AFP Asia Business

France must take “credible” steps to tackle its high deficit, its new finance minister said Thursday, shortly before a major credit ratings agency gives its verdict on the country’s sovereign debt.Antoine Armand spoke to AFP on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank in Washington ahead of …

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Germany promised to dramatically boost the number of skilled Indians it permits to work in the country as Prime Minister Narendra Modi hosted Chancellor Olaf Scholz in New Delhi on Friday.The German leader is on his third visit to India since last year, bringing several cabinet ministers for discussions between the leaders of the world’s …

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Global stock markets diverged on Friday in a quiet end to a week’s trading dominated by earnings updates.Wall Street’s main indices rose at the opening bell, with a dip in the yield on US government bonds helping give equities a boost.Focus this week has been on earnings as major companies worldwide report on their third-quarter …

Stock markets diverge in steady end to week Read More »

Japanese shares ended down on Friday but Chinese markets gained in disjointed Asian trade, after Wall Street cheered strong results from electric car giant Tesla.US futures were holding steady after Elon Musk’s company surged nearly 22 percent on the back of higher earnings following a streak of disappointing results, helping to lift the Nasdaq and …

Asia markets diverge after Tesla boosts Wall Street Read More »