Why is Japan’s yen so weak against the US dollar? | Financial Markets
The weakness of the Japanese yen is in the spotlight again after its latest tumble in value. On Monday, the currency sank to 160.17 against…
South Korea’s Samsung sees profit jump 10-fold on memory chip recovery | Technology News
South Korean tech giant reports $4.85bn profit during the first three months of 2024. Samsung Electronics has reported a nearly 10-fold jump in first-quarter operating…
‘Country is doing well’: Why jobless young Indians are still backing Modi | India Election 2024 News
Patna, Bihar – Sanjeev Kumar is 27 and jobless – a desperate situation compounded by his car salesman father’s imminent retirement in a few years.…
Australia’s budget airline Bonza cancels all flights, stranding passengers | Aviation
Chief executive Tim Jordan says flights suspended amid discussions on ‘ongoing viability of the business’. Australia’s low-cost airline Bonza has suspended all flights amid concerns…
IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet | Business and Economy
Islamabad, Pakistan – Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the…
On ‘China’s Instagram’, women find a space to discuss the routine and taboo | Social Media
Taipei, Taiwan – Alice Guo sparked a flurry of interest on Xiaohongshu, the Chinese social media and e-commerce platform, when she decided one day in…
In Orange County, election skepticism could sway key Congress races
Alex Lopez doesn’t contest that Joe Biden was elected president in 2020. His concern lies with how those results came to be. “By the numbers?…
Is Modi’s India more unequal than under British rule? | India Election 2024
New Delhi, India — In 2014, Narendra Modi swept to power in India with his Bharatiya Janata Party (BJP) pitching him as an economic reformer…
Japan’s yen plunges to lowest level against the dollar since 1990 | Business and Economy
Japanese currency sinks to 160.17 per dollar, the lowest since April 1990. The Japanese yen has slumped to a 34-year low against the United States…
Dubai’s ruler announces construction of world’s largest airport terminal | Aviation News
Al Maktoum International Airport is envisaged to have capacity for 260 million passengers upon completion. Dubai has started work on a $35bn airport terminal that…
Staggering cost of potholes to UK economy revealed in shock report which demands government fixes UK’s crumbling roads
POTHOLES are costing the economy an estimated £14billion, a report says. Prangs to cars, accidents caused by the craters and consequent congestion all contribute to…
Vietnam’s Economy: Mixed signs of Recovery
Vietnam’s economy is displaying a combination of positive and negative indicators in its recovery, with an estimated growth rate of 5.5% in 2024 that is…
Germany’s Economy Shows Signs of Life But Industry Is Struggling
Breadcrumb Trail LinksPMN BusinessGermany’s economic prospects are looking up after two grueling years of near-zero growth. The consumer-led revival, though, papers over enduring industrial weakness…
Jobless engineers, MBAs: The hidden army of Indian election ‘consultants’ | India Election 2024
“How many tennis balls can fit in a passenger plane?” Neeraj, a young economics graduate from the premier Indian Institute of Technology (IIT), was given…
Malaysia’s ex-PM Mahathir faces anticorruption probe | Corruption News
Malaysian Anti-Corruption Commission chief says former leader ‘among those being investigated’. Malaysia’s former Prime Minister Mahathir Mohamad is being investigated in connection with a corruption…
Why is Elon Musk feuding with Australia and Brazil over free speech? | Technology
Elon Musk, the self-proclaimed free speech absolutist and CEO of X, Tesla, and SpaceX, is once again at the centre of a heated debate about…
Growth-Plus-Inflation Economy Is a ‘Lose-Lose’ for Biden
Breadcrumb Trail LinksPMN BusinessThe latest good news and bad news about the US economy is just plain bad news for Joe Biden.Author of the article:Bloomberg…
ByteDance prefers TikTok shutdown in US over sale: Report | Technology News
TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation…
Vietnam jails soft drinks tycoon for eight years in $40m fraud case | Corruption
Tran Qui Thanh was found guilty of scamming investors over loans issued in 2019 and 2020. Vietnam’s top soft drinks tycoon was jailed for eight years…
US growth likely slowed last quarter but still pointed to a solid economy
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Paul WisemanPublished Apr 25, 2024 • 3 minute read You can save this article by registering…