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Today: April 28, 2025
Today: April 28, 2025

Asia

Asia|Business|Economy|Finance|Stock Markets

Chinese insurance broker Yuanbao targets $676 million valuation in US IPO amid trade tensions

Chinese insurance broker Yuanbao said on Thursday that it was targeting a valuation of up to $676.3 million in its U.S. initial public offering, amid economic uncertainty and a slowdown in

Chinese insurance broker Yuanbao targets $676 million valuation in US IPO amid trade tensions
Asia|Business|Economy|Political|US

USTR holds productive trade meeting with Vietnam, statement says

U.S.

USTR holds productive trade meeting with Vietnam, statement says
Asia|Business|Economy|Technology|World

Nissan revises down its earnings forecast with bigger losses

Nissan says it expects to rack up a loss totaling 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for the fiscal year through March because of declining sales and the losing value of its assets

Nissan revises down its earnings forecast with bigger losses
Asia|Crime|Political|World

South Korean truth commission halts probe into adoption fraud, hundreds of cases in limbo

The South Korean government’s fact-finding commission has suspended its groundbreaking investigation into the extensive fraud and abuse that tainted the nation’s historic foreign adoption program, stemming from internal disputes among commissioners about which cases warranted recognition

South Korean truth commission halts probe into adoption fraud, hundreds of cases in limbo
Asia|Crime|Political|Travel|World

Dozens killed as gunmen massacre tourists in Kashmir beauty spot

Dozens killed as gunmen massacre tourists in Kashmir beauty spot

Dozens killed as gunmen massacre tourists in Kashmir beauty spot
Asia|Crime|Political|World

Hong Kong allows outspoken Cardinal Joseph Zen to attend Pope Francis' funeral

Hong Kong’s outspoken Roman Catholic Cardinal Joseph Zen has been allowed to leave the southern Chinese city to attend Pope Francis’ funeral in Vatican City

Hong Kong allows outspoken Cardinal Joseph Zen to attend Pope Francis' funeral
Asia|Business|Economy|Technology|US

Robotaxi maker Pony.ai sees Trump's trade war hitting sentiment, overseas expansion plans

China-based robotaxi developer Pony.ai Inc said on Thursday that U.S.

Robotaxi maker Pony.ai sees Trump's trade war hitting sentiment, overseas expansion plans
Asia|Business|Economy|World

Philippines stands to benefit from US tariff shake-up, but must address constraints, study shows

The Philippines stands to benefit from a sweeping U.S. tariff overhaul that has disrupted global trade flows, a new study showed, as the country emerges among the least exposed

Philippines stands to benefit from US tariff shake-up, but must address constraints, study shows
Asia|Business|Economy|World

Taiwan proposes another $10 billion in aid to deal with US tariffs

Taiwan's premier on Thursday proposed another $10 billion in spending as a special budget to help the economy deal with the impact of U.S. tariffs.

Taiwan proposes another $10 billion in aid to deal with US tariffs
Asia|Business|Economy|Finance|World

China supports free trade, central bank governor says in Washington meeting, CCTV reports

China will firmly support free trade rules and the multilateral trading system, the country's central bank governor said on Wednesday in Washington D.C., state broadcaster CCTV

China supports free trade, central bank governor says in Washington meeting, CCTV reports
Asia|Business|Economy|Finance|Stock Markets

Japanese investors turned net buyers of overseas bonds last week

Japanese investors were net buyers of overseas bonds in the week through April 19, as U.S. bond markets recovered somewhat after a heavy selloff earlier this month.

Japanese investors turned net buyers of overseas bonds last week
Asia|Business|Economy|Finance|World

Fitch watching 'quite closely' how South Korea manages geopolitical challenges

Global credit ratings agency Fitch said it was "quite closely" watching how South Korea manages geopolitical challenges amid a global trade war between

Fitch watching 'quite closely' how South Korea manages geopolitical challenges
Asia|Business|Economy|Technology|US|World

Boeing poised to resell jets as tariffs hit China trade

Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to

Boeing poised to resell jets as tariffs hit China trade
Asia|Business|Economy|Technology|World

China is restricting mineral exports. How does its export control system work?

