Global Business

Global Business

Feud over container handling rates disrupts Ctg port operations

Disputes between berth operators and shipping agents slow handling at six jetties

20h ago

Humankind’s Comparative Advantage

A seeker at an early age, Yuval Noah Harari has written about human evolution as a philosopher and historian.

22h ago

Asian markets drop as trades fret over US inflation, rates outlook

Sentiment was also clouded by data showing that Chinese consumer inflation remained almost non-existent despite a raft of stimulus measures in the final three months of last year.

1d ago

China inflation hits nine-month low in December

For the whole of 2024 prices were up 0.2 percent, the same as the previous year.

1d ago

Fitch flags concerns over 'significant' US fiscal policy challenges

Congress has had frequent battles in recent years over the best way to tackle growing spending commitments, with lawmakers divided over whether to tax more, spend less, or do both at the same time.

1d ago

Samsung warns fourth-quarter profit to miss forecasts

The announcement comes after the world's largest memory-chip maker issued a rare apology in October acknowledging it was facing a "crisis" and that questions had arisen about its "fundamental technological competitiveness and the future of the company".

2d ago

US trade deficit widens in November on imports jump

With Trump set to take office later this month, trade imbalances in the world's biggest economy could again come under the spotlight.

2d ago

Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay

Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion) in the quarter ended December

3d ago

Sri Lanka probes Adani projects after US charges

Both the finance and foreign ministries had been asked to review infrastructure projects awarded to the Indian conglomerate

1m ago

Most Asian markets drop, dollar gains as Trump fires tariff warning

The former and next president said on his Truth Social account that he would hammer the United States' largest trading partners in response to the illegal drug trade and immigration

1m ago

'No one will win a trade war,' China says after Trump tariff threat

"About the issue of US tariffs on China, China believes that China-US economic and trade cooperation is mutually beneficial in nature," Chinese Embassy Spokesperson Liu Pengyu said in a statement.

1m ago

US-Google face off as ad tech antitrust trial comes to close

The trial in a Virginia federal court is Google's second US antitrust case now under way as the US government tries to rein in the power of big tech.

1m ago

US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times

The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times.

1m ago

Business seeks details in face of mixed COP29 climate messages

Two weeks of acrimonious negotiations in Azerbaijan's capital Baku resulted in a deal for $300 billion in annual climate finance by 2035

1m ago

SEC issues summons for Gautam Adani, nephew on bribery allegations

The commission is alleging they were engaged in hundreds of millions of dollars in bribes to help an Adani company while "falsely touting the company’s compliance with antibribery principles and laws in connection with a $750 million bond offering".

1m ago

Bitcoin’s $100,000 moment will be a perfect storm

Trump’s team has met with industry executives to discuss creating a White House job focused on cryptocurrency policy.

1m ago

Adani CFO says US charges linked to only one business contract

On Wednesday, Gautam Adani, one of the world's richest men, and seven others were indicted for fraud by US prosecutors over their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.

1m ago

Scott Bessent a credible, safe pick for Treasury: experts

Earlier this month on Fox News, Bessent defended the potential use of tariffs as a means to raise revenue for the government

1m ago