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Today: May 16, 2026
Today: May 16, 2026

Economy

Business|Economy|Political|US|World

Fed's Miran says he will vacate board seat on or just before Warsh is sworn in as chair

U.S.

Fed's Miran says he will vacate board seat on or just before Warsh is sworn in as chair
Business|Economy|Entertainment|Technology

OpenAI explores legal options against Apple, source says 

Apple's two-year-old partnership with OpenAI has become strained, with the AI startup failing to see the expected benefits from its deal with the iPhone maker and preparing possible

OpenAI explores legal options against Apple, source says 
Business|Economy|Technology|World

Boeing shares drop 4% after Trump announces China orders just 200 jets

China has agreed to buy 200 Boeing jets, U.S.

Boeing shares drop 4% after Trump announces China orders just 200 jets
Business|Economy|Finance|Stock Markets|Technology|US

Wall Street ends higher on tech rally; investors eye Beijing talks

U.S. stocks advanced on Thursday, lifted by a rally in tech stocks as investors absorbed generally solid economic data and watched for

Wall Street ends higher on tech rally; investors eye Beijing talks
Business|Economy|Finance|World

Venezuela debt restructuring to bring country 'out of shadows,' central bank chief says

Restructuring Venezuela's sovereign debt and that of state oil firm PDVSA will bring the country "out of the shadows" of the global financial system, interim

Venezuela debt restructuring to bring country 'out of shadows,' central bank chief says
Business|Economy|Finance|Political|World

US pledges new humanitarian aid to UN, says it must align with Trump's interests

The State Department's top aid official said on Thursday that $1.8 billion in new humanitarian aid to be provided by the U.S. through

US pledges new humanitarian aid to UN, says it must align with Trump's interests
Americas|Business|Crime|Economy|Election|Finance|Political|Stock Markets|World

Bolsonaro reversal on ties to jailed banker leaves allies reeling

Allies of Brazilian Senator Flavio Bolsonaro scrambled on Thursday to play down ties to a jailed banker that threatened his odds in

Bolsonaro reversal on ties to jailed banker leaves allies reeling
Business|Economy|Technology|US|World

FCC approves Verizon's $1 billion spectrum purchase

The Federal Communications Commission said on Thursday it has approved Verizon's 2024 $1 billion deal to acquire some spectrum assets from U.S.

FCC approves Verizon's $1 billion spectrum purchase
Business|Economy|Entertainment|Finance|Stock Markets|Technology

Tema plans new ETF on prediction market themes

Tema, one of a growing number of ETF providers offering funds that track thematic trends, has filed with the U.S. securities regulator to

Tema plans new ETF on prediction market themes
Arts|Business|Economy|Education|Entertainment|Environment|Finance|Lifestyle|Science|Technology

Musk accused of 'selective amnesia,' Altman of lying as OpenAI trial nears end

A lawyer for Elon Musk hammered at the credibility of OpenAI CEO Sam Altman on Thursday, near the end of a

Musk accused of 'selective amnesia,' Altman of lying as OpenAI trial nears end
Business|Economy|Environment|Health

US EPA proposes delaying enforcement of Biden vehicle pollution rule

The U.S.

US EPA proposes delaying enforcement of Biden vehicle pollution rule
Business|Economy|Environment|Political|World

US pledges $1.8 billion more for UN humanitarian aid even as it's cut foreign assistance overall

The Trump administration has announced $1.8 billion in additional funding for U.N. humanitarian aid

US pledges $1.8 billion more for UN humanitarian aid even as it's cut foreign assistance overall
Business|Crime|Economy|World

Ex-Brooklyn judge accused of swindling real estate investors out of millions of dollars

A former New York City judge who resigned last year while under investigation for professional misconduct has been charged with abusing his position to swindle real estate investors out of at least $5 million and then using some of the loot to pay his own bills

Ex-Brooklyn judge accused of swindling real estate investors out of millions of dollars
Business|Crime|Economy|Lifestyle|Technology

