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’s Lithuania blockade hits other EU exports

EU Trade Commissioner Valdis Dombrovskis warned that a Chinese blockade of Lithuania’s exports over a dispute about Taiwan was increasingly affecting firms from other EU countries, in an interview published Friday.
25 December 2021, 18:00 PM

Japan prices rise for third straight month

Japan’s core consumer prices rose 0.5 per cent year-on-year in November, the third monthly increase after two modest hikes of 0.1 per cent driven partly by higher fuel prices, government data showed Friday.
25 December 2021, 18:00 PM

US economy shows strength heading into Covid-19 winter wave

The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market tightens, while consumer spending increased solidly, putting the economy on track for a strong finish to 2021.
25 December 2021, 18:00 PM

Omicron, inflation cloud 2022 US profit picture

Profit growth for US corporations is expected to slow next year after a gangbuster 2021, with rising inflation and a rapidly spreading Covid-19 variant adding to uncertainty as investors try to justify stock prices trading near record highs.
25 December 2021, 18:00 PM

China’s top real estate regulator vows to tackle property delivery risks

China’s top real estate regulator vowed to resolutely tackle risks stemming from overdue delivery of residential properties by some top developers in a bid to maintain social stability, the official Xinhua News Agency reported on Saturday.
25 December 2021, 18:00 PM

Turkish lira caps historic week with big lift from Erdogan government

Turkey’s lira closed out its strongest week on record on Friday, spiking more than 50 per cent with the support of billions of dollars of state-backed market interventions and a promise that the government would cover FX losses on certain deposits.
25 December 2021, 18:00 PM

Asset bubbles? Champagne outfizzes Big Tech and bitcoin in 2021

You might be tempted to pop corks if you’ve invested in vintage champagne this year - the most coveted bottles have outperformed all major financial market assets, from Big Tech to bitcoin.
25 December 2021, 18:00 PM

China proposes tighter rules but no ban for offshore listings

China’s securities watchdog on Friday proposed tightening rules governing Chinese companies listing abroad, which it said would improve oversight while allowing them to continue to do so, the latest in a spate of regulatory moves by Beijing in 2021.
25 December 2021, 18:00 PM

US consumers more confident in December despite Omicron

American consumers were even more confident about the economy in December and less concerned about inflation, despite the rise of the Omicron variant of Covid-19, according to a survey released Wednesday.
23 December 2021, 18:00 PM

US extends pause on student loan repayment

President Joe Biden said on Wednesday that his administration was extending the pause on student loan repayment for an additional 90 days, citing the impact of the Covid-19 pandemic.
23 December 2021, 18:00 PM

China regulator suspends cyber security deal with Alibaba Cloud

Chinese regulators on Wednesday suspended an information-sharing partnership with Alibaba Cloud Computing, a subsidiary of e-commerce conglomerate Alibaba Group, over accusations it failed to promptly report and address a cybersecurity vulnerability, according to state-backed media reports.
23 December 2021, 18:00 PM

EU details crackdown on shell companies

The European Commission Wednesday outlined planned tougher rules on shell companies alongside details of its implementation of an international agreement to impose a minimum 15-percent tax on big multinationals.
23 December 2021, 18:00 PM

Biden says govt averted US holiday supply chain ‘crisis’

President Joe Biden argued Wednesday that by working with shipping firms and unions, his administration helped prevent a feared shortage of gifts for the holidays.
23 December 2021, 18:00 PM

Canada expands aid to fight Omicron

Canada will temporarily expand support programs to help people and businesses hit by the Omicron variant of Covid-19, Ottawa said on Wednesday, warning people that worse was to come as the virus spreads.
23 December 2021, 18:00 PM

Russians face soaring costs and tough choices in 2022

Walking through a freezing market in Moscow earlier this month, 60-year-old Sergei Borisovich recalled that he rang in the last New Year at a table laden with festive delicacies.
22 December 2021, 18:00 PM

Cuba announces 2021 inflation over 70pc

Cuba’s inflation will end 2021 at over 70 per cent -- one of the highest in the world -- economy minster Alejandro Gil said on Tuesday, insisting it was due to deliberate monetary policy.
22 December 2021, 18:00 PM

Supply chain woes strain US trucking

It had been a challenging day on the road and Desi Wade was ready for dinner. But as he pulled into a truck stop, Wade encountered a familiar frustration in the overstressed industry.
22 December 2021, 18:00 PM

Natural gas prices hit fresh record peaks

European and UK gas prices rocketed Tuesday to all-time highs on strong winter demand and simmering geopolitical tensions between key supplier Russia and consumer nations.
22 December 2021, 18:00 PM

Most Asian markets build on rally

Most Asian markets rose Wednesday, extending a global rally after their latest sell-off as investors assess the impact of the fast-spreading Omicron variant.
22 December 2021, 18:00 PM

UK economy recovery slows

Britain’s economic recovery from pandemic fallout slowed more sharply than previously thought in the third quarter even before the arrival of the Omicron variant, official data showed Wednesday.
22 December 2021, 18:00 PM