Business
Australia shares hit near two-month high on boost from banks
AUSTRALIAN shares touched a two-month high on Friday, on track for a seven-day rally, as gains in financials overshadowed the decline in…
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Business
Apple expects US$900 million tariff hit as shifts US iPhone supply to India
Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting…
Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Business
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial…
Business
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…
Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
Business
How Spain and Portugal’s economies could be hit by the blackout
Many workers were forced to leave their posts in Spain and Portugal on Monday after a major power cut affected phone lines, internet…
News
Spain and Portugal hit by nationwide power outages
Spain and Portugal have been hit by a power outage covering wide areas across the two countries. Capitals Madrid and Lisbon are included…
Business
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high…
Business
Bank of Japan to hit pause on rate-hike path as economic risks mount
The Bank of Japan (BOJ) is widely expected to signal a pause in policy normalisation this week as US tariffs heighten global uncertainty,…
Politics
'Chaos created by uncertainty.' Tariffs hit a company that lights Hollywood — and Congress
For two decades, Jim Sanfilippo has designed high-wattage, specialized LED lights for stadiums, the U.S. House of Representatives and…
Business
Europe: Shares hit three-week high as US-China trade tensions ease
European shares ended at a three-week high on Friday (Apr 25), notching up their second straight weekly gain as signs of a potential…
News
We may have already hit peak booze
Without noticing it, humanity has passed a remarkable milestone: alcohol consumption has gone into possibly permanent decline. That’s a…
Politics
Boeing ready to resell jets as tariffs hit China trade
[SEOUL/PARIS] Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to…
Politics
Transcript: Trump’s “Madness” on Tariffs Darkens as More Bad Polls Hit
Long: It’s one of the reasons that the U.S. dollar has been the global reserve currency. It’s one of the reasons that during the great…
Business
Indian banks hit record as new RBI liquidity rules boost outlook
The rally – led by private lenders – reflects growing investor confidence that the sector’s credit growth is recovering from last year’s…
Politics
China plastic plants face closure risk as tariffs hit US ethane
Chinese plastics factories that depend on a gas they mainly import from the US are contending with the prospect of shutdowns as the…
News
Braves Fans Can't Believe Yankees Castoff Hit Leadoff in Debut for Atlanta
By JON VANKIN is a journalist and writer. He is the author of five nonfiction books and nine graphic novels. His writing has appeared in…
Business
Malaysia's Petronas secures extra gas supply after hit from Putra Heights pipeline fire
Malaysian oil and gas giant Petroliam Nasional said on Wednesday (Apr 16) it has secured additional gas supplies to minimise supply…
Politics
Trump’s Case Against Man Deported in “Error” Just Took Another Big Hit
Abrego Garcia was not charged with a crime, and on the basis of his undocumented status was transferred to Immigration and Customs…
News
French prisons hit by mystery arson and gunfire attacks
A wave of coordinated attacks have hit prisons across France, with unknown assailants torching cars outside several jails, leaving…
Business
New Zealand central banker says inflation hit from higher tariffs ‘more ambiguous’
Since the start of April, global markets have been rocked by volatility, while policymakers have been grappling with heightened recession…