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Asian stocks fall, dollar advances amid wavering rate cut expectations

Data on Thursday showed US jobless claims dropped while S&P Global's Flash PMI survey showed business activity expanded

India's new govt will be spoilt for choice with $25 bn extra in kitty

On Wednesday, the RBI announced a record Rs 2.11 trillion dividend transfer to the government

China's 2nd day of war games around Taiwan tests ability to 'seize power'

The two days of drills in the Taiwan Strait and around groups of Taiwan-controlled islands near the Chinese coast started just three days after Lai took office

Govt bond yields largely unchanged as traders await fresh debt supply

The gains will be capped as the central bank's record surplus transfer to the government has boosted market sentiment

Samsung's HBM chips failing Nvidia tests due to heat, power problems

The reasons for Samsung failing Nvidia's tests are being reported for the first time

Nvidia reduces prices in China amid competition from Huawei's chips

The flattening prices underscore the challenges Nvidia's China business faces amid US sanctions on AI chip exports and heightened competition

Wall Street tumbles as AI Nvidia's fervor dampened by rate jitters

All three major US stock indexes gathered downward momentum in afternoon trading, ending the session deep in red territory

What is China doing to support its property market? All you need to know

China had 391 million square meters (4.2 billion square feet) of completed and unsold homes at the end of April, equivalent to 6.6 Manhattans, official data show

South Korea's SK Group to boost ties with Japan's chip equipment makers

SK Group affiliates include SK Hynix, the world's No.2 memory chip maker

Tesla excludes delivery goal of 20 mn vehicles a year in impact report

Slowing growth in EV demand and tough competition have hit demand for Tesla's vehicles

Nvidia forecasts quarterly revenue above estimates, unveils stock split

First-quarter revenue surged 262% year-over-year to $26.04 billion, beating estimates of $24.65 billion. Net income soared 628% to $14.88 billion

Yellen wants G7 'wall of opposition' to China's excess industrial capacity

Yellen said that if G7 ministers can agree on concept for bringing forward the earnings on the frozen Russian assets, they will spend time before G7 summit in Puglia in mid-June on refining details

'Volkswagen in talks about passenger car production partnership in India'

The comments come after Volkswagen in February signed a supply agreement with India's Mahindra on the use of key electric components of the German carmaker's open platform for electric vehicles

Reliance, Disney seek antitrust nod with cricket rights assurance: Report

The deal is set to reshape India's $28 billion media and entertainment market, where the Reliance-Disney combo will compete with Netflix, Amazon Prime, Zee Entertainment and Sony

Boeing sees negative free cash flow in 2024 as deliveries remain sluggish

Top U.S. enforcement officials are also weighing whether to charge the company for violating an agreement that shielded it from prosecution stemming from previous jet crashes in 2018 and 2019

Boeing faces 'long road' on safety issues after door accident: US FAA

In late February, FAA Administrator Mike Whitaker gave Boeing 90 days to develop a comprehensive plan to address 'systemic quality-control issues' and barred it from expanding 737 MAX production

Govt should lower tax on recruitment agencies to help boost employment: ISF

'This discourages many employers from hiring contract workers through recruitment agencies as they see the steep tax as an additional burden.'

Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales

The company's SU7 currently has four models, with prices ranging from 215,900 to 299,900 yuan. As of May 15, Xiaomi has delivered 10,000 EVs

Honasa Q4 results: Net profit up at Rs 30.48 cr over strong demand

Skincare firm Mamaearth's parent posted a near 22% rise in revenue from operations to Rs 471 crore

Page Industries Q4 earnings miss on high inventory costs, muted demand

Soaring inventory costs hit Page Industries' bottom-line even as post-COVID demand for its innerwear and athleisure collections stayed steady