Contraction in Japan’s Economy Narrows as Inventories Build
Breadcrumb Trail LinksPMN BusinessJapan’s economy contracted less than initially estimated in the first quarter, with the contribution from inventories adding a touch more to growth…
India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling | Business and Economy News
Indian Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) campaigned on India’s sizeable economic expansion in the lead-up to the country’s recent national…
Samsung workers in South Korea take industrial action for first time | Business and Economy News
National Samsung Electronics Union, which represents tens of thousands of people, is pushing for better wages. Staff at Samsung Electronics, one of the world’s largest…
Rahul Gandhi seeks probe into stock market moves during India elections | India Election 2024 News
Exit poll projections of big wins by Modi’s alliance sent stock markets surging a day before votes were counted. Opposition Indian National Congress leader Rahul…
Vietnam tycoon sentenced to death could face new charges, state media says | Corruption
Truong My Lan accused of illegally transferring $4.5bn in latest development in country’s biggest-ever fraud case. A Vietnamese real estate tycoon sentenced to death for…
Boeing CEO to front US Senate amid safety crisis | Aviation
Outgoing CEO Dave Calhoun’s slated appearance comes after whistleblowers alleged problems in production of aircraft. Boeing’s outgoing chief executive will appear at the United States…
Nvidia overtakes Apple to become world’s second-most valuable company | Technology
Chipmaker’s market capitalisation passes $3 trillion after latest rally in stock price. Nvidia has overtaken Apple to become the world’s second-most valuable company, with furious…
RBA governor Michele Bullock says federal government’s $300 energy bill rebate is unlikely to affect inflation
In short: RBA governor Michele Bullock said the federal government's $300 energy bill rebate is unlikely to lower inflation or risk pushing it higher.However, Ms…
What’s next for the European Green Deal? | Business and Economy
The makeup of the EU’s next parliament could affect the future of the bloc’s climate policies. European Commission President Ursula von der Leyen unveiled the…
AI ‘healthcare revolution’ already under way, Nvidia says | Health
Top executive says AI likely to affect healthcare more than any other area of life. Taipei, Taiwan – Generative artificial intelligence (AI) has already brought…
India election: Why Modi’s narrow win sent the stock market tumbling | Financial Markets
India’s stock market took its worst tumble in four years after Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) lost its parliamentary majority. The…
Australia drops legal fight against X over church stabbing videos | Social Media
Elon Musk’s social media platform welcomes decision as a victory for freedom of speech. Australia’s internet watchdog has ended a legal battle to force Elon…
Digital Economy Competition through the Lens of International Relations
The digital economy has become a new battleground for competition among nations. Technologies such as artificial intelligence (AI), blockchain, big data, e-commerce, and the Internet…
Australia’s economy grew by 0.1 per cent in March quarter in very weak start to 2024
Australia's economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the Australian…
What’s the root cause of Nigeria’s economic crisis? | Business and Economy
A general strike demanding higher wages brings Nigeria to a standstill. Nigeria has Africa’s largest population and it’s one of the world’s top oil producers.…
India’s stock market dips as expectations of Modi landslide recede | Elections
Selloff comes after polls predicting large majority for National Democratic Alliance sent stocks to all-time highs. Indian financial markets sold off sharply as early vote…
Epoch Times executive arrested over alleged $67m money laundering scheme | Media News
Weidong Guan is accused of involvement in ‘sprawling’ scheme to launder money to benefit himself and the right-wing outlet. A top executive at the Epoch…
GameStop stock jumps as ‘Roaring Kitty’ shows big bet in Reddit post | Financial Markets News
Keith Gill, or ‘Roaring Kitty’, shared a screenshot on Reddit that showed he may hold five million shares of GameStop. Shares of GameStop soared once…
Trump campaign says its raised $141m in May, boosted by guilty verdict | Politics News
Trump camp says $53m contributed in 24 hours after he was found guilty of 34 counts of falsifying business records. Former United States President Donald…
Egypt’s el-Sisi reappoints PM Madbouly, orders him to form new cabinet | Politics News
President says new government must tackle local and international issues. Egyptian President Abdel Fattah el-Sisi has reappointed Prime Minister Mostafa Madbouly to form a new…