Global Economy
Analysis / Neither precedent nor Trump can save Big Tech
After losing a jury trial against game store Epic Games in December, a judge has now ruled that Google must open a key piece of its Android smartphone operating system
China to outline fiscal policy as traders await action
The news comes after traders on the mainland and in Hong Kong were left disappointed by a news conference Tuesday in which officials failed to unveil any new stimulus and provided scant detail on its plans for implementing the raft measures already flagged
India central bank leaves interest rates unchanged
Central bank governor Shaktikanta Das said the bank would remain "unambiguously focused" on aligning inflation with its target while still supporting growth.
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
Brent crude futures rose 22 cents, or 0.3 percent, to $77.4 a barrel by 0349 GMT
China says raised 'serious concerns' with US over trade curbs
Chinese Commerce Minister Wang Wentao's call with US Commerce Secretary Gina Raimondo was described by Beijing as "candid, in-depth and pragmatic".
Analysis / The US economy is solid: Why are voters gloomy?
Despite indicators showing the US economy is moving in a healthy direction, many Americans remain pessimistic about business and job prospects -- a mood that poses a frustrating problem for Vice President Kamala Harris in her neck-and-neck race with Donald Trump for the White House
Foxconn to build world’s largest ‘superchip’ plant
Taiwanese tech giant Foxconn said on Tuesday it is building the world’s largest production plant for US hardware leader Nvidia’s GB200 “superchips” that power artificial intelligence servers.
US judge orders Google to open Android to rival app stores
A US judge on Monday ordered Google to open its Android smartphone operating system to rival app stores, in a fresh legal setback for the tech giant.
Adani suspected of fraud by selling low-grade coal as high-value fuel to Indian state firm
Reports Financial Times
Maersk lifts 2024 guidance by $3 bn amid shipping woes
Danish shipping giant Maersk on Monday said it expected its profits in 2024 to be $3 billion higher than previous projections as freight rates have increased amid the crisis in the Red Sea
IATA urges Pakistan, Bangladesh to release blocked airline funds
The International Air Transport Association on Tuesday urged Pakistan and Bangladesh to remove barriers to airlines repatriating ticket revenues after Nigeria released the vast majority of blocked funds
Jewellers seek changes to baggage rule
Bangladesh Jeweller's Association (Bajus) wants to put a stop to travellers bringing in gold bars
Turkish inflation exceeds 75%
Turkish inflation jumped above 75 percent in May, official data showed Monday, but officials expect consumer prices to have finally peaked in a cost-of-living crisis that has dogged President Recep Tayyip Erdogan
AMD unveils new AI chips to challenge Nvidia
AMD on Monday announced its new artificial intelligence chips for everything from cutting-edge data centres to advanced laptops, ramping up its challenge to the runaway market leader Nvidia
Resurgent airlines soar towards passenger, revenue records
Airlines will fly almost five billion passengers in 2024 and revenues will near $1 trillion, both record highs, trade body IATA said on Monday as the industry roars back after the pandemic
New airports, aircraft: wealthy Gulf prepares for aviation boom
With major new airports emerging from the desert and aircraft orders rolling in, the resource-rich Gulf is raising its stake in an industry forecast to boom in the decades ahead
Bangladesh wants to start negotiations with China for FTA: Titu
State Minister for Commerce Ahasanul Islam Titu sits with businesses of the two nations
Remittance rises 32% in May
$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion