Asia Business

Canada said Wednesday it is shutting down TikTok’s offices in the country following a security review, but people will still be allowed to use the popular video-sharing app.”The government is taking action to address the specific national security risks related to ByteDance Ltd.’s operations in Canada,” Francois-Philippe Champagne, minister of innovation, science and industry, said …

Ottawa to shut TikTok’s Canada offices, says app can still be used Read More »

Ottawa said Wednesday it is shutting TikTok’s operations in Canada following a security review, but Canadians will still be allowed to use the popular video sharing app.”The government is taking action to address the specific national security risks related to ByteDance Ltd.’s operations in Canada,” Francois-Philippe Champagne, minister of innovation, science and industry, said in …

Ottawa to shut TikTok’s Canada operations, says app can still be used Read More »

Donald Trump’s election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies’ priorities. On the campaign trail, Trump repeatedly said he would “unleash” the US oil sector by boosting production and curbing the move …

‘Drill, baby, drill’: Trump policy poses risks, opportunities for oil industry Read More »

Wall Street rallied into record territory, the dollar soared and bitcoin scaled a new peak Wednesday as the world gears up for another Donald Trump presidency.The Republican candidate made a stunning political comeback as he defeated Vice President Kamala Harris to return to the White House, four years after losing it to Joe Biden.All three …

Wall Street smashes records, dollar soars as Trump wins Read More »

The dollar surged, stocks rallied and bitcoin struck a record high Wednesday as the world gears up for a Donald Trump presidency that analysts say could rekindle inflation.The Republican candidate made a stunning political comeback as he defeated Vice President Kamala Harris to return to the White House, four years after losing it to Joe …

Dollar soars, stocks rally as Trump wins US election Read More »

The dollar surged and bitcoin hit a record high Wednesday before Donald Trump claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs, and rising inflation.While polls had shown the race on a knife edge, the Republican fared far better than his Democratic opponent Vice President Kamala Harris as …

Dollar soars, bitcoin hits record, as Trump claims victory Read More »

The dollar surged and bitcoin hit a record high Wednesday as traders bet on a victory for Donald Trump as he picked up key swing states needed to take the White House, ramping up bets on fresh tax cuts, tariffs and rising inflation.While polls had shown the race on a knife edge, the Republican appeared …

Dollar soars, bitcoin hits record, stocks swing as Trump win seen Read More »

Japanese auto giant Toyota kept its annual net profit forecast unchanged on Wednesday, despite logging a 26 percent drop for the first half of this financial year.The world’s top-selling automaker said unit sales were hit by production cuts in its home market, related to a failure to fully comply with vehicle inspection standards.In April to …

Toyota maintains net profit forecast despite drop in first half Read More »

The dollar surged and bitcoin hit a record high Wednesday while most equity markets advanced as traders bet on a victory for Donald Trump as early results for the US presidential election rolled in.While polls have shown the race for the White House on a knife edge, the Republican appeared to be faring better than …

Dollar soars, bitcoin hits record, stocks gain as Trump win seen Read More »

The dollar surged and bitcoin hit a record high Wednesday while equity markets advanced as traders bet on a victory for Donald Trump as early results for the US presidential election rolled in.While polls have shown the race for the White House on a knife-edge, the Republican appeared to be faring better than his Democratic …

Dollar soars, bitcoin hits record and stocks rally as Trump win seen Read More »