China has been flexing its control over the mining and refining of minerals by adding metals essential for clean energy, chipmaking and defence to its export control list,

China is restricting mineral exports. How does its export control system work?
Africa|Asia|Business|Economy|Political|World

China, Kenya upgrade ties amid 'turbulent international situation'

China and Kenya announced they had upgraded ties to a "new level" on Thursday during a meeting between President Xi Jinping and Kenyan President William Ruto in

China, Kenya upgrade ties amid 'turbulent international situation'
Asia|Crime|World

Kashmir police name three militants behind tourists killing, say two are Pakistani

Police in India's Kashmir published notices on Thursday naming three suspected militants "involved in" the attack on tourists this week in which 26 people were killed, and

Kashmir police name three militants behind tourists killing, say two are Pakistani
Asia|Crime|Political

South Korea's former President Moon indicted for alleged bribery

South Korean prosecutors indicted former liberal President Moon Jae-in on bribery charges Thursday, saying that a budget airline gave his son-in-law a lucrative no-show job during Moon’s term in office

South Korea's former President Moon indicted for alleged bribery
Asia|Crime|Political

South Korea prosecutors indict ex-president Moon Jae-in for bribery

South Korean prosecutors indicted former president Moon Jae-in for alleged bribery on Thursday, making him the latest former leader of the country to face

South Korea prosecutors indict ex-president Moon Jae-in for bribery
Asia|Business|Economy|Finance|Stock Markets|World

China to allow overseas investors access to more sectors

China's state regulator and planning council published a new version of its "negative list" that relaxes barriers to entering the world's second-largest economy, reducing the

China to allow overseas investors access to more sectors
Asia|Political|World

South Korea expressed concern over Chinese structure in disputed area of sea

South Korea has expressed "deep concern" over China erecting a sea structure off the west coast of the Korean Peninsula, Seoul's foreign ministry said on Thursday.

South Korea expressed concern over Chinese structure in disputed area of sea
Asia|Business|Economy|Political|US|World

What's on the table for US-South Korea trade talks?

When a South Korean delegation meets U.S. counterparts in Washington on Thursday for trade talks, they face a wide range of potential agenda items. U.S.

What's on the table for US-South Korea trade talks?
Asia|Business|Economy

Thai export growth at 3-year high in March, US tariffs a challenge

Thailand's export growth in March reached the highest level in three years and shipments should continue to grow in the current quarter, although steep U.S. tariffs remain a

Thai export growth at 3-year high in March, US tariffs a challenge
Asia|Business|Economy|Finance|World

Indonesia expects steady 5% growth in 2025 amid ongoing trade tensions

Indonesia's economic growth this year will likely stay around 5% despite trade tensions, its finance minister said on Thursday, stressing a

Indonesia expects steady 5% growth in 2025 amid ongoing trade tensions
Asia|Business|Economy

South Korea Q1 GDP unexpectedly contracts, reinforcing rate cut chances

South Korea's economy unexpectedly contracted in the first quarter as exports and consumption stalled amid fears over the impact of Washington's aggressive tariffs,

South Korea Q1 GDP unexpectedly contracts, reinforcing rate cut chances
Asia|Business|Economy|Finance|Stock Markets

Las Vegas Sands beats quarterly profit estimates on strong Singapore business

Casino operator Las Vegas Sands surpassed analysts' expectations for first-quarter profit on Wednesday, as strong demand from its Singapore business offsets stalling market growth in Macao

Las Vegas Sands beats quarterly profit estimates on strong Singapore business
Asia|Business|Economy|Finance|Stock Markets|US|World

Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed

U.S. stocks rose as a worldwide rally came back around to Wall Street

Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed
Asia|Political|World

India blames Pakistan for a deadly attack in Kashmir and suspends a key water treaty

India is blaming Pakistan for a militant attack that killed 26 people in Indian-held Kashmir, downgrading diplomatic ties and suspending a crucial water-sharing treaty

India blames Pakistan for a deadly attack in Kashmir and suspends a key water treaty
Asia|Business|Economy|Finance|US

US rules out setting currency targets in trade talks with Japan

The U.S. does not have specific currency targets in mind as part of bilateral trade talks with Japan, Treasury Secretary Scott Bessent said on

US rules out setting currency targets in trade talks with Japan
Asia|Australia|Business|Finance

ANZ appoints Raciti country head of Singapore and head of SEA, India and Mideast

Australia's ANZ said on Wednesday that Chris Raciti has been appointed ANZ country head of Singapore, with regional oversight for ANZ's businesses in eight markets across

ANZ appoints Raciti country head of Singapore and head of SEA, India and Mideast
Asia|World

Staunchly Catholic Philippines begins period of mourning for Pope Francis

The Philippines began a period of national mourning for Pope Francis on Wednesday, with President Ferdinand Marcos Jr ordering flags on all state buildings across the staunchly

