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Joe Biden, Vladimir Putin meet for first time to dial back tensions

Cold War adversaries decide to return ambassadors after talks

Alibaba victim of huge data leak by consultant as China tightens security

User data was not sold and Alibaba didn't incur financial losses from leak, the company says.

US Fed holds rates at zero, projects two hikes by the end of 2023

"Progress on vaccinations has reduced the spread of Covid-19 in the United States," the Federal Open Market Committee said in a statement released Wednesday

Top-performing Indian funds make winning bets on chemical firms stocks

India is emerging as a hub for specialty chemicals, helped by favorable policy measures.

China's campaign to control commodities goes into overdrive

State-owned enterprises were ordered to control risks and limit their exposure to overseas commodities markets by the State-owned Assets Supervision and Administration Commission, according to people

Covid: Thailand to reopen in 120 days to ease 'suffering of people'

Some tourist destinations should be ready for fully vaccinated visitors without any quarantine requirement sooner than the wider reopening, with Phuket as the "pilot," Prayuth said in a address.

Lina Khan named FTC chair by Biden in victory for Big Tech's critics

As chairwoman, Khan will need a majority of five-member agency to make enforcement decisions, have significant control over staff who conduct agency's competition, consumer protection investigation

Record run in emerging-market currencies is now stirring worry

Meanwhile, implied volatility in developing currencies is rising for the first time in two weeks, according to a JPMorgan Chase & Co. gauge, raising hedging costs and denting the appeal of higher-yiel

China's economic data disappoints in May as consumer spending lags

Retail sales increased 12.4% versus an estimate of 14%

MacKenzie Scott donates $2.7 bn more within a year, blasts wealth gap

Scott, 51, shook up the philanthropy world last year with the pace and magnitude of her giving.

Govt plans Rs 50,000 cr programme to boost health infrastructure: Report

Programme will reportedly allow companies to access funds for ramping up hospital capacity or medical supplies with the government acting as a guarantor

PUBG maker plans to raise $5 billion in South Korea's largest ever IPO

The gaming company will sell more than 10 million shares at 458,000 won to 557,000 won apiece.

Struggling with poverty, will Bitcoin be El Salvador's passport to riches?

Without oversight of the president's decision to accept crypto, bad actors and illicit money flows are likely to prosper.

Kim says North Korea's food situation is 'getting tense' due to typhoons

'Agricultural sector failed to fulfill its grain production plan,' reclusive leader says before a committee.

Asian central banks build dollar war chests, prep for US Fed policy

India has built up foreign exchange reserves worth more than $600 billion, as its central bank cushions economy against any sudden outflows.

Apna, jobs app for India's blue-collar workers, raises $70 mn in funding

Apna is sort of a LinkedIn for non-English speaking and non-affluent Indians, says its founder.

Google's smartphone tie-up with Reliance hits supply chain snag: Report

The co-branded phone is set for its unveiling at the Indian conglomerate's June 24 shareholder meeting.

Barred or not? Adani investors fret over three Mauritius-based funds

Shares of Adani's firms nosedived Monday after a local media report said accounts of these funds - owning about $6 billion of shares across the conglomerate - were frozen by NSDL

Gold holds near 4-week low with focus on key Federal Reserve meeting

The yield on 10-year Treasuries eased slightly on Monday, following a two-day gain from the lowest since March that damped the appeal of the non-interest-bearing precious metal

Bitcoin is still being called a bubble after 35% crash in May: Survey

About 80% of fund managers surveyed by Bank of America Corp. called the market a bubble, up from 75% in May