Economics

Investors turn to crypto funds companies as Russia-Ukraine crisis escalates

New York: Global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believe could withstand…

Russia Will Be Militarily Economically Politically Weak: US Official

Russia will emerge from the conflict in Ukraine weaker and more isolated, a senior Pentagon official said on Thursday.

"I think with a high…

Asian stocks rise as US bonds tumble on hawkish signals from Fed

Bonds were under pressure Tuesday from Federal Reserve Chair Jerome Powell’s more hawkish tone on monetary policy. U.S. and European equity futures…

China Eastern crash adds to Boeings woes in Chinese market

The deadly crash of a Boeing 737-800 in southern China threatens to derail the aircraft maker’s efforts to rebuild confidence in the world’s…

Indifference to Ukrainian suffering could prove costly for Israel

Since the start of Russia’s all-out invasion of Ukraine, many Israelis have been passionately protesting against the aggression, and demanding…

Asian shares retreat as oil climbs back above $100

BANGKOK -- Shares were mostly lower in Asia on Friday after Wall Street extended a rally into a third day and oil prices pushed higher, surpassing…

Chinas President Xi Jinping vows to minimize the economic impact of Covid spike

As Covid makes a resurgence in China, the country's leader signaled that his focus this time around is on containing the collateral…

Yuan jumps after report Saudis consider its use in oil deals

The Chinese yuan reversed earlier declines and jumped toward its highs of the day following a report by Dow Jones that Saudi Arabia is in active talks…