Staunchly Catholic Philippines begins period of mourning for Pope Francis
Asia|Science|Technology|World

China, Russia may build nuclear plant on moon to power lunar station, official says

China is considering building a nuclear plant on the moon to power the International Lunar Research Station (ILRS) it is planning with Russia, a presentation by

China, Russia may build nuclear plant on moon to power lunar station, official says
Asia|Crime|World

Militants in Indian Kashmir segregate men from women and children before opening fire

Militants who killed 26 people in India's Kashmir region separated the men from the women and children and asked the men their names before shooting them

Militants in Indian Kashmir segregate men from women and children before opening fire
Asia|Crime|World

India downgrades ties with Pakistan after attack on Kashmir tourists kills 26

India announced a raft of measures to downgrade its ties with Pakistan on Wednesday, a day after suspected militants killed

India downgrades ties with Pakistan after attack on Kashmir tourists kills 26
Asia|Crime|Political|World

What is Kashmir Resistance, the group claiming the attack on tourists in Kashmir?

Kashmir Resistance, also known as The Resistance Front, has claimed responsibility for Tuesday's attack on tourists in Indian-administered Kashmir, the deadliest incident of its kind in

What is Kashmir Resistance, the group claiming the attack on tourists in Kashmir?
Asia|Business|Economy|Political|World

China's President Xi says tariffs and trade wars hurt world economic order

Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, hurt the multilateral trading system and

China's President Xi says tariffs and trade wars hurt world economic order
Asia|Political|World

South Korea to raise Chinese presence in disputed area of sea during dialogue

South Korea will raise China's construction of sea structures off the west coast of the Korean Peninsula in a dialogue with Beijing on Wednesday, Seoul's Foreign Minister said. 

South Korea to raise Chinese presence in disputed area of sea during dialogue
Asia|Business|Economy|Europe|Technology|World

China's Jetour to launch European car sales in third quarter

Chinese sport-utility vehicle maker Jetour plans to launch in some European markets in the third quarter and aims to sell cars across much of the continent by 2027,

China's Jetour to launch European car sales in third quarter
Asia|Business|Economy|Technology|World

Volkswagen will go through 'right-size' process in China, CEO says

German carmaker Volkswagen will need to go through a 'right-sizing' process in China, its group CEO said on Wednesday, as competition intensifies in the world's biggest auto market

Volkswagen will go through 'right-size' process in China, CEO says
Asia|Business|Economy

Nissan to spend $1.4 billion in China, ditching 'slow' response to fast market

Nissan Motor will invest an additional $1.4 billion in China, where it believes it is on track to reverse a punishing slide in sales with the launch of some 10

Nissan to spend $1.4 billion in China, ditching 'slow' response to fast market
Asia|Crime|Travel|World

How militants attacked tourists in Kashmir's Pahalgam, and India's response

At least 26 people died and 17 others were injured when suspected militants opened fire at a popular tourist spot in the Pahalgam region of India's Jammu and Kashmir territory

How militants attacked tourists in Kashmir's Pahalgam, and India's response
Asia|Business|Finance|Stock Markets

China's Great Wall Motor is seeking to produce vehicles in Brazil, chairman says

Great Wall Motor is looking for opportunities to use Brazil as a base for vehicle production and expand to nearby regions, the Chinese carmaker's chairman said in Shanghai on

China's Great Wall Motor is seeking to produce vehicles in Brazil, chairman says
Asia|Business|Economy|Finance|Stock Markets

Japan lawmakers urge pension fund to invest in domestic private equity

A group of Japan's ruling party lawmakers on Wednesday called on the country's top public pension fund GPIF to expand investment in domestic private equity and

Japan lawmakers urge pension fund to invest in domestic private equity
Americas|Asia|Business|Economy|US|World

Hapag-Lloyd says 30% of China's US bound shipments have been cancelled

Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world's two largest

Hapag-Lloyd says 30% of China's US bound shipments have been cancelled
Asia|Business|Economy|Finance|World

Thailand may need $15 billion of stimulus to cope with US tariffs, minister says

Thailand may need at least 500 billion baht ($15 billion) for economic stimulus measures to address the impact of U.S. tariffs, its finance minister said on Wednesday.

