Global physical crude markets mired in discounts as Middle East ramps up supply
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How SK Hynix's bet on a niche memory chip made it more valuable than Samsung
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Oil extends slide on expectations of smoother crude flows via Hormuz
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US gasoline prices tumble for sixth straight week
23 June 2026, 14:55 PM
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Monday ship traffic through Strait of Hormuz highest since start of war: monitor
23 June 2026, 14:42 PM
US-Israel war on Iran
EU bets on digital euro to cut US tech addiction
23 June 2026, 13:34 PM
Business
Oil inches down as investors focus on Hormuz flows after peace talks
23 June 2026, 11:06 AM
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Govt forms National Drug Advisory Council
22 June 2026, 20:57 PM
Business
Alan Greenspan, US Fed 'maestro' through years of boom and bust, dies at 100
22 June 2026, 20:44 PM
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Oil falls after US-Iran talks conclude in Switzerland
22 June 2026, 13:02 PM
Business
BMW aims to slash CO2 output by 20pc in 2020
German high-end carmaker BMW aims to slash the amount of carbon dioxide (CO2) emitted by its cars sold in Europe this year by 20 percent, its chief executive said Wednesday.
12 February 2020, 18:00 PM
‘Everyone is guessing’ about coronavirus economic impacts: experts
The coronavirus that spread from a seafood market in Wuhan, China to infect tens of thousands has shuttered businesses, grounded flights and killed over 1,000 people so far, mostly in China.
12 February 2020, 18:00 PM
Samsung unveils foldable phone, Galaxy S20 to fend off Apple, Huawei
Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company.
12 February 2020, 18:00 PM
Japan’s efforts to raise wages wane as firms embrace merit-based pay
More Japanese companies are shifting to merit-based pay as competition for workers heats up, but the change risks holding back the sort of blanket wage hikes the prime minister says are needed to inflate the economy.
12 February 2020, 18:00 PM
Google vs EU: a decade-long saga goes to court
Google and the EU have a big day in court Wednesday as the search engine giant enters a new phase of a legal saga that began a decade ago.
12 February 2020, 18:00 PM
Deutsche Bank taps US tech companies for makeover
Deutsche Bank has invited bids from Microsoft, Google and Amazon to overhaul the German bank’s outdated and fragmented technology networks, people with knowledge of the matter said.
11 February 2020, 18:00 PM
India’s economic growth set to bounce back: govt adviser
Indian economic growth is poised to bounce back after slipping to a more than six-year low of 4.5 per cent in the July-September quarter as the government has taken measures to prop up investments and consumer demand, a top government adviser said.
11 February 2020, 18:00 PM
JPMorgan in talks to merge blockchain unit Quorum with startup ConsenSys
JPMorgan Chase & Co is in talks to merge its marquee blockchain unit Quorum with Brooklyn-based startup ConsenSys, according to people familiar with the plans.
11 February 2020, 18:00 PM
China’s central bank gives green light to Mastercard’s China JV for clearing business
China’s central bank said on Tuesday it has approved an application by Mastercard’s China joint venture to conduct bank card clearing operations in the country.
11 February 2020, 18:00 PM
Cambodia PM says country ‘will not bow down’ a day before EU trade decision
Cambodian Prime Minister Hun Sen was defiant on Tuesday, a day before the European Union is to decide whether to end the country’s special trade preferences over human rights concerns, saying the nation “will not bow down” to foreign demands.
11 February 2020, 18:00 PM
US companies cut back on installing robots in 2019
The robot invasion slowed a bit last year.
11 February 2020, 18:00 PM
Fed Chair Powell likely to give Congress positive economic update
Federal Reserve Chair Jerome Powell is likely to sound fairly upbeat about the outlook for US economic growth when he testifies this week in the first of his twice-a-year updates to Congress, even as he nods to the potential threat from the coronavirus in China.
11 February 2020, 18:00 PM
Grim December for EU’s top economies caps year of trade war
Industrial production fell back sharply in both Germany and France in December, official data showed Friday, closing off a year that saw trade conflicts above all weigh on the top EU economies.
8 February 2020, 18:00 PM
Shanghai to help Tesla resume production amid coronavirus spread
US electric carmaker Tesla’s factory in China’s financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading epidemic of coronavirus, a Shanghai government official said on Saturday.
8 February 2020, 18:00 PM
Coronavirus claims world’s biggest capacity car plant
The most productive car factory in the world fell quiet on Friday as South Korea’s Hyundai suspended operations at its giant Ulsan complex, hamstrung by a lack of parts with the coronavirus outbreak crippling China’s industrial output.
8 February 2020, 18:00 PM
Uber and Lyft take different roads in search of profit
Uber Technologies Inc and Lyft Inc, the two leading US ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.
8 February 2020, 18:00 PM
IMF top deputy leaving fund amid leadership changes
The top American serving at the International Monetary Fund will leave his post at the end of the month amid a reshuffling of the top leadership, the fund said Friday.
8 February 2020, 18:00 PM
Hong Kong Airlines to lay off 400 staff as virus hits city
Hong Kong Airlines said Friday it has been forced to slash hundreds of jobs and ask remaining staff to take unpaid leave as the coronavirus outbreak compounds problems at the already-struggling firm.
8 February 2020, 18:00 PM
Russia’s central bank cuts key rate to 6pc as inflation slows
Russia’s central bank on Friday lowered its key interest rate by a quarter point to 6.0 percent as inflation continues to slow more than expected.
8 February 2020, 18:00 PM
Trade wars gnaw on German industry and exports
German industrial production was further ground down in December as the US-China trade conflict dragged on, official data showed Friday, while the country’s prized trade surplus also ticked down over 2019 as a whole.
8 February 2020, 18:00 PM