Man fights HOA over outdoor security cameras he says stopped package theft

Man fights HOA over outdoor security cameras he says stopped package theft

Man fights HOA over outdoor security cameras he says stopped package theft
Economy|Health|Political|Science|World

A surge in violence followed Trump's cuts to USAID programs in Africa, a study finds

A new study has found that the Trump administration's decision last year to dissolve the U.S. Agency for International Development — once a leading global aid donor — was followed by a significant increase in violence in several African countries the agency had supported

A surge in violence followed Trump's cuts to USAID programs in Africa, a study finds
Business|Economy|Finance|MidEast|Political|US|World

China will do what it can to reopen Strait of Hormuz, Bessent says

U.S.

China will do what it can to reopen Strait of Hormuz, Bessent says
Business|Economy|Science|Technology|World

US, China are discussing AI guardrails to safeguard most powerful models, Bessent says

U.S. and Chinese delegations are discussing artificial intelligence guardrails at their Beijing summit and will set up a protocol for best practices to

US, China are discussing AI guardrails to safeguard most powerful models, Bessent says
Economy|Health|Political|World

US casts Israel-Lebanon talks on Thursday as 'positive and productive'

The United States cast Israel-Lebanon talks held in Washington on Thursday as "productive and positive

US casts Israel-Lebanon talks on Thursday as 'positive and productive'
Business|Economy|Finance|Stock Markets|US

Tax refunds help to lift US retail sales; drag from rising inflation looms

U.S. retail sales increased solidly for a third straight month in April, though part of the rise in receipts was due to a sharp rise in inflation since

Tax refunds help to lift US retail sales; drag from rising inflation looms
Business|Economy|Environment|Finance|Political|World

Oil ends flat as tanker crossings through Strait of Hormuz temper supply fears

Oil prices ended little changed on Thursday after Iran's state media said about 30 vessels had crossed the Strait of Hormuz, though attacks on one ship

Oil ends flat as tanker crossings through Strait of Hormuz temper supply fears
Business|Economy|Finance|Political|World

Iraq seeking financial assistance from IMF, World Bank as result of Iran war

Iraqi officials have approached the International Monetary Fund about securing financial assistance as a result of the

Iraq seeking financial assistance from IMF, World Bank as result of Iran war
Business|Economy|Finance|Technology|World

Equities advance with tech boost, dollar rises after data 

Strong demand for technology stocks lifted equity indexes around the world on Thursday, while the dollar rose after economic data and

Equities advance with tech boost, dollar rises after data 
Business|Economy|Finance|World

Venezuela says refiner Citgo's value has increased, calls for halting sale

Lawyers representing Venezuela told a U.S. court this week that the value of Venezuela-owned U.S. refiner Citgo Petroleum has increased since the sale

Venezuela says refiner Citgo's value has increased, calls for halting sale
Business|Economy|Finance|Stock Markets|Technology|World

Blackstone data center vehicle makes muted debut after $1.75 billion IPO

Shares of Blackstone's newly minted investment vehicle opened flat in their market debut on Thursday, after the company raised $1.75 billion in its U.S.

Blackstone data center vehicle makes muted debut after $1.75 billion IPO
Arts|Business|Economy|Entertainment|Europe|Fashion and Beauty

Ferragamo first-quarter revenues slip as wholesale sales drop 19%

Revenues at Italian luxury group Ferragamo fell 1.2% at constant exchange rates in the first quarter as wholesale sales dropped 19% compared to a year earlier, the company

Ferragamo first-quarter revenues slip as wholesale sales drop 19%
Business|Economy|Political|Technology|Travel|World

Xi tells Trump that mishandling of Taiwan could lead to 'dangerous' place

China's President Xi Jinping warned U.S.