Thailand may need $15 billion of stimulus to cope with US tariffs, minister says
Asia|Crime|Political|World

Kashmir: A disputed region in focus after deadly militant attack

Twenty-six people were killed and 17 were injured when suspected militants opened fire at tourists in India's Jammu and Kashmir territory on Tuesday, the worst such attack in the country

Kashmir: A disputed region in focus after deadly militant attack
Asia|Business|Economy|World

Indonesia's Q1 FDI up 12.7% y/y to nearly $14 billion, minister says

Indonesia's foreign direct investment in the first three months of 2025 reached 230.4 trillion rupiah ($13.67 billion), up around 12.7% year-on-year in rupiah terms, investment

Indonesia's Q1 FDI up 12.7% y/y to nearly $14 billion, minister says
Asia|Business|Economy|Environment|World

Textile giant Bangladesh pushed to recycle more waste

By Md.

Textile giant Bangladesh pushed to recycle more waste
Asia|Science|Technology|World

China lunar chief accuses US of interfering in joint space programmes with other nations

The chief designer of China's lunar exploration programme accused the United States on Wednesday of interfering in Beijing's attempts to cooperate with Europe

China lunar chief accuses US of interfering in joint space programmes with other nations
Arts|Asia|Entertainment

A new Netflix film features a hurtling Japanese bullet train with a ticking bomb

The highspeed bullet train takes center stage in Shinji Higuchi’s new film, “Bullet Train Explosion,” premiering on Netflix Wednesday

A new Netflix film features a hurtling Japanese bullet train with a ticking bomb
Asia|Political|World

Philippines to receive second batch of BrahMos missile system from India

The Philippines is set to receive its second batch of BrahMos supersonic cruise missiles from India, its defence secretary said on Wednesday, which should bolster the country's

Philippines to receive second batch of BrahMos missile system from India
Asia|Political|World

Taiwan former Vice President Chen to attend Pope's funeral

Taiwan's former Vice President Chen Chien-jen will attend Pope Francis' funeral, Taiwan's Foreign Ministry said on Wednesday, adding that he will go as the envoy of Taiwan President

Taiwan former Vice President Chen to attend Pope's funeral
Asia|Business|Economy|Technology

Chinese e-commerce platforms to end refund-without-returns amid weak economy, sources say

Chinese authorities have asked e-commerce platform operators to stop insisting on merchants refunding customers without requiring the return of goods, to alleviate

Chinese e-commerce platforms to end refund-without-returns amid weak economy, sources say
Asia|Crime|World

Indian-controlled Kashmir has been the scene of many violent attacks in past decades

At least 26 people were killed and more than a dozen injured after gunmen opened fire on a group of tourists in Indian-controlled Kashmir

Indian-controlled Kashmir has been the scene of many violent attacks in past decades
Asia|Business|Economy|Finance|Stock Markets

India April business growth hits 8-month high as export orders surge, PMI shows

India's private sector growth rose to an eight-month high in April fueled by robust demand, particularly a surge in foreign orders for manufactured goods,

India April business growth hits 8-month high as export orders surge, PMI shows
Asia|Business|Economy|Technology|World

Trade war, safety concerns take centre stage at Shanghai auto show

China's annual auto shows have become the world's premier showcase for the rise of ever-cheaper, high-tech electric vehicles

Trade war, safety concerns take centre stage at Shanghai auto show
Asia|Business|Economy|Environment|World

Cambodia canal's impact on Mekong questioned after China signs deal

Cambodia should share a feasibility study on the impact of a planned China-backed canal that would divert water from the rice-growing floodplains of Vietnam's Mekong

Cambodia canal's impact on Mekong questioned after China signs deal
Asia|Political|World

Former Taiwan vice president to attend Pope Francis funeral

A former Taiwan vice president will attend this weekend's funeral of Pope Francis as the special envoy of President Lai Ching-te, the island's foreign ministry said on Wednesday

Former Taiwan vice president to attend Pope Francis funeral
Asia|Business|Technology

Zhipu AI ramps up overseas expansion strategy ahead of IPO

SINGAPORE - China's Zhipu AI is ramping up its overseas expansion through a partnership with Alibaba Cloud, an executive said on Wednesday, as the startup prepares for an initial public offering.

Zhipu AI ramps up overseas expansion strategy ahead of IPO
Asia|Business|Technology

Carmaker GAC to take responsibility for safety of L4 autonomous cars, Jiemian reports

Chinese carmaker Guangzhou Automobile Group (GAC) said at the Shanghai auto show on Wednesday it would take responsibility for the safety of Level 4 autonomous driving vehicles,

Carmaker GAC to take responsibility for safety of L4 autonomous cars, Jiemian reports
Asia|Business|Economy|Finance|World

Sri Lanka's economy to grow 3.5% in 2025 despite US tariff headwinds, World Bank says

Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from its October forecast, but faces

Sri Lanka's economy to grow 3.5% in 2025 despite US tariff headwinds, World Bank says
Asia|Business|Economy|Finance|Stock Markets

BOJ calls on Japan banks to be vigilant against trade policy risks

Japanese banks must monitor various risks associated with high levels of uncertainty over global trade policies, the Bank of Japan said on Wednesday, as U.S.

