Nvidia may back $250b for OpenAI data centre
REUTERS
28 July 2026, 00:00 AM Global Economy
Chinese chipmaker CXMT soars 500% on stock debut
AFP, Shanghai
28 July 2026, 00:00 AM Global Economy
China industrial profits grow, but pace slows
REUTERS, Beijing
28 July 2026, 00:00 AM Global Economy
Oil prices sink as US-Iran pause fuels fresh Hormuz hopes
AFP, Hong Kong
27 July 2026, 11:59 AM Business
This wave of Trump tariffs is likely here to stay; more are coming
REUTERS, Washington
27 July 2026, 00:00 AM Global Economy

China Eastern crash could set back Boeing’s China recovery

The deadly crash of a China Eastern Airlines 737-800 could set back Boeing’s efforts to regain ground in the world’s biggest aircraft market and deliver more than 140 737 MAX jets already constructed for Chinese customers.
22 March 2022, 18:00 PM

Sri Lanka sends troops to oversee fuel distribution

Sri Lanka ordered troops to petrol stations Tuesday as sporadic protests erupted among the thousands of motorists queueing up daily for scarce fuel.
22 March 2022, 18:00 PM

US drought pushes cotton prices to ten-year high

Cotton prices rose to their highest level in more than a decade on Monday, due to a prolonged drought in parts of the central United States.
22 March 2022, 18:00 PM

Indian banks to start debt recovery proceedings against Future Retail

Indian lenders are set to initiate debt recovery proceedings against Future Retail this week to safeguard their interests after rival Reliance unexpectedly took over some of the retailer’s stores, two bankers told Reuters.
22 March 2022, 18:00 PM

China to boost renewable power

China aims to increase renewable power, maintain crude oil output and boost natural gas production, as it seeks to balance energy security and achieve its climate change goals.
22 March 2022, 18:00 PM

German producer prices jump by record 25.9pc

German producer prices maintained their record-breaking rise in February, increasing 25.9 per cent year on year mainly because of energy prices, Federal Statistics Office data showed on Monday.
21 March 2022, 18:00 PM

Pressed to choose sides, China trade favours West

US President Joe Biden’s warning of  “consequences” for any aid China may give to Russia’s Ukraine war effort could force Chinese President Xi Jinping to choose between a longstanding lucrative trade relationship with the West and a growing strategic partnership with Moscow.
21 March 2022, 18:00 PM

Japan presses UAE to pump more oil

Japan on Sunday urged the United Arab Emirates to pump more oil to calm markets rocked by Russia’s invasion of Ukraine, the latest major consumer to lobby Gulf producers.
21 March 2022, 18:00 PM

US, UK officials kick off fresh dialogue on smarter trade ties

US and British officials will begin two days of meetings in Baltimore on Monday to discuss strengthening trade ties, as the United States and its allies ratchet up pressure on Russia over its war in Ukraine and China for failing to condemn it.
21 March 2022, 18:00 PM

China keeps lending benchmark unchanged

China kept its benchmark interest rate for corporate and household lending unchanged on Monday, as expected, although analysts say the case for monetary stimulus is building amid mounting external risks to an already slowing economy.
21 March 2022, 18:00 PM

Oil prices jump above $111 as EU mulls ban

Oil prices jumped more than $4 on Monday, with Brent crude climbing above $111 a barrel, as European Union nations considered joining the United States in a Russian oil embargo and after a weekend attack on Saudi oil facilities.
21 March 2022, 18:00 PM

Thailand eases Covid test to boost tourism

Travellers to Thailand will no longer have to take a Covid-19 test before boarding the plane, under plans announced Friday as part of efforts to reboot the kingdom’s pandemic-battered tourism sector.
20 March 2022, 18:00 PM

Poland to ‘de-Russify’ economy

Poland will take steps to sever economic ties with Moscow, the prime minister said on Friday, in a process of  “de-Russification” in response to Russia’s invasion of Ukraine.
20 March 2022, 18:00 PM

Myanmar junta approves sale of Telenor subsidiary

Myanmar’s junta has approved the sale of Norwegian telecoms giant Telenor’s Myanmar subsidiary to Lebanese conglomerate M1 Group, both companies said on Friday, in a move activist groups warn could put sensitive customer data in the hands of the military.
20 March 2022, 18:00 PM

Saudi Aramco’s profit more than doubles

Energy giant Saudi Aramco said Sunday its 2021 net profit soared by more than 120 per cent, due to higher crude prices, as global economic growth recovered from a pandemic-induced downturn.
20 March 2022, 18:00 PM

India’s oil imports from US to rise

India’s oil imports from the United States will rise by 11 per cent this year, officials said on Saturday, as the severely energy-deficient country looks to secure supplies from producers around the world, including heavily sanctioned Russia.
20 March 2022, 18:00 PM

Global lenders see widespread economic fallout

The International Monetary Fund, the World Bank and other top global lenders warned Friday of  “extensive” economic fallout from Russia’s invasion of Ukraine and expressed horror at the  “devastating human catastrophe”.
19 March 2022, 18:00 PM

Food price spikes may push 40m into extreme poverty

Massive price spikes for food and energy sparked by Russia’s invasion of Ukraine will push over 40 million people into extreme poverty, the Center for Global Development (CGDEV) said on Friday, warning against export curbs and sanctions on Russian food production.
19 March 2022, 18:00 PM

Govt makes $22.4m insurance claim

Bangladesh Shipping Corporation (BSC) is seeking $22.4 million from its insurer for a cargo ship hit by a missile in March, government officials with knowledge of the talks said, in the first major marine insurance claim from the conflict in Ukraine, reported Reuters.
19 March 2022, 18:00 PM

Rouble down near 25pc in 4 weeks

The Russian rouble fell in light trading in Moscow on Friday, with trading on separate exchanges stabilising beyond 100 to the dollar, after the central bank opted to hold rates at 20 per cent and said it would start purchasing OFZ government bonds.
19 March 2022, 18:00 PM