Xi tells Trump that mishandling of Taiwan could lead to 'dangerous' place
Economy|Environment|World

Cuba’s energy crisis to worsen as donated Russian oil runs out, minister warns

Cuba’s energy crisis to worsen as donated Russian oil runs out, minister warns

Cuba’s energy crisis to worsen as donated Russian oil runs out, minister warns
Economy

IMF says constructive US-China dialogue, reduced tensions good for world economy

The International Monetary Fund said on Thursday that it welcomes the initial positive dialogue between U.S.

IMF says constructive US-China dialogue, reduced tensions good for world economy
Business|Economy|Europe|Finance|World

BoE's Pill calls for 'prompt but modest' rate hike to quell inflation pressure

Bank of England Chief Economist Huw Pill said on Thursday a "prompt but modest" increase in interest rates would help to head off the risk of inflation pressure caused by

BoE's Pill calls for 'prompt but modest' rate hike to quell inflation pressure
Business|Economy|Science|Technology

Cerebras shares skyrocket in debut as AI mania grips markets

By Utkarsh Shetti, Echo Wang and Max A.

Cerebras shares skyrocket in debut as AI mania grips markets
Economy|Finance|Political|US

Senators approve withholding their own pay during government shutdowns

Senators have unanimously approved a resolution to withhold their pay during government shutdowns

Senators approve withholding their own pay during government shutdowns
Business|Crime|Economy|Education|Environment|Finance|Health|Lifestyle|Political|Science|Technology|World

Supreme Court revives suit against major logistics company with potentially big effects on industry

The Supreme Court says man can sue a major logistics company after he lost part of his leg in a semi tractor-trailer crash

Supreme Court revives suit against major logistics company with potentially big effects on industry
Business|Economy|Political|Travel|World

China's Xi warns Trump that differences over Taiwan could lead to conflict

China’s Xi Jinping has warned President Donald Trump that their two countries could clash over Taiwan if the issue is not handled properly

China's Xi warns Trump that differences over Taiwan could lead to conflict
Economy|Political|US

Senators vote to block their pay during future government shutdowns

Senators vote to block their pay during future government shutdowns

Senators vote to block their pay during future government shutdowns
Asia|Business|Economy|Political|World

U.S. officials flag prospect of Chinese energy purchases after Trump-Xi meeting

U.S. officials raised the prospect of China buying more American energy after Presidents Donald Trump and Xi Jinping held talks in Beijing on

U.S. officials flag prospect of Chinese energy purchases after Trump-Xi meeting
Economy|Europe|Political|World

Germany's Merz calls for EU budget overhaul as battle looms

German Chancellor Friedrich Merz on Thursday called for a revamp of what he cast as the European Union's outdated budget system,

Germany's Merz calls for EU budget overhaul as battle looms
Business|Economy|Finance|Stock Markets|World

UK to tighten money market fund rules by end of year

Britain will impose tougher rules later this year on money market funds, which have been a focus of regulators since market turmoil in

UK to tighten money market fund rules by end of year
Business|Economy|Technology

SMIC reports 5% growth in first-quarter profit, missing forecast

Semiconductor Manufacturing International Corp,China's largest contract chipmaker, on Thursday reported a 5% year-on-year increase in first-quarter profit.

SMIC reports 5% growth in first-quarter profit, missing forecast
Business|Economy|Finance|Stock Markets|Technology|US|World

'G2' choreography

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets U.S.

'G2' choreography
Business|Economy|Europe|Finance|Stock Markets|World

European shares end at one-week highs on tech boost

European shares closed higher on Thursday, after hitting the highest in a week with a boost from technology stocks, while investors remained cautious

European shares end at one-week highs on tech boost
Business|Economy|Political|Travel|World

Putin visit to China will take place very soon, Kremlin says

Russian President Vladimir Putin will visit China very soon and preparations for the trip are already complete, Kremlin spokesman Dmitry Peskov said on Thursday.

