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    Central bank continues to stabilize exchange rate

    Foreign exchange purchase position of the People’s Bank of China declined 57.13 billion yuan from October to 21.26 trillion yuan in November

    The post Central bank continues to stabilize exchange rate appeared first on Asia Times.

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    CBS fires CEO Leslie Moonves and denies $120 million severance

    CBS Corp said on Monday it has fired Leslie Moonves for cause and has denied a $120 million severance package as it girds for a likely legal battle with its former chief executive who has been accused of sexual harassment and assault that allegedly took place before and after he joined the company.

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    Chinese steel-making giant to invest US$4.4 bn in Philippines

    Joint project in Cagayan de Oro City, Mindanao, is the largest investment of its kind between the two countries, according to officials

    The post Chinese steel-making giant to invest US$4.4 bn in Philippines appeared first on Asia Times.

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    Seventeen Reasons to Hate the US Stock Market

    Amid numerous political risks, there is one important reason to be worried: profitability is concentrated in a strikingly small number of firms

    The post Seventeen Reasons to Hate the US Stock Market appeared first on Asia Times.

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    CBS denies former CEO Leslie Moonves $120 million severance

    CBS Corp said on Monday it will not pay Leslie Moonves a $120 million severance package as it girds for a likely legal battle with its former chief executive who has been accused of sexual harassment and assault that allegedly took place before and after he joined the company.

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    Wanda selling its insurance holdings for US$390 million

    Greentown China inks agreement to acquire 900 million shares of Aeon Life Insurance, an 11.55% stake in the insurer: report

    The post Wanda selling its insurance holdings for US$390 million appeared first on Asia Times.

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    CBS denies former CEO Leslie Moonves $120 million severance

    CBS Corp said on Monday it will not pay Leslie Moonves a $120 million severance package as it girds for a likely legal battle with its former chief executive who has been accused of sexual harassment and assault that allegedly took place before and after he joined the company.

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    Ex-CIA director: It’s a tech war, not a trade war

    And, in 5G, the US is losing by a mile

    The post Ex-CIA director: It’s a tech war, not a trade war appeared first on Asia Times.

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    Trump stages last-ditch effort to stop interest rate hike

    ‘Take the Victory!’ president tells Fed ahead of Wednesday decision

    The post Trump stages last-ditch effort to stop interest rate hike appeared first on Asia Times.

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    Jeff Bridges to receive lifetime achievement honor at Golden Globes

    Oscar-winning actor Jeff Bridges will receive a lifetime achievement award at January’s Golden Globes ceremony for his wide range of work, from Western “True Grit” to comedy “The Big Lebowski,” the Hollywood Foreign Press Association said on Monday.

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