Oil markets bet Trump would chicken out on Iran. They won
5 hour(s) ago
Global Economy
Oil price drops to $82
5 hour(s) ago
Global Economy
Bank of Japan lifts policy rate to 31-yr high
5 hour(s) ago
Global Economy
Myanmar inflation hits 25% on fuel shock: WB
5 hour(s) ago
Global Economy
New budget faces revenue execution risks, says Fitch
11 hour(s) ago
Business
China retail sales fell in May for first time since 2022
16 June 2026, 12:37 PM
Business
Oil falls as markets weigh return of supply, US-Iran peace deal
16 June 2026, 12:35 PM
Business
Sustainable plastic, packaging crucial for high-value exports
16 June 2026, 00:00 AM
Global Economy
Anthropic becomes a cautionary sovereign-AI fable
16 June 2026, 00:00 AM
Global Economy
SpaceX could bring $1tn in revenue by 2030: Musk
16 June 2026, 00:00 AM
Global Economy
Bank of Japan hints at near-term rate hike, pushing yields higher
Ueda said the central bank could "respond with monetary policy" if currency moves significantly drive inflation and wages, suggesting sharp yen falls could affect the timing of the next rate hike
7 April 2024, 10:53 AM
Elon Musk bets big on Tesla, not cars
Hopes of keeping the crown have rested on a long-promised $25,000 model. If the project gets scrapped, as Reuters reported on Friday, boss Elon Musk has one remaining advantage: using Tesla’s data trove to develop self-driving technology
7 April 2024, 05:59 AM
World food prices rise for first time in 7 months: FAO
Global food prices rose in March, the first increase since July, pulled higher by cooking oil prices despite the cost of grains continuing to ease, the UN's Food and Agricultural Organization said Friday
6 April 2024, 10:10 AM
AI might rewrite Samsung's memory chip past
Samsung, which generates the bulk of its operating profit from semiconductors, is forecast to more than double earnings this year, per analysts' estimates gathered by LSEG
6 April 2024, 08:48 AM
Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters
6 April 2024, 07:05 AM
Samsung Electronics expects 10-fold rise in Q1 profit
January-March operating profits were expected to rise 931.3 % to 6.6 trillion won ($4.89 billion) while operating profits in the same period last year totalled around 640 billion won
6 April 2024, 06:17 AM
Bangladesh power system gets dirtier on rapid coal use growth
Bangladesh power firms more than doubled coal-fired electricity generation in 2023 from 2022 to a record 17 terawatt hours (TWh), data from energy think tank Ember shows
4 April 2024, 10:21 AM
Tesla reports drop in auto sales, while Toyota sees US surge
Elon Musk's auto giant reported 386,810 global deliveries over the period, down 8.5 percent, reflecting in part a weak sales market in China, where it faces heavy competition from local electric vehicle (EV) makers
3 April 2024, 11:10 AM
Telenor to cut around 100 jobs in Norway as part of reorganisation
Telenor on Wednesday said its Norwegian unit will lay off around 100 employees and substantially reduce its number of temporary staff and consultants
3 April 2024, 09:27 AM
Sri Lanka recovering but poverty enduring: World Bank
Crisis-hit Sri Lanka will return to growth this year, the World Bank said Tuesday, but around a quarter of the country's citizens will remain living in poverty
3 April 2024, 09:15 AM
US-China economic flashpoints in Yellen's China trip
As Yellen arrives in China on Thursday, what issues does she face?
3 April 2024, 05:39 AM
World Bank set to issue up to $1 billion in debut hybrid note this year
The World Bank is looking to issue up to $1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters
2 April 2024, 08:48 AM
India gold prices soar to record high, dampening demand, dealers say
Domestic gold futures rose to 69,487 Indian rupees ($834.07) per 10 grams, up nearly 10 percent so far in 2024
1 April 2024, 07:08 AM
Weak Asian factories take shine off China's rebound
Export powerhouses Japan and South Korea saw manufacturing activities shrink, as well as Taiwan, Malaysia and Vietnam in a sign of the fragile state of the region's economies
1 April 2024, 05:46 AM
India's GDP set to grow 8% or more in Jan-March quarter, finance minister says
India's gross domestic product is on track to grow by 8 percent or more in the quarter ending March 31, Finance Minister Nirmala Sitharaman said on Saturday.
31 March 2024, 11:01 AM
Scooter sales rev up as riders seek comfort
Local retailers post up to 65% rise in monthly scooter sales
30 March 2024, 13:48 PM
India's forex reserves jump to record high
It hit a record high of $642.63 billion as of March 22
30 March 2024, 10:14 AM
Impact of Baltimore port closure on global supply chains
Authorities have warned that extensive work is needed before the major port can reopen following Tuesday's catastrophic cargo ship collision, which has blocked the harbour's entrance.
30 March 2024, 09:54 AM
India mandates weekly reporting on wheat stocks to prevent hoarding
India has asked traders, major retailers and food processors to declare wheat stocks every Friday from April to prevent hoarding and price spikes, the government said on Friday
30 March 2024, 07:16 AM
China reaffirms financial support for Sri Lanka
Sri Lanka's years-long economic crisis was high on the agenda during Gunawardena's trip, with China accounting for around 10 percent of the South Asian country's total foreign debt
30 March 2024, 07:00 AM