Home | Business (page 4)

Business

Asian markets slump after Fed hikes rates

WT24 Desk HONG KONG – Asian markets slumped Thursday, tracking big losses on Wall Street after the Fed defied unprecedented pressure from Donald Trump and raised interest rates, sparking fears the move could choke economic growth, AFP reports. The Dow slid to its ...

Read More »

Softbank phone shares flop on debut

WT24 Desk The mobile phone unit of Japanese tech giant Softbank had a disappointing debut on the Tokyo stock market, BBC reports. The firm raised as much as 2.6 trillion yen ($23bn; £18bn) by selling shares at 1,500 yen each ...

Read More »