BOJ calls on Japan banks to be vigilant against trade policy risks
Asia|Business|Technology|World

BYD unveils new luxury sports car as carmakers vie for attention at China’s largest auto show

BYD unveils new luxury sports car as carmakers vie for attention at China’s largest auto show

BYD unveils new luxury sports car as carmakers vie for attention at China’s largest auto show
Asia|Business|Economy|US|World

South Korea to seek speedy solution on auto tariffs in US trade talks

South Korea's Industry Minister Ahn Duk-geun said on Wednesday that Seoul will seek a speedy solution over auto tariffs in trade talks with U.S.

South Korea to seek speedy solution on auto tariffs in US trade talks
Asia|Business|Economy|Finance|Stock Markets

BOJ to raise rates in Q3 though Trump tariffs will disrupt policy normalisation: Reuters poll

The Bank of Japan is likely to hold its key interest rate through June, showed a Reuters survey of economists, with a 25-basis-point hike next quarter expected by

BOJ to raise rates in Q3 though Trump tariffs will disrupt policy normalisation: Reuters poll
Asia|Business|Technology

Chinese automaker Zeekr debuts first hybrid model at Shanghai auto show

Chinese automaker Zeekr debuted its first hybrid model the Zeekr 9X luxury SUV at the Shanghai auto show on Wednesday.

Chinese automaker Zeekr debuts first hybrid model at Shanghai auto show
Asia|Business|Economy

Cathay Pacific expects lower US-China air cargo demand from tariffs impact

Cathay Pacific Airways, one of Asia's largest air freight carriers, expects air cargo demand between mainland China and the United States. to soften as tariff hikes between Washington

Cathay Pacific expects lower US-China air cargo demand from tariffs impact
Asia|Business|Economy|Europe|Technology|World

Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute

Mercedes-Benz CEO Ola Källenius said on Wednesday the German automaker was urging the European Union to find an "equitable solution" to create a level-playing

Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute
Asia|Business|Economy|Technology|World

Musk says Tesla's Optimus humanoid robots affected by China's export curbs on rare earths

Tesla CEO Elon Musk said on Tuesday that the production of its Optimus humanoid robots had been affected by China's export restrictions of rare earth magnets.

Musk says Tesla's Optimus humanoid robots affected by China's export curbs on rare earths
Asia|Business|Technology|World

BMW to integrate DeepSeek AI in its new vehicles in China later this year

German automaker BMW plans to start integrating artificial intelligence from Chinese startup DeepSeek in its new models in China from later this year, CEO Oliver Zipse said at the

BMW to integrate DeepSeek AI in its new vehicles in China later this year
Asia|Business|Economy|World

Trump tariffs threaten to pile more pain on Thailand's rice sector

Thai farmer Daeng Donsingha was already worried for her family of nine when rice prices in the world's second-largest

Trump tariffs threaten to pile more pain on Thailand's rice sector
Asia|Business|Technology

China's Leapmotor says it delivered 8,000 B10 SUVs within 13 days

Leapmotor has delivered 8,000 units of B10 SUVs within 13 days of launch, with more than half of the orders being the lidar version, Cao Li, the electric vehicle maker's vice

China's Leapmotor says it delivered 8,000 B10 SUVs within 13 days
Asia|Crime|Political|World

Militants kill at least 26 tourists at a resort in Indian-controlled Kashmir

Indian police say gunmen have killed at least 26 tourists at a resort in Indian-controlled Kashmir

Militants kill at least 26 tourists at a resort in Indian-controlled Kashmir
Asia|Europe|Political|World

Zelenskiy says Chinese citizens working at drone production site in Russia

President Volodymyr Zelenskiy said on Tuesday that Chinese citizens were working at a drone production site in Russia and suggested that Moscow may have "stolen" drone technology from

Zelenskiy says Chinese citizens working at drone production site in Russia
Asia|Business|Finance|Political|Stock Markets

Wall Street rallies and recovers Monday's losses as the dollar and US bond market steady

U.S. stocks jumped in a widespread rally and more than made up for their sharp drops from the day before

Wall Street rallies and recovers Monday's losses as the dollar and US bond market steady