No quick wins in tapping Venezuela's oil reserves

Venezuela would also have to reform its laws to allow for larger investment by foreign oil companies
4 January 2026, 06:58 AM
3 January 2026, 07:18 AM

Trump blocks chips deal, cites security, China-related concerns

Trump said HieFo was "controlled by a citizen of the People's Republic of China"
3 January 2026, 07:14 AM

Tesla loses EV crown to China's BYD in 2025 as sales slip

BYD said that it sold 2.26 million EVs last year
3 January 2026, 07:11 AM

Drugmakers raise US prices on 350 medicines despite pressure from Trump

The number of price increases for 2026 is up from the same point last year
1 January 2026, 08:16 AM

Dire year for dollar has little light at end of tunnel in 2026

The dollar typically falls when the Fed cuts rates as lower US interest rates make dollar-denominated assets less attractive to investors
1 January 2026, 07:15 AM

Crisis-hit Sri Lanka's inflation falls way below target

Sri Lanka has been slowly emerging from its worst economic meltdown in 2022
1 January 2026, 07:12 AM

Fed minutes say most officials see likelihood of further rate cuts

Officials voted 9-3 to lower rates by a quarter percentage point this month
31 December 2025, 09:34 AM

China's factory activity edges up, snapping 8-month slide

A key measure of industrial health, the manufacturing purchasing managers' index came in at 50.1 this month
31 December 2025, 07:01 AM

US economy to ride tax cut tailwind but faces risks

Trump's One Big Beautiful Bill also gives companies a range of credits and tax breaks
30 December 2025, 06:20 AM

Gold bounces from two-week low as thin trade sparks volatile moves

US gold futures for February delivery were up 1.1 percent at $4,392.0/oz
30 December 2025, 06:13 AM

China says to launch digital currency action plan

The plan also includes a proposal to establish an international digital yuan operations centre
29 December 2025, 06:00 AM

China's BYD poised to overtake Tesla in 2025 EV sales

Shenzhen-based BYD had sold 2.07 million EVs so far in 2025
29 December 2025, 05:56 AM

Oil falls 2% on looming supply glut, hopes of Ukraine peace deal

Brent crude futures settled down $1.60 or 2.57 percent to $60.64 per barrel
28 December 2025, 05:44 AM

Silver crosses $77 mark while gold, platinum stretch record highs

Spot gold was up 1.2 percent at $4,531.41 per ounce
27 December 2025, 05:27 AM

China's industrial profits tumble at fastest pace in over a year

Profits fell 13.1 percent year-on-year in November, accelerating from a 5.5 percent drop in October
27 December 2025, 05:17 AM

Wall Street closes near record highs; precious metals rise

Megacap tech companies have driven the S&P 500 higher in 2025
27 December 2025, 05:08 AM

From OpenAI to Nvidia, firms channel billions into AI infrastructure as demand booms

Nvidia has agreed to license technology from AI startup Groq for use in some of its artificial intelligence chips
27 December 2025, 04:57 AM

US weekly jobless claims fall, but more people collecting unemployment checks

The labor market remains locked in what economists and policymakers describe as a "no hire, no fire" mode
25 December 2025, 07:36 AM

US economic growth surges in 3rd quarter, highest rate in two years

The report also showed the price index for domestic purchases rose 3.4 percent
24 December 2025, 05:40 AM