Putin visit to China will take place very soon, Kremlin says
Business|Economy|Political|World

Russia says it's establishing 'full partnership' with Afghan Taliban

Russia is establishing a "full-fledged partnership" with Afghanistan's ruling Taliban and is encouraging other countries in the region to expand cooperation with Kabul, a

Russia says it's establishing 'full partnership' with Afghan Taliban
Business|Economy|Finance|Stock Markets|World

Canadian home sales rise in April, prices edge lower

Canadian home sales posted a modest increase in April from March after a slow start to the month, and prices edged lower, data from the Canadian Real Estate

Canadian home sales rise in April, prices edge lower
Arts|Business|Economy|Entertainment|Finance|Stock Markets|US|Videos

Versant beats revenue estimates on licensing deals, digital platform growth

Versant Media topped Wall Street estimates for first-quarter revenue on Thursday, as content licensing deals and strong sales at businesses like Fandango

Versant beats revenue estimates on licensing deals, digital platform growth
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims increase moderately, labor market remains stable

The number of Americans filing claims for unemployment benefits increased moderately last week, pointing to a stable labor market even as rising energy prices from the

US weekly jobless claims increase moderately, labor market remains stable
Africa|Economy|Environment|Health|World

Almost 20 million people in Sudan still face acute hunger, monitors say

Some 19.5 million Sudanese people, or more than 40% of the population, are facing acute hunger, according to a report by a global hunger monitor, as the

Almost 20 million people in Sudan still face acute hunger, monitors say
Business|Economy|World

US Treasury's Bessent expects large Boeing order during China visit

U.S.

US Treasury's Bessent expects large Boeing order during China visit
Asia|Business|Economy|Environment|Technology

China's view on Elon Musk? Visionary, occasional villain

In China, Elon Musk has been the object of love - and occasional loathing.

China's view on Elon Musk? Visionary, occasional villain
Business|Economy|US|World

Small cities in big Texas metro areas lead as the fastest growing municipalities in the US

Small cities in big Texas metro areas are the fastest-growing in the U.S. The Census Bureau reported Thursday that Celina, Princeton, Melissa and Anna were at the top of the list from mid-2024 to mid-2025

Small cities in big Texas metro areas lead as the fastest growing municipalities in the US
Business|Economy|Political|World

US's Bessent says soybeans 'all taken care of', cooling expectations for fresh Chinese buying

U.S.

US's Bessent says soybeans 'all taken care of', cooling expectations for fresh Chinese buying
Business|Economy|Finance|Stock Markets

Wall St opens higher as Nvidia gains; US-China talks, data in focus

Wall Street stock indexes opened higher on Thursday as Nvidia's shares jumped, while investors assessed economic data and watched developments around the high-stakes U.S.-China

Wall St opens higher as Nvidia gains; US-China talks, data in focus
Business|Economy|Finance|Stock Markets|World

Inflation is most 'pressing risk' to US economy, Fed's Schmid says

Inflation is the biggest risk to a U.S. economy that has shown "remarkable resilience" in the face of numerous challenges, and the job market is stable, Kansas City Federal Reserve

Inflation is most 'pressing risk' to US economy, Fed's Schmid says
Africa|Economy|Environment|Health|World

Parts of Somalia face famine risk for first time since 2022

Areas of southern Somalia are at risk of famine, two global food security monitors said on Thursday, with one district reaching a level of hunger not seen in

Parts of Somalia face famine risk for first time since 2022
Business|Economy|Finance|World

US import prices surge in April as fuels post biggest gain in four years

U.S. import prices surged in April, with the cost of fuels posting the largest increase in four years, another indication that the U.S.-backed war with Iran was boosting

US import prices surge in April as fuels post biggest gain in four years
Business|Economy|Finance|Stock Markets|Technology

Cisco shares hit record on strong forecast, AI push with job cuts

Cisco shares surged 17% to a record-high on Thursday, set for their biggest single-day gain in over two decades, after it posted AI demand-powered strong results

Cisco shares hit record on strong forecast, AI push with job cuts
Crime|Economy|Health|Political

Fighting fraud is a top Trump administration priority. Here’s what you should know

Fighting fraud is a top Trump administration priority. Here’s what you should know

Fighting fraud is a top Trump administration priority. Here’s what you should know
Business|Economy|Finance|Stock Markets|US|World

US business inventories post biggest gain in nearly four years in March

U.S. business inventories increased by the most in nearly four years in March, boosted by stocks at wholesalers, government data showed on Thursday.

