AFP Asia Business
Markets extend global rally as Trump-Xi talks boost sentiment
Most Asian markets rose Monday following a rally on Wall Street and a record-breaking day in Europe, with sentiment boosted by positive talks between Donald Trump and Chinese President Xi Jinping that soothed worries about the incoming US leader’s second term.A sense of caution has permeated trading floors ahead of the tycoon’s inauguration later in …
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TikTok restores service in US, thanking Trump
TikTok restored service in the United States Sunday after briefly going dark, as a law banning the wildly popular app on national security grounds came into effect.The video-sharing platform credited President-elect Donald Trump, who retakes power on Monday, for making the reversal possible — though the outgoing administration of President Joe Biden had earlier said …
Asian markets track Wall St and Europe rally after Trump-Xi talks
Most Asian markets rose Monday following a rally on Wall Street and a record-breaking day in Europe, with sentiment boosted by positive talks between Donald Trump and Chinese President Xi Jinping that soothed worries about the incoming US leader’s second term.A sense of caution has permeated trading floors ahead of the tycoon’s inauguration later in …
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Indonesia launches international carbon exchange
Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals.The move opens the way for foreign investors to enter a market launched in September 2023 for domestic players.Carbon credits are generated by activities that avoid or reduce emissions of carbon dioxide — a potent …
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