PMN Business

SHANGHAI -- China's new live hog futures contract fell at the open in its trading debut on Friday morning on the Dalian Commodity Exchange. Read More

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Bitcoin slides more than 5% after topping $40,000 for first time

TOKYO -- Bitcoin fell more than 5% on Friday, a day after topping $40,000 for the first time. Read More

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Hacking victim SolarWinds hires ex-Homeland Security official Krebs as consultant

SAN FRANCISCO -- The company used by hackers as a springboard for the worst-known breach of U.S. government computers in at least five years has hired some of the biggest names in security to help it recover. Read More

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London copper set for biggest weekly gain in 6 months on stimulus hope

HANOI -- London copper prices on Friday were set for their biggest weekly rise since July last year, on hopes for more stimulus from the United States. Read More

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Plan for Tokyo state of emergency moves forward as COVID-19 cases surge

TOKYO -- An advisory panel approved on Thursday the Japanese government's plan for a one-month state of emergency, beginning Friday, for Tokyo and three neighboring prefectures in a bid to contain a surge in new coronavirus cases, now running at record levels. Read More

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Blog / PMN Business / PMN Economy / REU

Stocks ride higher on Democrat Senate win, dollar founders

SINGAPORE/NEW YORK -- Bonds nursed losses and Asian stock markets rose on Thursday in anticipation of a big borrowing and big spending Democrat administration driving growth, following runoff elections that gave the party control of both houses of U.S. Congress. Read More

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Fujifilm says will invest $2 bln in new large-scale cell culture production site in U.S.

TOKYO -- Fujifilm Holdings Corp said on Wednesday it will invest $2 billion to establish new large-scale cell culture production site in the United States. Read More

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Twitter, Facebook freeze Trump accounts as tech giants respond to storming of U.S. capitol

Twitter Inc and Facebook Inc on Wednesday temporarily locked the accounts of U.S. President Donald Trump, as tech giants scrambled to crack down on his baseless claims about the U.S. presidential elections amid riots in the capital. Read More

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Corn eases from 6-1/2-year high, S.America supply concerns limit losses

CANBERRA -- U.S. corn futures eased on Thursday on a profit-taking setback after hitting their highest level in more than six years in the previous session, though losses were limited as dry growing conditions in South America stoked concerns about global supply. Read More

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Over 50 Hong Kong activists arrested under security law as crackdown intensifies -media

January 6, 2021

HONG KONG -- Over 50 Hong Kong pro-democracy activists were arrested on Wednesday on suspicion of violating the city's national security law, local media reported, in the biggest crackdown yet against the opposition camp under the contentious new legislation. Read More