US business inventories post biggest gain in nearly four years in March
Africa|Americas|Arts|Asia|Australia|Business|Crime|Economy|Education|Entertainment|Environment|Europe|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Technology|Travel|World

Italy's defence minister urges decision on EU SAFE loans before deadline

Italy's defence minister said on Thursday he had written twice to the Treasury urging a decision on whether to tap a European Union arms-

Italy's defence minister urges decision on EU SAFE loans before deadline
Economy|Education|Environment|Europe|Political|Science|Technology|World

Pope Leo decries European military spending as 'betrayal' of diplomacy

Pope Leo on Thursday decried rising European military spending, which grew last year by the highest amount since the end of the Cold War amid pressure from

Pope Leo decries European military spending as 'betrayal' of diplomacy
Business|Economy|Finance|Technology

US Senate committee advances crypto bill in milestone for digital assets

The Republican-led Senate Banking Committee on Thursday advanced long-awaited legislation that would create regulations for cryptocurrencies - a landmark step for the

US Senate committee advances crypto bill in milestone for digital assets
Economy|Finance|Stock Markets|US|World

Dollar strengthens after data with Trump-Xi summit under way

The dollar climbed for a fourth straight day on Thursday, as economic data continued to shift market expectations away from a potential rate cut from

Dollar strengthens after data with Trump-Xi summit under way
Business|Economy|Finance|World

IMF staff heading to Ukraine to review $8.1 billion loan program in coming weeks

International Monetary Fund staff will visit Ukraine in coming weeks to review the country's progress in implementing economic reforms and broadening

IMF staff heading to Ukraine to review $8.1 billion loan program in coming weeks
Arts|Business|Crime|Economy|Technology|World

Cross-country scheme to steal cryptocurrency involved fake food orders and violent break-ins, prosecutors say

Cross-country scheme to steal cryptocurrency involved fake food orders and violent break-ins, prosecutors say

Cross-country scheme to steal cryptocurrency involved fake food orders and violent break-ins, prosecutors say
Africa|Economy|Environment|Health|Political|World

Over 40% of Sudan's population face high levels of acute food insecurity, monitoring group warns

A global hunger monitoring group reported that over 40% of Sudan's population faces acute food insecurity through May

Over 40% of Sudan's population face high levels of acute food insecurity, monitoring group warns
Arts|Business|Economy|Education|Entertainment|Lifestyle|Political|US|Videos|World

Trump administration will join a prayer gathering criticized for promoting Christian nationalism

President Donald Trump and several top administration officials are joining with a cast of mostly conservative Christian clergy this Sunday for a prayer gathering

Trump administration will join a prayer gathering criticized for promoting Christian nationalism
Business|Economy|Finance|Stock Markets|US

Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials

Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture

Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials
Business|Economy|Environment|Finance|Lifestyle|Stock Markets

Uber driver rejects more trips as gas tops $4 per gallon

Uber driver rejects more trips as gas tops $4 per gallon

Uber driver rejects more trips as gas tops $4 per gallon
Business|Economy|Environment|Technology|World

Honda just lost money for the first time in 70 years

Honda just lost money for the first time in 70 years

Honda just lost money for the first time in 70 years
Economy|Education|Environment|Health|Science

How much is a bat worth? Protecting these tiny insect-eaters isn’t just good for farms – their deaths cost taxpayers and the wider economy

When bats disappear, farms become less productive, and that has broad implications far beyond the crops.

How much is a bat worth? Protecting these tiny insect-eaters isn’t just good for farms – their deaths cost taxpayers and the wider economy
Business|Economy|Opinion|Political

How Trump plans to keep tariffs at the center of his economic policy despite stinging court losses

Rebuffed by the Supreme Court, President Donald Trump is seeking to exploit a different tariff tool to regain leverage. Whether it succeeds remains in question.

