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19879 articles published since 08 Mar 2022

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PSG in the race to buy Stade de France
PSG in the race to buy Stade de France
Business and Economy

French champions Paris Saint-Germain on Friday confirmed it is in the race to buy the Stade de France, the centre piece for next summer's Olympics. "We are candidates for the Stade de France," a PSG source said, confirming a report in the French sports daily L'Equipe, adding that it had not yet put in its bid.

US job growth beats expectations in February as economy still hot
US job growth beats expectations in February as economy still hot
Business and Economy

The United States added more jobs than expected in February -- though fewer than the previous month, government data showed Friday, suggesting policymakers have more to do to cool down the world's biggest economy The numbers -- which saw the unemployment rate tick up -- bring slight relief after a surprise hiring surge in January, but also suggest the economy remains hotter than hoped.

Belgian government bans TikTok on official phones
Belgian government bans TikTok on official phones
Business and Economy

Belgian Prime Minister Alexander De Croo on Friday banned federal officials from using TikTok on their work phones, making his the latest country to take steps against the Chinese app. "We shouldn't be naive: TikTok is a Chinese business that is currently obliged to cooperate with the Chinese intelligence services," De Croo said.

Global bank shares sink over US fears
Global bank shares sink over US fears
Business and Economy

The world's biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender sparked concerns over the wider sector. Deutsche Bank was among the biggest losers on Friday as its shares fell by almost 10 percent after Frankfurt's stock market opened, recovering somewhat later to trade around seven percent lower.

Shares in Chinese developer Kaisa plunge as trading resumes
Shares in Chinese developer Kaisa plunge as trading resumes
Business and Economy

Debt-laden Chinese property developer Kaisa's share price hit a record low on Friday as trading resumed following an 11-month trading halt, with the company saying it is in negotiations with creditors. Shares fell as much as 41 percent to a record low of HK$0.5 (about six US cents) on Friday morning, after the trading halt was lifted as a result of the data release.

Bank of Japan leaves policy unchanged as Kuroda bows out
Bank of Japan leaves policy unchanged as Kuroda bows out
Business and Economy

Japan's central bank left its ultra-easy monetary policy unchanged in its last meeting before Governor Haruhiko Kuroda steps down and is replaced by economics professor Kazuo Ueda. Kuroda, 78, will step down at the end of his second term on April 8, after a tenure -- the longest-ever for a Bank of Japan chief -- defined by his signature "bazooka" easy-money policies.

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