Business News

HONG KONG (Reuters) — Asian shares held onto their recent gains on Wednesday after last week’s pummeling, as global equities rebounded, though the focus for most asset classes was the U.S. Federal Reserve’s annual symposium on Friday. MSCI’s broadest index of Asia-Pacific shares o…

SEOUL (Reuters) —  When South Korea announced new lending curbs last month, Joe Park, a 34-year-old grocery chain purchasing manager, scrambled to borrow more money before the tighter rules took effect. After his loan broker said no, he sought alternative financing including much costlier credit ca…

NEW YORK (Reuters) — Retailers from Macy’s Inc to Target Corp, keen to see the apparel sales momentum of the second quarter keep going, are stocking shelves not just with clothing for the office and school, but for a return to Zoom calls as Covid-19 infections surge in the United States. Reta…

NEW YORK (Reuters) — McDonald’s Corp is promoting its U.S. marketing chief as the burger chain seeks to push growth to younger customers through digital sales. Morgan Flatley, who helped launch McDonald’s “Famous Orders” campaign with pop stars including South Korean boy ban…

(Reuters) — Canada’s e-commerce giant Shopify Inc said on Tuesday it was partnering with TikTok to work on a feature that would let shoppers buy directly from the social media app. Shopify merchants who have a TikTok business account would soon be able to add a shopping tab to their profiles …

(Press Release) — Thanks to sponsorship through  Northern Marianas College, the “CNMI Small Business Side Hustle” Covid-19 Training Series will be available to participants in the CNMI free of charge. These trainings aim to help entrepreneurs and new business owners in the CNMI better u…

LONDON (Reuters) — Bitcoin’s price surged past $50,000 on Monday for the first time since May, continuing its rebound from a months-long slump. The world’s largest cryptocurrency rose to $50,341, as investors bet that the prospect of more U.S. stimulus spending would lead to further gai…

WASHINGTON (Reuters) — New U.S. state-level data and accompanying studies show a group of largely Republican governors did not yet get the job boom they hoped for by cutting federal unemployment benefits this summer, but the loss of the stipend did appear to prompt some of the unemployed to take jo…

MOSCOW (Reuters) — Moscow pledged retaliatory measures after a new set of sanctions imposed by the United States on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, Russia’s foreign ministry said in a statement on Saturday. The $11 billion project, which will doubl…

THE CNMI Governor’s Council of Economic Advisers on Saturday celebrated the one-year anniversary of its Public-Private Partnership program, along with its various government, private sector, and community partners. Celebrations began with an island-wide cleanup of multiple sites across Saipan, then…