MANCHESTER: While Manchester United’s involvement in European competition came to a crashing end yesterday with their 1-0 loss to Bayern Munich, embattled manager Erik ten Hag said his team can now focus on improving their disappointing Premier League position. The three-time European champions needed both to beat Bayern in their […]
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SEOUL : South Korea will provide 38 trillion won ($29 billion) in financing to strengthen its battery industry over the next five years, as global competition to secure battery supply chains remains fierce, the government said on Wednesday. South Korean battery firms like LG Energy Solution, Samsung SDI and SK […]
BEIJING : Oil prices consolidated losses on Wednesday in Asian trade, after falling by more than 3 per cent to six-month lows in the previous session on oversupply and demand concerns. Brent crude futures for February inched down 1 cent to $73.23 a barrel by 0207 GMT. U.S. West Texas […]
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 […]
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 […]
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, […]
BEIJING : Declines in China’s exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in the world’s second-largest economy may be finding their footing after a bruising slump in demand. Outbound shipments from China are expected to show a 1.1 per cent drop in […]
“I saw the tunnel. I didn’t see the light,” he said during his acceptance speech, noting that his medical condition was life-threatening. Actor Jamie Foxx made his first public appearance on Monday (Dec 4) after suffering an undisclosed health scare in April and he said that six months ago he […]
MANILA: Philippine forces were on high alert on today after a bomb killed four people and wounded several during a Catholic mass in a university gymnasium in the south of the country, an attack the authorities called Islamist terrorism. “I condemn in the strongest possible terms the senseless and most […]
SHENZHEN: Toyota Motor has halted production on some ageing lines at a joint venture in China while operations continue as normal, the Japanese automaker said on Saturday (Dec 2) after a media report that it was partially suspending production due to weak sales. The production halt at the Tianjin venture […]