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China's development lender AIIB plans to open Singapore, Hong Kong offices

The bank may announce the move at its annual meeting in June if it can finalise the host member agreements with their respective governments

China's development lender AIIB plans to open Singapore, Hong Kong offices
Updated On : 28 May 2025 | 10:48 PM IST

Opec+ to gather for quota review before key decision on July output

The more market-sensitive discussion on whether to continue their 411,000 barrel-a-day hikes, which have sent prices crashing over the past two months, will be finalised in a video conference

Opec+ to gather for quota review before key decision on July output
Updated On : 28 May 2025 | 1:16 PM IST

US risks future by curbing foreign students, warns Raghuram Rajan

Rajan warned that squeezing foreign students could impact job growth, noting that companies like Alphabet Inc's Google employ thousands, thanks in part to immigration-linked talent pipelines

US risks future by curbing foreign students, warns Raghuram Rajan
Updated On : 28 May 2025 | 10:24 AM IST

Germany to introduce legislation to abolish fast-track path to citizenship

The cabinet is expected on Wednesday to approve a bill put forth by Interior Minister Alexander Dobrindt to get rid of expedited citizenship

Germany to introduce legislation to abolish fast-track path to citizenship
Updated On : 28 May 2025 | 10:12 AM IST

University of California next target of Donald Trump's antisemitism probe

The University of California abhors antisemitism and is working to eradicate it across the system, said Rachel Zaentz, senior director of strategic and critical communications

University of California next target of Donald Trump's antisemitism probe
Updated On : 28 May 2025 | 8:17 AM IST

US govt set to get golden share in US Steel-Nippon Steel acquisition deal

The plan, which would give the government de facto veto rights on certain company decisions and appointments, is part of ongoing talks between authorities and the companies

US govt set to get golden share in US Steel-Nippon Steel acquisition deal
Updated On : 28 May 2025 | 8:06 AM IST

Elon Musk must face lawsuit over power as Trump's aide, says judge

The judge found that the Trump administration had adopted a perverse reading of the US Constitution's system of checks and balances and appeared to sanction unlimited executive power

Elon Musk must face lawsuit over power as Trump's aide, says judge
Updated On : 28 May 2025 | 7:58 AM IST

Pete Hegseth imposes fresh restrictions on reporter access to Pentagon

Hegseth said he was imposing the restrictions to protect classified national intelligence information, or CNSI

Pete Hegseth imposes fresh restrictions on reporter access to Pentagon
Updated On : 28 May 2025 | 7:46 AM IST

Japan loses world's top creditor spot to Germany after 34-year reign

Japan's net external assets hit ¥533.05 trillion ($3.7 trillion) in 2024, a 13% rise from last year, but it was surpassed by Germany, which now leads in net external assets

Japan loses world's top creditor spot to Germany after 34-year reign
Updated On : 27 May 2025 | 11:27 PM IST

HDB Financial Services likely to get Sebi nod for $1.5 billion IPO

The Securities and Exchange Board of India's approval is set to be made public in the coming weeks, the people said, asking not to be named discussing a private matter

HDB Financial Services likely to get Sebi nod for $1.5 billion IPO
Updated On : 27 May 2025 | 7:56 PM IST

Donald Trump's Golden Dome risks 'space nuclear war,' says North Korea

Last month, Trump said he plans to reach out to North Korea "at some point" and reiterated that he has a "very good relationship" with leader Kim Jong Un

Donald Trump's Golden Dome risks 'space nuclear war,' says North Korea
Updated On : 27 May 2025 | 8:37 AM IST

King Charles visits Canada amid Trump's calls for 51st state status

The pageantry of the occasion also came with subtle nods to the fraught politics, coming after Trump's repeated calls for Canada to become the 51st US state

King Charles visits Canada amid Trump's calls for 51st state status
Updated On : 27 May 2025 | 7:28 AM IST

National Stock Exchange offers $118 mn to settle Sebi case, revive IPO

The NSE in October paid Rs 6,400 crore to the regulator to settle a case involving alleged unfair access to its trading platform

National Stock Exchange offers $118 mn to settle Sebi case, revive IPO
Updated On : 26 May 2025 | 10:57 PM IST

Shorter Indian bonds set to gain further on RBI's record dividend payout

The yield on the five-year note has declined more than 50 basis points since April 1, outpacing the 33 basis-point decline on the 10-year note

Shorter Indian bonds set to gain further on RBI's record dividend payout
Updated On : 26 May 2025 | 3:06 PM IST

Israel eying to take over 75% of Gaza in two months as war intensifies

The offensive is aimed at finally defeating Hamas, or forcing the exile of its leadership, and pressing the militant group to release the remaining hostages taken in Hamas' attack on Oct 7, 2023

Israel eying to take over 75% of Gaza in two months as war intensifies
Updated On : 26 May 2025 | 9:24 AM IST

Chinese electric trucks, machines set to build global cities of future

Work vehicles have tended to fly below the radar in discussions of urban emissions, but their vast size and power requirements give them a disproportionate share of engine pollution

Chinese electric trucks, machines set to build global cities of future
Updated On : 26 May 2025 | 9:19 AM IST

Trump tariffs loom over Asean Summit as ties with China strengthen

Trade and economic cooperation will likely dominate the agenda of the 10-nation Association of Southeast Asian Nations summit taking place in Kuala Lumpur, along with conflicts in Gaza and Myanmar

Trump tariffs loom over Asean Summit as ties with China strengthen
Updated On : 26 May 2025 | 8:51 AM IST

President Trump's backing for a Nippon steel deal leaves big questions

Donald Trump heralded a planned partnership between the two industrial heavyweights, claiming it would create at least 70,000 jobs - roughly five times US Steel's current American employees

President Trump's backing for a Nippon steel deal leaves big questions
Updated On : 26 May 2025 | 8:11 AM IST

Trump to delay 50% tariffs on EU until July 9 after call with von der Leyen

The EU had been slated for a 20 per cent tariff under those reciprocal rates announced in April, and a temporary pause took the rate down to 10 per cent through July 9

Trump to delay 50% tariffs on EU until July 9 after call with von der Leyen
Updated On : 26 May 2025 | 7:53 AM IST

Softbank's Masayoshi Son floats idea of US-Japan sovereign wealth fund

Son has discussed the plan with US Treasury Secretary Scott Bessent, although it hasn't been formally proposed, the report said.

Softbank's Masayoshi Son floats idea of US-Japan sovereign wealth fund
Updated On : 25 May 2025 | 11:45 PM IST