Indonesia have done little to address the economic inequality and hardship fuelling the unrest, leaving deep resentment to linger and flare up again, experts say. Such conditions mean many Indonesians will still feel the economic pain in the coming months, leaving the door open for fresh protests.
AFP
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