Trump calls for taking other nations’ companies but lays out few specifics | US Election 2024 News
Donald Trump has pledged not only to stop US businesses from offshoring jobs, but also to take other countries’ jobs and factories in part through…
China rolls out stimulus measures to boost ailing economy | Economy
China’s central bank says measures will lower borrowing costs and inject more liquidity into market.China has announced a slew of stimulus measures to boost the…
For Harris and Trump, runaway US debt is the elephant in the room | US Election 2024
Once upon a time, the United States’s ballooning national debt was a major talking point of presidential elections. Donald Trump and Hillary Clinton’s final debate…
Oil prices looking sticky as weaker economic data disappoints
Crude oil markets are facing downward pressure following the release of weak manufacturing and services data from major economies. Meanwhile, escalating conflicts in the Middle…
The US Fed cut interest rates by more than expected. So what? | Business and Economy News
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy,…
After vowing to halt Japan’s economic decline, Kishida leaves mixed legacy | Business and Economy
In his first policy address after taking office in October 2021, Japanese Prime Minister Fumio Kishida pledged to “faithfully rebuild” the economy after three decades…
UK’s Starmer under pressure over economy as Labour conference begins | Politics News
PM Keir Starmer promises to protect public services and rules out austerity measures as the ruling party meets in Liverpool.British Prime Minister Keir Starmer has…
Sri Lanka elects Marxist-leaning Dissanayake as president to fix economy | Elections News
Nation puts faith in Anura Kumara Dissanayake to fight corruption and bolster a fragile economy after the worst financial crisis in decades.Anura Kumara Dissanayake has…
Components for pagers used in Lebanon blasts not from Taiwan, minister says | Israel-Palestine conflict
CEO of Taiwan-based Gold Apollo released after questioning over role in deadly explosions.Components used in thousands of pagers that detonated on Tuesday in Lebanon in a…
As Sri Lanka votes, a $2.9bn IMF loan looms large | Elections
Ahead of Sri Lanka’s presidential election, no issue is more central than the economy. With the South Asian country still struggling from its worst financial…
Cambodia’s controversial canal | Business and Economy
Cambodia has started a massive project — a canal that links the Mekong River to the sea. Its deputy prime minister says the Funan Techo…
AI needs ‘global governance’, cannot be left to market, UN panel says | Technology
Expert body makes seven recommendations on regulating AI, including establishment of fund to help developing countries.There is an “irrefutable” need for global governance of artificial…
Why does a US rate cut matter? | Business and Economy
The United States Federal Reserve has cut interest rates for the first time since 2020.It was seen as the clearest signal yet that central banks…
The Candidates Vying to Lead Sri Lanka’s $84 Billion Economy Out of Crisis
Breadcrumb Trail LinksPMN BusinessSri Lanka’s upcoming presidential election has become a referendum on a $3 billion International Monetary Fund loan program that has helped to…
Newsom touts California economy after big names exit for Texas
California Gov. Gavin Newsom pushed back on bashing of the Golden State, trumpeting the state’s economy after some high-profile companies including SpaceX and Chevron announced…
US Fed cuts rates by larger than usual half-percentage point | Inflation News
Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this yearThe United States Federal Reserve has…
The future of travel? For hyperloop, it’s one step forward, two steps back | Technology
Taipei, Taiwan – Imagine boarding a train that glides above the ground at supersonic speeds. Speeding through an airless tube using powerful electro-magnets, passengers could…
Trump says he will meet ‘fantastic’ Modi during US visit | News
Republican candidate praises Indian leader while labelling New Delhi a ‘very big abuser’ in trade.Former United States President Donald Trump will meet Indian Prime Minister…
Taiwan dragged into Middle East politics after deadly pager blasts | Technology
Taipei, Taiwan – Taiwan’s crucial tech industry has been unwittingly drawn into Middle East politics after revelations that thousands of exploding pagers used to kill…
Instagram makes teen accounts private as pressure mounts | Social Media News
Instagram is making teen accounts private by default as it tries to make the platform safer for children amid a growing backlash against how social media…