How Trump plans to keep tariffs at the center of his economic policy despite stinging court losses
Economy|Environment|Science|World

El Niño is coming faster than expected and chances are rising that it will be historically strong

El Niño is coming faster than expected and chances are rising that it will be historically strong

El Niño is coming faster than expected and chances are rising that it will be historically strong
Economy|Election|Political|US

Why a growing number of Trump supporters are experiencing voter’s remorse

Most Trump supporters remain in his camp, but some independents, young people and Black Americans who voted for the president in 2024 would not do so again in an election do-over.

Why a growing number of Trump supporters are experiencing voter’s remorse
Business|Economy|Finance|Stock Markets|US|World

Americans are shelling out for higher gas prices while cutting back on some goods

Americans are shelling out for higher gas prices while cutting back on some goods

Americans are shelling out for higher gas prices while cutting back on some goods
Business|Economy|Political|World

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast

The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast
Arts|Business|Economy|Entertainment|Lifestyle

OnlyFans is the star of TV’s hottest shows thanks to a messy economy

OnlyFans is the star of TV’s hottest shows thanks to a messy economy

OnlyFans is the star of TV’s hottest shows thanks to a messy economy
Business|Economy|World

White House scrambles for gas-price relief as Iran war drags on

Trump administration officials are scrambling to contain the economic and political fallout of the war with Iran, three people

White House scrambles for gas-price relief as Iran war drags on
Business|Economy|Environment|Political|World

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk

Iran’s foreign minister urged BRICS nations on Thursday to condemn what he called violations of international law by the United States

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk
Business|Economy|Finance|Stock Markets|World

China April new loans unexpectedly shrink as weak demand weighs

China’s new yuan loans contracted in April for the first time in nine months, sharply undershooting forecasts as seasonal factors and weak household

China April new loans unexpectedly shrink as weak demand weighs
Business|Economy|Technology

JPMorgan's bet on early-stage companies pays off in leading global tech investment banking

When Pattern Group co-founders David Wright and Melanie Alder needed $10 million for their startup in

JPMorgan's bet on early-stage companies pays off in leading global tech investment banking
Asia|Business|Economy|Political|World

China's Xi lauds 'new positioning' in ties with US

China's President Xi Jinping hailed on Thursday a "new positioning" of ties with the United States that envisages cooperation with

China's Xi lauds 'new positioning' in ties with US
Business|Economy|Finance|World

Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation

Investors are bracing for U.S.

Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation
Business|Economy|Technology|World

Foxconn reports forecast-beating 19% jump in Q1 profit on AI demand

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a 19% rise in first-quarter profit versus

Foxconn reports forecast-beating 19% jump in Q1 profit on AI demand
Asia|Business|Economy|World

Thai economic growth likely slowed in first quarter on tourism slump

Thailand's economic growth likely slowed in the first quarter of 2026 and was barely positive on a quarterly basis, according to a Reuters poll of

Thai economic growth likely slowed in first quarter on tourism slump
Business|Economy|World

India says safe, unimpeded maritime flows vital for global economic well-being

Indian Foreign Minister Subrahmanyam Jaishankar said on Thursday that "safe, unimpeded maritime flows" through international waters, including the Strait of Hormuz and

India says safe, unimpeded maritime flows vital for global economic well-being
Business|Economy|Finance|Political|World

Taiwan considers resubmitting request for rejected defence budget items

Taiwan's government said on Thursday it was considering resubmitting to parliament a request for items cut by lawmakers from a special defence budget given how crucial they

Taiwan considers resubmitting request for rejected defence budget items
Business|Economy|Finance|Stock Markets|World

India's wholesale inflation quickens to 3-1/2-year high of 8.3% as energy costs soar

India's wholesale price inflation rose unexpectedly to 8.3% in April, the fastest pace in three-and-a-half years, government

