MOST Asian currencies posted weekly losses on Friday, as investors weighed shaky recovery in the world’s second-largest economy and dwindling prospects of early interest rate cuts in the United States. The Thai baht traded flat on Friday, but was down about 1.8% for the week in what could be its …

PARIS: Birkin bag maker Hermes said it will raise prices again this year after sales jumped 17.5% in the fourth quarter of 2023, demonstrating the resilience of high end shoppers despite economic headwinds. Sales for the three months to the end of December totalled 3.36 billion euros ($3.62 billion), up …

SINGAPORE: Oil prices were little changed on Friday, staying on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent crude futures slipped 11 cents, or 0.1%, to $81.52 a barrel by 0707 GMT, while U.S. West Texas Intermediate crude …

SINGAPORE: Japanese shares hit 34-year highs on Friday as world stocks eyed a third week of gains, while adjustments to interest rate expectations sent the yen to a two-month low and the Australian and New Zealand dollars in opposite directions. In China, mainland markets were closed and Hong Kong traded …

WASHINGTON (Reuters) -Calls made with AI-generated voices are illegal, the Federal Communications Commission said on Thursday, after a fake robocall imitating President Joe Biden sought to dissuade people from voting for him in New Hampshire’s Democratic primary election. The declaratory ruling gives state attorneys general new tools to go after …

KUALA LUMPUR: Revenue Group Bhd, a payment solutions provider, and NSS IT Solution Sdn Bhd is poised to reinforce the significance of technology-driven partnerships in revolutionising transit payments via Keretapi Tanah Melayu Bhd (KTMB) open payment system. In a joint statement today, Revenue Group and NSS IT Solution said the …

(Reuters) – Pinterest forecast first-quarter revenue largely below Wall Street estimates on Thursday, a sign that it faces tough competition from larger social media players even as the digital advertising market stabilizes. However, shares of the San Francisco, California-based company, which were down more than 9%, pared losses in extended …

Caitlin Clark wasn’t the leading scorer, but No. 2 Iowa still won comfortably by a score of 111-93 over Penn State on Thursday night in Iowa City, thanks to a career-high 47 points from Hannah Stuelke. Stuelke shot 17-for-20 from the floor and had nine rebounds for the Hawkeyes (22-2, …

PETALING JAYA: The court’s verdict on Friday (Feb 9) has nothing to do with the doctrine of Islam but rather it is about harmonising the laws between both Shariah and civil courts, says lawyer Nik Elin Zurina Nik Abdul Rashid. She also said that she was hopeful that state assemblies …

TOKYO: The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest rates, the IMF said on Friday, as markets ramp up bets on a near-term turn in the central bank’s ultra-easy policy. As Japan’s economy continues to recover, domestic …