Foxconn second-quarter revenue jumps, company cautions on geopolitics
1 hour(s) ago
Business
OPEC+ tipped to raise quotas again as Middle East calms
5 hour(s) ago
Business
Slowing US job growth poses midterms challenge for Trump
5 July 2026, 00:00 AM
Global Economy
Vietnam’s economic growth tops expectations
5 July 2026, 00:00 AM
Global Economy
Oil prices little changed
5 July 2026, 00:00 AM
Global Economy
Gold heads for weekly gain
5 July 2026, 00:00 AM
Global Economy
Microsoft, AWS deploy engineer armies to help make AI profitable
5 July 2026, 00:00 AM
Global Economy
Chinese investors flock to Hong Kong as trading curbs tighten
5 July 2026, 00:00 AM
Global Economy
Gulf oil exports jump in June on record UAE flows
5 July 2026, 00:00 AM
Global Economy
US shifting from aid to trade with Bangladesh
5 July 2026, 00:00 AM
Global Economy
Mexico wants talks with US over auto content rules
Mexico sought formal consultation with the United States on Friday over the interpretation and application of tougher content rules for vehicles set out in the USMCA trade pact.
21 August 2021, 18:00 PM
Nvidia’s $40b deal for ARM dealt blow
Nvidia Corp’s planned $40 billion acquisition of British chip designer ARM hit a major hurdle on Friday after a UK regulator found it could damage competition and weaken rivals, and required a further lengthy investigation.
21 August 2021, 18:00 PM
US oil and gas rigs rise for third week
US energy firms this week added oil and natural gas rigs for a third week in a row, as a recovery in oil prices prompted some drillers to return to the wellpad over the past year.
21 August 2021, 18:00 PM
US moves to prolong jobless aid
President Joe Biden’s administration announced steps on Thursday to allow US states to continue expanded unemployment benefits as the country grapples with a surge in the Delta variant of Covid-19, even as data showed jobless claims declining for a fourth straight week.
21 August 2021, 18:00 PM
VW reins in production for chip shortage
German car giant Volkswagen will slash production at its main plant due to ongoing problems with the global supply of computer chips, a spokesman told AFP on Friday.
21 August 2021, 18:00 PM
Hong Kong quarantine threatens financial hub status: businesses
European business leaders have warned that Hong Kong’s stringent quarantine measures have left its residents “indefinitely trapped” in the city, threatening its status as an international business centre.
21 August 2021, 18:00 PM
China passes tough new online privacy law
China passed a sweeping privacy law aimed at preventing businesses from collecting sensitive personal data Friday, as the country faces an uptick in internet scams and Beijing targets tech giants hoovering up personal data.
21 August 2021, 18:00 PM
US deploy choppers to rescue of Americans trying to escape Kabul
The US military in Afghanistan sent helicopters to rescue over 150 Americans unable to reach the Kabul airport gates, an official said Friday, in the first evidence that US forces were willing and able to go beyond the US-secured compound to help people seeking evacuation.
21 August 2021, 03:02 AM
Taliban vow to ban heroin, but can they survive without it?
Heroin production has boomed in Afghanistan in recent years, helping fund the Taliban, and experts say they will struggle to wean themselves off the profitable trade despite their promise to do so.
19 August 2021, 18:00 PM
Republican senator urges Biden to reappoint Powell to top Fed job
President Joe Biden should keep Jerome Powell at the helm of the Federal Reserve for another four years to build confidence in an improving economy that still faces significant risks, Senator Steve Daines said in a letter to the president on Thursday.
19 August 2021, 18:00 PM
IMF stops funds to Afghanistan
Despite its swift takeover of the government in Afghanistan, the Taliban will not have access to most of the nation’s cash and gold stocks, while the IMF announced it won’t provide aid.
19 August 2021, 18:00 PM
EU sustainable fund rules muddy the waters
If you want to invest in a fund branded as sustainable under new European Union rules, you’re spoilt for choice. But you may end up owning shares in oil companies, mining conglomerates or tobacco firms.
19 August 2021, 18:00 PM
US employment growth revised modestly lower
The US economy likely created 166,000 fewer jobs in the 12 months through March than previously estimated, the Labor Department’s Bureau of Labor Statistics said on Wednesday.
19 August 2021, 18:00 PM
World markets tank on Fed taper talk, Delta fears
Global stocks and oil markets tanked Thursday but the dollar rallied versus some key rivals after the US Federal Reserve signalled it could rein in vast stimulus measures this year.
19 August 2021, 18:00 PM
White-collar staff calling shots as job markets recover
Having hunkered down at home and clung on to his job through the 2020 lockdowns, Dutch IT worker Benito Castillion is now on the hunt for a career-enhancing move - and it’s a shift of perspective he shares with millions of white-collar staff worldwide.
19 August 2021, 18:00 PM
Oil drops below $66, lowest since May
Oil dropped to below $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker demand as Covid-19 cases rise, a stronger US dollar and a surprise increase in US gasoline inventories.
19 August 2021, 18:00 PM
Toyota to slash production for chip shortage
Toyota Motor Corp will reduce global production for September by 40 per cent from its previous plan due to the worldwide shortage of semiconductors, the Nikkei business daily reported on Thursday.
19 August 2021, 18:00 PM
Walmart reports solid US sales growth
Walmart lifted its full-year forecast Tuesday following another solid performance at its US stores in the second quarter even as e-commerce growth slowed compared with earlier in the pandemic.
18 August 2021, 18:00 PM
Global stocks fall on Delta variant gloom
Global stock markets were broadly lower Tuesday as investors fretted that the resurgent Delta coronavirus variant may put the brakes on the global economic recovery.
18 August 2021, 18:00 PM
Oil steadies, Delta outbreaks cloud demand prospects
Oil prices steadied on Wednesday, after four days of declines with investors still wary about prospects for stronger fuel demand as the use of rail, air and other forms of transport remained constrained amid surging Covid-19 cases worldwide.
18 August 2021, 18:00 PM