India's wholesale inflation quickens to 3-1/2-year high of 8.3% as energy costs soar
Asia|Business|Economy|Environment|World

China renews, then halts licenses for hundreds of US beef exporters amid Trump-Xi summit

Chinese customs appeared to have halted export clearances for hundreds of U.S. beef plants on Thursday, hours after Reuters

China renews, then halts licenses for hundreds of US beef exporters amid Trump-Xi summit
Business|Economy|Finance|Stock Markets|World

AI rally powers on, Trump-Xi summit takes centre stage

A look at the day ahead in European and global markets from Ankur Banerjee The record-setting AI-led rally appears to be chugging along just fine as investors shrug off the prospect of interest rates

AI rally powers on, Trump-Xi summit takes centre stage
Business|Economy|Science|Technology

AI boom puts SK Hynix on cusp of $1 trillion market value

SK Hynix is on the verge of topping a $1 trillion market value, just weeks after Samsung Electronics crossed the milestone, as

AI boom puts SK Hynix on cusp of $1 trillion market value
Business|Economy|Environment|Technology|World

Honda records its first-ever annual loss on a costly EV strategy

Honda says it racked up a full-year loss for the first time ever, losing $2.7 billion in the last fiscal year due to a costly electric-vehicle strategy

Honda records its first-ever annual loss on a costly EV strategy
Asia|Business|Economy|Environment|Finance|Political|World

BRICS foreign ministers meet in India as Iran war, oil prices and divisions test the bloc's unity

BRICS foreign ministers have started a two-day meeting in New Delhi

BRICS foreign ministers meet in India as Iran war, oil prices and divisions test the bloc's unity
Business|Economy|Technology|World

Honda posts first annual loss on $9 billion EV writedown, scraps EV sales goals

Honda Motor posted its first annual loss in nearly 70 years as a listed company on Thursday, hit by more than $9 billion in costs to restructure its

Honda posts first annual loss on $9 billion EV writedown, scraps EV sales goals
Asia|Business|Economy|Technology|World

Samsung Electronics urges union to resume talks as strike threat looms

Samsung Electronics on Thursday proposed that its South Korean labour union resume pay talks after government-mediated negotiations fell apart, a union leader said, citing a

Samsung Electronics urges union to resume talks as strike threat looms
Business|Economy|Finance|Stock Markets|US|World

China's yuan hits 3-year high, stocks dip, as investors await details from Trump-Xi summit

China's yuan edged up to a three-year high against the dollar on Thursday, while key stock indexes pulled away from recent peaks, as investors awaited more news from a

China's yuan hits 3-year high, stocks dip, as investors await details from Trump-Xi summit
Business|Economy|Finance|World

BOJ board member Masu calls for early rate hike, joins hawkish chorus

The Bank of Japan should raise interest rates as soon as possible if there are no clear signs of an economic slowdown, board member Kazuyuki Masu said in

BOJ board member Masu calls for early rate hike, joins hawkish chorus
Business|Economy|World

Asia Pacific banks face growing credit risks, raise provisions as Iran war drags on

Asia Pacific banks may have to raise their loan loss provisions further in the near-term as the Iran conflict

Asia Pacific banks face growing credit risks, raise provisions as Iran war drags on
Business|Economy|Science|Technology|World

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
Business|Economy|Environment|Finance|Stock Markets|World

BlackRock's GIP teams up with Temasek, Abu Dhabi heavyweights to target $30 billion in infrastructure deals

BlackRock's GIP has partnered with Singapore's Temasek and Abu Dhabi's

BlackRock's GIP teams up with Temasek, Abu Dhabi heavyweights to target $30 billion in infrastructure deals
Business|Economy|Europe|World

UK economy posts strong Q1, but Iran war casts shadow over outlook

Britain's economy grew unexpectedly in March to cap another strong first quarter, suggesting it was in better shape as the Iran war escalated

UK economy posts strong Q1, but Iran war casts shadow over outlook