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19879 articles published since 08 Mar 2022

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Japan's 2022 trade deficit hits record on energy costs
Japan's 2022 trade deficit hits record on energy costs
Business and Economy

Japan logged its largest ever annual trade deficit last year, with the soaring price of energy and raw materials compounded by the dramatic fall of the yen. Driven down by the gap in monetary policy between Japan and other countries, the weaker yen inflated profits for exporters but ramped up the price of imports like energy.

Microsoft to axe 10,000 jobs as tech gloom deepens
Microsoft to axe 10,000 jobs as tech gloom deepens
Business and Economy

Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants. The wave of firings in the tech sector have been rewarded by the stock market that had grown increasingly concerned about overspending by the US tech giants.

Trump presses Facebook to restore his account
Trump presses Facebook to restore his account
Business and Economy

Former US president Donald Trump is urging Facebook to reinstate his account two years after it was deactivated, his aides said Wednesday, as he gears up for a third bid for the White House. New Twitter owner Elon Musk reinstated Trump's account last November, days after the tycoon announced his decision to run for another term in the White House.

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