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UK jobs market cools down offering some relief to Bank of England

Economists said the figures reflected concerns among employers about a tax increase imposed on them by finance minister Rachel Reeves and over US President Donald Trump's trade war

US tariff pause on Beijing puts pressure on 'China-plus-one' countries

Vietnam, for example, was better off than China with a 46 per cent rate, while Thailand was at 36 per cent and Malaysia at 24 per cent

Japan's SoftBank Group Q4 results: Profit rises to $3.5 bn, beats estimates

The result compared with 231 billion yen profit for the same period the previous year and the 26.9 billion yen average loss from five analyst estimates compiled by LSEG

Nissan to halt operations at some domestic plants for restructuring

Details regarding which specific factories will be affected and whether they will be temporarily suspended or permanently closed are expected to be finalised at a later date

Birla's big paints bet hits Asian Paints' market share in just one year

Birla Opus' market share reached 6.8 per cent in the latest quarter

Oil prices ease on concerns over rising supply, US-China trade deal caution

The US and China agreed to slash steep tariffs for at least 90 days, sending Wall Street stocks, the US dollar and crude prices sharply higher

Asian markets rally as US-China trade truce lifts investor sentiment

Japan's Nikkei soared 2 per cent, touching its highest level since February 25, and tech-heavy Taiwan also rose 2 per cent

Ousted Bangladesh PM Hasina's party Awami League barred from election

The move comes after the interim government of Nobel laureate Muhammad Yunus, banned all activities of the Awami League under the Anti-Terrorism Act after days of protests

Nissan to cut over 10K more jobs globally amid deepening financial woes

It is set to announce on Tuesday results for the business year that ended in March. It warned last month it would likely book a record 700 billion yen to 750 billion yen

Trump says he will cut prescription drug prices by 59% as shares drop

Donald Trump is scheduled to hold an event at the White House with US Health Secretary Robert F. Kennedy Jr at 9:30 am

AI firm Perplexity eyes $14 billion in valuation in fresh funding round

Venture capital firm Accel is set to lead the round, the report said. Perplexity did not immediately respond to a Reuters request for comment

India rolls over $50 million support for Maldives amid debt crisis

China and India remain the Maldives' biggest creditor nations and both regional rivals vie for influence in the strategically located Indian Ocean nation

India inflation likely cooled to nearly 6 year low in April: Poll

Intense heatwaves this summer did little to affect a robust harvest, offering much-needed relief to many Indian households which allocate a significant portion of their budgets to food

Japan PM Ishiba open to more stimulus but rules out sales tax cut

Speaking in parliament, Ishiba said the government "won't hesitate to take additional measures" to ease the pain on the economy from higher US tariffs

South Korea's presidential campaigns kick off with focus on ailing economy

Asia's fourth-largest economy will hold a snap presidential election on June 3 to choose Yoon Suk Yeol's successor after the conservative leader was ousted over his shock martial law order

US, China make 'substantial progress' on deal to cut trade deficit

Bessent told reporters that details would be announced on Monday and that U.S. President Donald Trump was fully aware of the results of the "productive talks.''

Aramco reports $26 bn profit in Q1, down 4.6% on lower oil prices

Aramco confirmed total dividends of $21.36 billion for the first quarter, $219 million of which was performance-linked dividends

Putin proposes direct talks with Ukraine on May 15 'without preconditions'

Putin said that he would speak to Turkish President Tayyip Erdogan later on Sunday about facilitating the talks, which he said could lead to a ceasefire

China's car sales rise 14.8% in April, boosted by trade-ins: CPCA

Passenger vehicle sales totalled 1.78 million units last month and for the first four months of 2025 were up 8.2 per cent from the same period a year earlier

'Total reset' in works, US-China tariff talks made great progress: Trump

Earlier, top US and Chinese officials wrapped up the first day of talks in Geneva aimed at defusing a trade war that threatens to hammer the global economy