Powell offered no hints on whether he might support a rate cut at the Fed's next meeting, in October
"That caught everyone off guard," Dimon said in a CNBC-TV18 interview. "And so we had a lot of phone calls over the weekend. What does it mean?"
The full impact from an overall effective tariff rate imposed by the White House of 19.5 per cent - the highest since 1933 - has yet to be felt, officials said
We have made this decision to give clarity for the coming week as we build the timeline for the phased restart of our operations and continue our investigation, the company said
Boeing has been working toward finalising a deal with China to sell as many as 500 aircraft, in a transaction that would end a sales drought that stretches back to Trump's last visit in 2017
LA judge said testimony for all but one of 11 proposed witnesses could be presented at trial, but that all of the experts would be prohibited from discussing the intent of the social media companies
By 2030, AI companies will need $2 trillion in combined annual revenue to fund the computing power needed to meet projected demand, Bain said in its annual Global Technology Report
Countries locked in tariff talks with Trump are hesitant to spark another trade war with China, giving Beijing relief from US levies once expected to slash its annual growth rate
GQG Partners sold about 35 million shares, or about a 1 per cent stake, with SBI Mutual buying most of the shares
US lenders including Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc. are among the biggest employers of India's so-called global capability centers
The group's next foreign currency bond sale will likely be a dollar bond, said group Chief Financial Officer Jugeshinder Singh
India has borne the brunt of policy changes by the US administration, with a 25 per cent reciprocal levy on the country being doubled because of its purchases of Russian oil
The potential dent in remittances could put further pressure on the rupee, which has already been among Asia's worst performers
Indians account for more than 70 per cent of all H-1B visas. A steep $100,000 entry fee, paid by employers, for every worker entering the US under the programme will effectively gut it
The Japanese automaker says the most advanced iteration of its driver-assist technology will be on par with Tesla Inc.'s Full Self-Driving
South Asia stayed calm as the upper-middle class aspired to a globalised life, but slowing growth, tech shifts, and travel limits, amplified by TikTok and Instagram, are stoking frustration
China's growing influence in Africa is boosting its popularity, securing access to critical minerals, and investing in EV battery production, outpacing Western rivals in the resource race
China's $38 bn medical aesthetics sector may face a price war, following trends in other industries that gave shoppers 50-cent meals and $4,200 electric vehicles, pushing costs sharply down
Over the past year, some Chinese insurers have hiked premiums or backed away from selling EV policies, leaving vehicle owners struggling to find affordable coverage
The government wants to develop so-called bodyguard satellites to identify and counter threats to orbiting spacecraft