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

Traders scour markets for protection amid Ukraine tensions

Unnerved by the sabre-rattling between Russia and the West over Ukraine, traders are scouring global markets for investments that could provide them with protection against losses in case the conflict escalates.
7 February 2022, 18:00 PM

State Bank of India’s profits jump 62pc

State Bank of India, the country’s largest lender by assets, reported a 62.3 per cent rise in third-quarter profit on Saturday, the Mumbai-based lender said in a regulatory filing, helped by lower provisions.
6 February 2022, 18:00 PM

China’s auto exports double in 2021

China’s automobile exports doubled year on year to nearly 2.02 million units in 2021, latest data from the China Association of Automobile Manufacturers showed.
6 February 2022, 18:00 PM

IBBL clinches remittance award

Islami Bank Bangladesh Ltd (IBBL) has received the Gold Award in the Remittance Award-2021 and 2022 by the Centre for NRB, a non-profit research organisation for non-resident Bangladeshis.
6 February 2022, 18:00 PM

Dubai plans to cut carbon emissions 30pc by 2030

Dubai plans to cut carbon emissions by 30 per cent by the end of 2030, the emirate’s government media office said on Sunday on its website.
6 February 2022, 18:00 PM

Ford curbs production as chip shortage hits

Ford will cut its North American vehicle production next week due to a semiconductor shortage, US media reported Saturday.
6 February 2022, 18:00 PM

Europe’s carbon price nears 100- euro milestone

The price of permits in the European Union’s carbon market closed at a record high above 96 euros on Friday, with analysts expecting the symbolic 100 euro level could soon be breached.
6 February 2022, 18:00 PM

Exxon eyes more gas supply deals with India

Global energy major ExxonMobil is looking at signing more long-term gas sales deals with India as rising spot prices have added to the appeal of longer duration contracts.
6 February 2022, 18:00 PM

India’s state coal giant plans bulk exports for first time

Coal India Ltd, the world’s largest coal miner, plans to directly export output to neighbouring countries, according to sources and documents seen by Reuters, after decades of exclusively supplying domestic consumers.
6 February 2022, 18:00 PM

China joins industrial design IP treaty

China has joined the World Intellectual Property Organization’s treaty on protecting industrial designs, which should help Chinese designers safeguard their work internationally, the UN agency said Saturday.
6 February 2022, 18:00 PM

US labour market shrugs off Omicron

The US economy created far more jobs than expected in January but despite the disruption to consumer-facing businesses from a surge in Covid-19 cases, pointing to underlying strength that should sustain the expansion as the Federal Reserve starts to raise interest rates.
5 February 2022, 18:00 PM

UK regulator hands Meta new fine

Britain on Friday ordered Facebook parent Meta to pay another £1.5 million for breaching regulatory rules over its acquisition of animated graphics startup Giphy.
5 February 2022, 18:00 PM

Bitcoin mimics stocks rally, hits 2-week high

Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in a recovery in risk appetite and a rally in stock markets.
5 February 2022, 18:00 PM

Tech slump forces IPO hopefuls to consider Plan B

The window for technology companies to list their shares is closing. Falling stocks have depressed valuations and made investors pickier about new listings. Private firms will have to reluctantly consider Plan B.
5 February 2022, 18:00 PM

Oil prices extend gains as markets weigh strong US jobs data

Stocks were mixed Friday as markets weighed a surprisingly good US jobs report against concerns over tighteningmonetary policy, while oil prices pushed closer to $100 a barrel.
5 February 2022, 18:00 PM

Bank of England calls for wage restraint to fight inflation

Two top Bank of England officials stressed on Friday the need for restraint on pay rises, drawing an icy reaction from unions and government, a day after the BoE sought to head off inflation running at a 30-year high by raising interest rates again.
5 February 2022, 18:00 PM

IMF says it is ready to help Sri Lanka

The International Monetary Fund is ready to discuss “options” with Sri Lanka if the government asks for financial support, its mission chief for the island told AFP on Thursday.
5 February 2022, 18:00 PM

Putin hails $117.5b of China deals as Russia squares off with West

Russian President Vladimir Putin unveiled new Russian oil and gas deals with China worth an estimated $117.5 billion on Friday, promising to ramp up Russia's Far East exports at a time of heightened tension with European customers over Ukraine.
5 February 2022, 12:16 PM

Sri Lanka seeks IMF advice amid worsening crisis

Sri Lanka has asked for  “advice” from the International Monetary Fund amid a worsening economic crisis, the finance minister said Wednesday, signalling Colombo could seek an international bailout.
3 February 2022, 18:00 PM

Meta’s profit slips as Facebook loses users

Facebook’s parent firm Meta on Wednesday delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its ad business that plunged shares some 22 per cent in after-hours trading.
3 February 2022, 18:00 PM