Latest Business News

Maldives president-elect says he's committed to removing the Indian military from the archipelago
MALE, Maldives (AP) — The president-elect of the Maldives said he will stick to his campaign promise to remove Indian military personnel stationed in the archipelago state, promising he would initiate the process. Mohamed Muiz told his supporters gathered Monday night at a...

Malaysians urged not to panic-buy local rice after import prices rise substantially
KUALA LUMPUR, Malaysia (AP) — Malaysia's government has reassured the country that enough rice is available and urged people not to hoard locally produced rice after recent panic-buying led to empty shelves in supermarkets and grocery stores nationwide. Agriculture and Food...

Stock market today: Asian markets sink, with Hong Kong down almost 3% on selling of property stocks
BANGKOK (AP) — Asian markets declined Tuesday following a mixed session on Wall Street, where buying was pressured by rising bond yields. U.S. futures fell and oil prices also were lower. Hong Kong’s Hang Seng dropped more than 3% as investors unloaded property...

How are ancient Roman and Mayan buildings still standing? Scientists are unlocking their secrets
NEW YORK (AP) — In the quest to build better for the future, some are looking for answers in the long-ago past. Ancient builders across the world created structures that are still standing today, thousands of years later — from Roman engineers who poured thick concrete sea...

Stock market today: Asian markets sink, with Hong Kong down 3% on heavy selling of property stocks
BANGKOK (AP) — Asian markets declined Tuesday following a mixed session on Wall Street, where buying was pressured by rising bond yields. U.S. futures fell and oil prices also were lower. Hong Kong’s Hang Seng dropped more than 3% as investors unloaded property...

Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried
NEW YORK (AP) — Sam Bankman-Fried, a tech wunderkind who once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency, faces the start of a criminal trial over allegations that he cheated thousands of customers. Jury selection begins...

China Evergrande soars after property developer's stocks resume trading
HONG KONG (AP) — Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up nearly 16% after jumping more than 60% early in the session. ...

Trump's civil fraud trial in New York to get down to business after fiery first day
NEW YORK (AP) — After a fiery first day of opening arguments, lawyers in Donald Trump's business fraud trial in New York will move on Tuesday to the more plodding task of going through years of his financial documents in what's expected to be a weekslong fight over whether they constitute proof...

Late-night shows return after writers strike as actors resume talks that could end their standoff
LOS ANGELES (AP) — Late-night talk shows began their return to the air after a five-month absence brought on by the Hollywood writers strike, while actors completed the first day of talks that could end their own long work walk-off. CBS's “ The Late Show With Stephen Colbert,”...

Kansas police chief who led raid on small weekly newspaper has resigned, official says
TOPEKA, Kan. (AP) — The police chief who led an August raid on a small weekly newspaper in central Kansas resigned Monday, just days after he was suspended from his post and following the release of body camera video of the raid showing an officer searching the desk of a reporter investigating...
