AFP Asia Business
Negotiators seek to break COP29 impasse after G20 ‘marching orders’
Negotiators sought Tuesday to break a deadlock at UN climate talks after G20 leaders backed the need for “trillions” of dollars for poorer countries but left key sticking points unresolved.Ministers at the COP29 conference in Azerbaijan had been eagerly waiting for the G20 meeting in Rio de Janeiro to issue a declaration that might jump-start …
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Markets rally after US bounce as Nvidia comes into focus
Markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of tech giant Nvidia’s earnings, while traders also kept tabs on Donald Trump’s picks for his new administration.Hong Kong and Shanghai were among the better performers in early action on hopes that China will unveil more stimulus …
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Crisis-hit Thyssenkrupp books another hefty annual loss
German industrial giant Thyssenkrupp reported Tuesday a massive annual loss for the second year running, as it battles challenges including a crisis in its historic steel division.The conglomerate, whose products range from steel to submarines, booked a loss of 1.5 billion euros ($1.6 billion) for the 2023-24 financial year, after a loss of over two …
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Asian markets rally after US bounce as Nvidia comes into focus
Asian markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of tech giant Nvidia’s earnings, while traders also kept tabs on Donald Trump’s picks for his new administration.Hong Kong and Shanghai were among the better performers in early action on hopes that China will unveil more …
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