On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
The United States has crossed a fiscal landmark that would have seemed extraordinary less than a decade ago. Federal debt has moved above $40 trillion, reaching about $40.05 trillion in August 2026, according to Treasury data. The figure is more… Read More ›
China’s humanoid robotics industry is entering a more consequential stage as manufacturers try to prove that machines built to resemble people can perform useful work outside exhibition halls. At the World Robot Conference in Beijing, companies demonstrated robots sorting parcels,… Read More ›
India’s newly introduced Closing Auction Session is facing its first major regulatory test after the securities regulator moved against two market participants accused of using the new mechanism to influence stock prices on a derivatives expiry day. The action involving… Read More ›
India’s securities regulator is considering a broad set of trading reforms as foreign investors continue to reduce their exposure to Indian equities, according to people familiar with the discussions. The proposed changes are aimed at making the country’s cash and… Read More ›
Microsoft’s retreat from parts of its China business reflects a deeper problem facing American technology companies operating between two increasingly separate technology systems. The company has closed at least 15 offices and joint ventures over the past five years and… Read More ›
Global oil reserves are facing an unprecedented test as the United States-Iran war continues to disrupt production, exports and shipping routes across the Gulf. The immediate question is not whether the world has enough oil underground, but whether enough usable… Read More ›
India’s leading automobile manufacturers privately raised concerns about contaminated petrol reaching vehicles even as the industry publicly supported the government’s nationwide transition to E20 fuel, according to internal communications and testing data reviewed in recent reporting. The findings are significant… Read More ›
Britain’s artificial intelligence boom is beginning to show up in economic data, but the early gains reveal a more complicated story than a simple technology-led recovery. Recent figures show strong growth in computer programming and related services, a sharp increase… Read More ›
Europe’s increasingly severe summer heat is becoming an economic variable that financial markets can no longer treat as a temporary weather disturbance. Record temperatures, drought and wildfires are disrupting river transport, agricultural production and parts of the energy system, creating… Read More ›
The sharp deterioration in the United States jobs market has complicated the Federal Reserve’s emerging case for higher interest rates, forcing investors to reconsider expectations for a September increase even as inflation remains well above the central bank’s target. The… Read More ›
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