Global Economy
The US economy is solid: Why are voters gloomy?
Cooling inflation, low unemployment, robust economic growth and... downbeat voters.
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.
Russia seizes Deutsche Bank, UniCredit assets
A Russian court has ruled that Deutsche Bank and UniCredit's assets in the country are to be seized, documents showed
China launches anti-dumping probe into imported EU, US chemical
China's commerce ministry on Sunday said it had launched an anti-dumping investigation into imports of an important engineering chemical from the European Union, the United States, Taiwan and Japan.
Musk arrives in Indonesia's Bali for planned Starlink launch
Tycoon Elon Musk arrived on the Indonesian island of Bali on Sunday ahead of the planned launch of SpaceX's Starlink internet service, which the Indonesian government hopes will boost internet penetration and health services in remote parts of the sprawling archipelago
5 banks to seek offshore banking deposits at NY campaign
The leading banks will arrange a dinner for expatriate Bangladeshis at New York LaGuardia Airport Marriott
Saudi crown prince seeks soft power in game hub Japan
Crown Prince Mohammed bin Salman visits Japan next week, where he will hold talks on energy while hunting more opportunities in gaming as he seeks to improve Saudi Arabia's image
Higher US food prices lead to a shift in shopping habits
Consumer inflation data published Thursday showed that food prices rose by 2.2 percent in the 12 months to April -- masking some sharp differences between items.
UAE’s AD Ports Group to invest $1 billion to develop Ctg port
The Chittagong Port Authority signs MoU with the Abu Dhabi-based company
US consumer inflation eases slightly in April, sending stocks higher
The annual consumer price index (CPI) came in at 3.4 percent in April, down 0.1 percentage point from March
Japan economy suffers worse-than-expected contraction of 0.5%
Gross domestic product in the world's number four economy shrank by 0.5 percent against market expectations of a drop of only 0.3 percent
What will be the repercussions of Biden's new China tariffs?
Despite targeting $18 billion in imports across new and already targeted sectors, analysts do not expect a major economic impact, assuming Beijing does not retaliate significantly