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More than 1,000 injured in Taiwan earthquake, missing hotel workers found

Buildings also shook violently in capital Taipei, but damage and disruption there was minimal

G7 price cap on Russian oil, recent action by Indian refiners working: US

Since October, the US has enforced the price cap with sanctions including designating in February Sovcomflot (SCF), Russia's state-owned shipping company

Govt hikes windfall tax on crude to Rs 6,800 for 5th time since Feb

The windfall tax, which is revised fortnightly, remains at zero for diesel and aviation turbine fuel

Walt Disney poised to claim victory in bitter Nelson Peltz board fight

If Disney does prevail, it will be a victory for Chief Executive Bob Iger as he steers the Mouse House through the industry's shift to streaming

No link between social media stock tips and big returns in long run: ESMA

Regulators have been taking a closer look at social media, with Britain warning "fin-influencers" last week on the need for authorisation before promoting financial products online

Opec+ ministers agree on keeping oil output policy steady: Reports

OPEC+ members, led by Saudi Arabia and Russia, last month agreed to extend voluntary output cuts of 2.2 million barrels per day (bpd) until the end of June to support the market

'Turmoil in exchange-traded FX options on forced position unwinding'

The premium on out-of-the-money dollar/rupee put options expiring on April 26 soared up to 250%, despite spot dollar/rupee inching up 0.04% to 83.4200

China solar industry faces challenges, but rock-bottom prices to persist

Overcapacity in China's solar industry is emblematic of the challenges facing the world's second-biggest economy

US senator urges Prez Biden to review alleged Nippon Steel ties to China

Nippon Steel said in a statement that Horizon's report was "rife with inaccuracies and misrepresentations"

Japan's economy recovers to full capacity, keeps rate hike prospects alive

The BOJ ended eight years of negative interest rates and other remnants of its unorthodox policy last month

'Goldilocks' economy to prompt RBI to keep rates on hold: Economists

As India heads into a general election this month, the economy is growing faster than expected amid signs prices are trending lower though food inflation remains a risk

High crude oil prices a cause for concern, India's oil secretary says

As a consuming nation any increase in prices will cause concern and anxiety, Jain said at an industry event, referring to the "geopolitical premium" in crude prices

'No change in RBI's stance on underlying exposure to forex derivatives'

The RBI had said in January that effective April 5, exchanges may offer forex derivative contracts involving the rupee to users "for the purpose of hedging contracted exposure"

Yahoo acquires Instagram co-founders' AI-powered news platform Artifact

Earlier this year, Artifact said that it would wind down operations of its app as "the market opportunity isn't big enough to warrant continued investment"

Intel discloses $7 billion operating loss in 2023 for chip-making unit

Chief Executive Pat Gelsinger said 2024 would be the year of worst operating losses for the company's chipmaking business and that it expects to break even on an operating basis by about 2027

Here's why North Korea is testing hypersonic missiles and how do they work?

The United States, China, Russia and other countries have also been developing hypersonic weapons in recent years

Amid Tsunami threat, Japan issues evacuation advisory for coastal areas

The quake damaged buildings on Taiwan but casualty information was not yet available

China's services activity growth accelerates in March as new biz rise

Taken together with the upbeat Caixin manufacturing PMI, the Caixin/S&P's composite PMI rose to 52.7 last month from 52.5 in February. It marked the highest reading since May 2023

Australia outraged by death of aid worker in Israeli airstrike, says PM

The strike killed citizens of Australia, Britain and Poland as well as Palestinians and a dual citizen of the US and Canada

BYD hands back top EV seller title to Tesla after Q1 sales decline

Tesla's decline comes amid softer overall demand and a slowdown in the Chinese market where local rivals led by BYD upped the ante in a price war for buyers