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New Zealand budget expected to offer tax cuts, worsening outlook

The government has asked most departments and ministries to cut between 6.5 per cent and 7.5 per cent of their operating allowances

South Korea to detail tax incentives aimed at supporting chip industry

The government will also release next month detailed measures to support the country's semiconductor industry

Indian govt bond yields seen steady as traders await fresh triggers

Bond yields have eased over the last few sessions, after the Reserve Bank of India's board last week approved the transfer of a record 2.11 trillion rupees as surplus to the government

Asian shares drift after rally, Wall Street reopens amid rate cut bets

Japan's Nikkei, on the other hand, slipped 0.3 per cent, reversing some of the 0.7 per cent advance a day ago

Russia to build Central Asia's first nuclear power plant in Uzbekistan

Putin said Russia would put $400 million into a joint investment fund of $500 million to finance projects in Uzbekistan

Modi's return will power defence, infra stocks: Motilal Oswal's Agrawal

India's weeks-long general elections end on Saturday, with the ballots set to be counted on June 4

North Korea says latest military satellite launch exploded in flight

The attempt came just hours after Pyongyang issued a warning that it would try to launch a satellite by June 4, in what would have been its second spy satellite in orbit

AWS in talks with Italy to invest billions of euros in cloud plan: Report

AWS launched its first cloud region in Italy in 2020 as part of a plan to invest 2 billion euros ($2.2 billion) by 2029

Govt will buy back sovereign bonds worth Rs 40,000 crore, says RBI

The securities offered for buyback are four government bonds with maturity dates in the second half of 2024, the Reserve Bank of India (RBI) said in a statement

Goodyear India Q4 net loss at Rs 4.2 cr on weak demand for tractors, trucks

The Indian unit of U.S.-based Goodyear Tire's standalone net loss stood at Rs 4.21 crore ($506,606.34) for the three months to March 31 from a profit of Rs 33.61 crore a year earlier

Plenty of room for key interest rate reductions, says ECB's Villeroy

After a first rate cute next month that Villeroy described as a "done deal", debate among ECB policymakers remains open about how fast and far to keep easing after that

Drugmakers to see FY25 revenue boost in key US market: India Ratings

The world's largest drug market is facing decade-high drug shortages, the research firm said in a note citing data from with Utah Drug Information Service

Prosecution appeal begins for Samsung chief Jay Y Lee over 2015 merger case

Prosecutors are appealing against a February ruling that found Lee not guilty of all charges including accounting fraud and stock manipulation

AliExpress recruits Beckham as ambassador to 'score more' global sales

Earlier this year, AliExpress also signed on as a sponsor of the UEFA Euro 2024 tournament, which starts in June, where it will invest millions of dollars in discounts

China needs to know risks outweigh rewards in attacking Taiwan: US lawmaker

Taiwan has for the last two years complained of delays to deliveries of US weapons, such as Stinger anti-aircraft missiles, as manufacturers supply Ukraine to support its defence against Russia

Musk's startup xAI raises $6 bn in fresh round of funding, valued at $24 bn

The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital

China sets up third fund with $47.5 bn to boost semiconductor industry

This commitment has taken on renewed urgency after the US imposed a series of export control measures over the last couple of years

Over 2,000 could be buried in Papua New Guinea landslide, says official

The landslide crashed through Yambali village in the country's north at around 3 a.m. on Friday while most of the community slept

ECB policy must stay restrictive into 2025, says chief economist Lane

ECB policymakers needed to keep rates in restrictive territory this year to ensure that inflation kept easing

Foreign investors eye Indian long-term bonds as JPMorgan inclusion nears

Along with direct purchases, foreign investors have leaned on derivative proxies to gain exposure to Indian bonds