Russian arms deal is helping North Korean economy, Seoul says
South Korean Defense Minister Shin Won-sik said Monday that North Korea's economy is showing signs of improvement thanks to its arms deal with Russia. Photo…
Cubans stage rare protests amid persisting economic crisis | Business and Economy News
President points finger at US after hundreds of people demonstrate against food shortages and blackouts. Rare protests have taken place in Cuba as the island…
Uber pays $178m to settle lawsuit with taxi drivers in Australia | Technology
Law firm behind class action says outcome among most successful legal actions ever taken against the ride-sharing giant. Uber has agreed to pay $178m to…
Decoding Xi’s New Catchphrase Aimed at Reviving China’s Economy
Breadcrumb Trail LinksPMN BusinessSlogans matter in China. From “socialism with Chinese characteristics” to “common prosperity” the adoption of new catchphrases can herald profound shifts in…
Powell’s Silence Frustrates Markets as Post-Covid Economy Shifts
Breadcrumb Trail LinksPMN BusinessThe Fed chief has been reluctant to make a call on how the US economy has changed since the pandemic.Author of the…
2024 presidential election: Nevada, Arizona small but crucial
LAS VEGAS — When President Biden flies into Nevada on Monday and to Arizona the following day, he’s likely to compliment the West’s natural beauty, pay…
Fed, BOJ Dominate Rate Week for Almost Half the Global Economy
Breadcrumb Trail LinksPMN BusinessInvestors may glean more on the Federal Reserve’s resolve to ease and how close Japan is to finally exiting negative interest rates…
Thailand’s flourishing cannabis culture under threat as gov’t seeks ban | In Pictures
Thodsapol Hongtong is enjoying a smoke with his friends at the Green Party, a venue where recreational cannabis enthusiasts meet in the Thai capital Bangkok…
US prosecutors investigating Meta for role in illicit drug sales, WSJ says | Social Media News
The Wall Street Journal report also says the Food and Drug Administration is helping to investigate the Facebook owner. US prosecutors in Virginia are probing…
Japan’s Nissan, Honda to partner on EVs to challenge Chinese, reports say | Automotive Industry
Japanese carmakers have struggled to keep up with their Chinese rivals in the fast-growing EV market. Japan’s Nissan is seeking a business partnership with Honda…
Biden opposes Japanese takeover of US Steel, touts ‘American steel workers’ | Business and Economy
US president’s remarks come as he is seeking to shore up support in key swing state of Pennsylvania. United States President Joe Biden has opposed…
Japan’s bid to cancel residency of foreigners who dodge taxes stirs unease | Migration News
Tokyo, Japan – For foreigners in Japan, permanent residency has long been a much sought-after assurance of security in a country that has historically shunned…
Despite problems, SpaceX hails progress after third test of Starship rocket | Space News
The space travel company SpaceX has completed its most successful test yet of Starship, the world’s most powerful rocket — but as the unmanned rocket…
Former Trump official Steve Mnuchin puts forward plan to buy TikTok app | Social Media News
Amid concerns over user privacy and national security, Mnuchin told US media that TikTok ‘should be owned by US businesses’. Former United States Treasury Secretary…
EU probes Chinese site AliExpress over potentially illegal online products | Technology News
The European Union also sent requests for info to tech giants on their use of generative artificial intelligence. The European Commission has opened a formal…
Can the Conservative government’s budget win over British voters? | Business and Economy
Britain is cutting taxes for workers again ahead of elections. Britain slipped into recession late last year, and many people and businesses are struggling with…
Who is Muhammad Aurangzeb, the man tasked with fixing Pakistan’s economy? | Business and Economy News
Islamabad, Pakistan — When Pakistan’s 19-member new cabinet took oath on March 11, one man stood out in the lineup: Muhammad Aurangzeb, a political outsider tasked…
Elderly retirees face big losses after Chinese trust goes bust, reflecting turbulent economy
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Dake KangPublished Mar 13, 2024 • 6 minute read Article contentCHENGDU, China (AP) — Some investors…
Japanese solid-fuelled rocket explodes shortly after launch | Space News
Tokyo-based startup Space One was aiming to become the first private Japanese firm to put a satellite into orbit. A small Japanese rocket exploded shortly…
World watches as China sets out priorities for 2024 | Business and Economy
National People’s Congress discusses future of nation amid increasingly turbulent geopolitics. China’s plans for the coming year have been set out at its National People’s…