AFP Asia Business
Hong Kong airport third runway takes off
Hong Kong started flight operations on its third runway on Thursday, with officials saying it will keep the city’s airport competitive as an aviation hub despite its lagging post-pandemic recovery. Hong Kong International Airport is still among the busiest airports in the world, but flights are not yet back to pre-Covid levels and it has fallen …
Markets mixed after subdued pre-holiday shift on Wall St
Equity markets diverged Thursday as investors brushed off a negative lead from Wall Street while welcoming a drop in Treasury yields and data showing US inflation was holding steady.With the United States heading into the Thanksgiving holiday, business in New York was subdued after a flurry of activity since Donald Trump’s election win at the …
Markets mixed after subdued pre-holiday shift on Wall St Read More »
Asian markets mixed after subdued pre-holiday shift on Wall St
Asian markets diverged Thursday as investors brushed off a negative lead from Wall Street while welcoming a drop in Treasury yields and data showing US inflation was holding steady.With the United States heading into the Thanksgiving holiday, business in New York was subdued after a flurry of activity since Donald Trump’s election win at the …
Asian markets mixed after subdued pre-holiday shift on Wall St Read More »
Primark boss defends practices as budget fashion brand eyes expansion
Ireland-based budget fashion chain Primark has been criticised for its record on workers’ rights and the effect of its low-cost, high-volume model on the environment.But its chief executive Paul Marchant does not agree. “I don’t buy the story that we can’t be ethical buying from Asia,” he told AFP in an interview in Dublin.In the …
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‘Retaliate’: Trump tariff talk spurs global jitters, preparations
Donald Trump’s tariff threats have rattled foreign businesses and governments, with many fearing it could signal the opening salvo of an all-out trade war when he returns to the White House next year.The president-elect on Monday placed both allies and rivals on notice, vowing to quickly slap an across-the-board tariff of 25 percent on Canada …
‘Retaliate’: Trump tariff talk spurs global jitters, preparations Read More »