Business and Economy

Business and Economy Latest News

Taiwan's antique jade dealers see trade losing lustre
Taiwan's antique jade dealers see trade losing lustre
by  AFP

Tracing a palm-sized jade pig resting on its haunches, an antique trader in Taiwan said the ears on the nearly 400-year-old piece are a marker of its authenticity. "The folds in the pig's ears show the handiwork, the ancient handicraft" of the Ming dynasty (1368-1644), said the 60-year-old trader, who would only provide his last name as Lee.

China developer Evergrande files for bankruptcy protection
China developer Evergrande files for bankruptcy protection
by  AFP

Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its US assets while it attempts to restructure. The latest court documents referenced restructuring proceedings in Hong Kong.

Why a surprisingly strong US economy is pushing up bond yields
Why a surprisingly strong US economy is pushing up bond yields
by  AFP

Yields on the 10-year US government bond are flirting with a 15-year high this week, amid growing fears that strong growth and low unemployment could keep interest rates higher for longer. Economic growth in the second quarter beat expectations due in large part to resilient consumer spending, while the unemployment rate has remained close to historic lows.

Energy

Money

Industry

Technology

Economy