The central bank has also undertaken massive liquidity injections which have translated into deeper easing by pushing market rates below the policy rate
Officials in Beijing acknowledged that tariff hikes implemented by US President Donald Trump have disrupted the global air transport market
InCred Financial plans to file documents soon for a share offering in Mumbai that might take place by October, the people said
Hong Kong must expand yuan-denominated options to attract asset inflows, leveraging its liquidity edge over Singapore in the race for wealthy investors
The stern remarks show China intends to resist pressure to enter trade talks even as US Treasury Secretary Scott Bessent suggests Washington could ban certain exports to China to gain leverage
If Trump's tariffs persist, they could severely impact business models of Temu, Shein, Alibaba's global units, and thousands of small Chinese exporters reliant on the US market
It's unclear what caused the initial disruption or why it cascaded so dramatically into a widespread failure. But, notably, Spain has been one of the leaders in rolling out wind and solar generation
Onodera, a former Japan defence minister, stressed the need to reinforce defence cooperation with the US amid growing threats, including from Beijing
By the time Prime Minister Pedro Sanchez finally addressed the nation six hours later, people in downtown Madrid were gathering around the old-fashioned transistor radio to get the latest news
Overseas investors turned net buyers in mid-April, drawn to the nation as a relative haven from tariff uncertainty
With talks between Iran and the US over the Islamic Republic's atomic activity showing signs of progress, top Iranian officials are for the first time overtly promoting their economy to White House
Carney's triumph represents a stunning turnaround for the Liberals, a party that has governed Canada for most of the past century but seemed on track for a historic electoral drubbing
The five-year facility is split into a $111 million term loan and a $25 million revolving credit facility, said the people, who asked not to be identified discussing private matters
In 2025, a new atomic arms race is stirring, this time not provoked by Russia, China or North Korea but instead by President Donald Trump's trade war
Starting Monday, travelers can fill up the Thailand Digital Arrival Card for trips beginning Thursday. The online card replaces the previously used paper form, and is mandatory for all foreigners
Designed specifically for big AI projects, Gefion - named after the Norse goddess of fertility - was funded to the tune of $87 million by Novo's nonprofit foundation, in partnership with Nvidia Corp
Going through the US border was already an intimidating experience, and now it has gotten terrifying
North Korea's Central Military Commission said the decision to join the war was in line with the two countries' mutual defence treaty sealed last year
The dicey environment has pushed Abhishek Singh, who oversees over $2 billion of assets at DSP Mutual Fund, to increase cash holdings in a large cap fund to nearly 13 per cent as of March-end