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Hedging Chinese EV makers get costly with imminent tariffs from EU

After the US said in May it was planning to nearly quadruple tariffs, the European Union this month notified companies including BYD and Geely it will slap levies

Apple rejected idea of iPhone AI partnership with Meta months ago

The two companies aren't in discussions about using Meta's Llama chatbot in an AI partnership

JPMorgan India Bank CEO Prabdev Singh quits before end of term: Report

Singh, popularly known as PD, had received regulatory approval in January 2023 for a three-year term as CEO of JPMorgan Chase Bank India

Russia summons US envoy over 'barbaric' missile strike on Crimea: Report

Russia, which began a full-scale invasion of Ukraine in February 2022, seized Crimea in 2014

Bitcoin extends drop after one of crypto's worst weeks of 2024: Report

A gauge of the largest 100 digital assets fell about 5% in the seven days through Sunday, the steepest such slide since April, data compiled by Bloomberg show

Jain Global raises $5.3 billion in biggest hedge fund debut since 2018

Jain Global will start trading July 1, according to people familiar with the matter. Investors include endowments, foundations, family offices, bank wealth platforms and sovereign wealth funds

Vedanta mulls first dollar bond sale of $500 mn in debut overseas issuance

The company is also exploring other avenues of fundraising, including equity sales and local currency loans from domestic banks, the people said

Bond investors positioned for India's index inclusion: Morgan Stanley

India's index-eligible bonds have attracted $10 billion since the inclusion was announced in September

China's new-age automakers live-stream to interact with potential customers

"If you're not livestreaming these days you're kind of a dinosaur," said Mark Tanner, managing director of Shanghai-based marketing firm China Skinny

Future beyond software: How can India bring next wave of lucrative jobs?

Policymakers in New Delhi have their sight on China's factory-to-the-world crown. They are spending $24 billion over five years on production-linked incentives

Post-pandemic travel boom to sustain high airfares, says new AirAsia boss

The global aviation industry has been transformed as the post-pandemic reopening unleashed a wave of pent-up travel demand that's sent ticket prices surging faster than inflation

Switch to India's longer-dated bonds extends as index inclusion date nears

While news of Modi's poor electoral showing triggered a bond selloff, the market later recovered after cabinet appointments including FM Sitharaman were seen to indicate no change

Formula 1 and Amazon aim for AI-powered 'personalized' race viewing

Vying against other sports, streaming shows, TikTok and video games, the battle for attention has never been so intense

Global investors turn cautious on once favourite Japanese stocks

Foreign investors, who helped push up Japanese shares to a record high just a few months ago and beat overseas peers, became net sellers for a fourth straight week through June 14

China, European Union agree to hold talks on move to impose EV tariffs

Earlier this month, the EU announced plans to impose levies as high as 48% on EVs shipped from China as of July, fueling trade tensions with the Asian nation

Affluent Latin Americans, tourists draw hotel investments to Madrid

The home of the Real Madrid stadium and the Prado museum is now ranked the second most-attractive city in Europe for hotel investments behind London

Fed Reserves' key inflation gauges may offer path to rate cuts in September

At the same time, the labour market - the other part of the Fed's dual mandate - is still plugging along, albeit in a lower gear

US elections: Trump urges Christians to boost turnout, courts black voters

Trump went on to complain that gun-rights activists also didn't vote in high enough numbers, and said ballot drop-off boxes should be placed inside of churches

US elections: Trump says he's chosen a vice-president, but hasn't told them

The presumptive Republican presidential nominee has previously said he would announce his choice at or shortly before the Republican National Convention, which begins July 15 in Milwaukee

Donald Trump no more 'broke don' as fundraising race shifts his way

Joe Biden, who had no major primary rivals nor an army of attorneys to pay, has built up a $212 million war chest, a record amount for a Democratic candidate