Asian stocks climbed on Thursday as investors welcomed US President Donald Trump's auto tariff delay and were expecting China to announce a large stimulus package.
AFP news Mar 06, 2025
China vowed to fight a trade war with the United States "to the end" on Thursday, as tariffs from Washington buffeted the global economy and threatened to hit Beijing's lagging growth.
AFP news Mar 06, 2025
The Japanese owner of 7-Eleven announced on Thursday a raft of new measures to fend off a takeover by a Canadian rival, including a huge share buyback and an IPO of its US unit.
AFP news Mar 06, 2025
The shock entrance of DeepSeek in the race to develop advanced artificial intelligence has put the world on notice as to China's innovation prowess, a high-ranking Beijing official said Thursday.
AFP news Mar 06, 2025
The summit featured several meetings with the participation of 18 speakers, and saw the attendance of more than 400 leaders, decision-makers and entrepreneurs from the Arab world and China.
Sana Khan Mar 04, 2025
This partnership will enhance travel convenience between Abu Dhabi and Spain, while also improving connectivity between Europe, Latin America, the Middle East, and Asia. Passengers will benefit from smoother, more seamless travel across these key regions.
Sana Khan Feb 28, 2025
Apple said on Monday it will spend more than $500 billion in the United States over the next four years and hire 20,000 people, with President Donald Trump quickly taking credit for the announcement.
AFP news Feb 25, 2025
Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US President Donald Trump.
AFP news Feb 24, 2025
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.
AFP news Feb 24, 2025
The World Trade Organization's entire mission is overseeing global trade, but US President Donald Trump's tariff offensive has left it adrift.
AFP news Feb 21, 2025
Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker.
AFP news Feb 21, 2025
Japanese inflation accelerated in January, further pressuring households as prices excluding fresh food rose 3.2 percent on-year, government data showed Friday.
AFP news Feb 21, 2025
Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car sales, as Germany's auto sector reels.
AFP news Feb 20, 2025
Renault confirmed on Thursday it defied headwinds in the car industry by boosting revenue and attaining record profitability in 2024 thanks to the success of its new line up of vehicles, although net profit sank as it scaled back its partnership with Nissan.
AFP news Feb 20, 2025
Donald Trump said Wednesday his administration was "looking at alternatives" to Boeing following delays in delivering two new models of the US presidential Air Force One plane.
AFP news Feb 20, 2025
The applicant must be a qualified professional in the field they plan to explore in the UAE. Additionally, they must have a passport valid for at least six months, health insurance coverage within the UAE, and a confirmed ticket for onward travel or departure from the country.
Sana Khan Feb 20, 2025
US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.
AFP news Feb 19, 2025
Britain's annual inflation rate rose more than expected last month, official data showed Wednesday, adding pressure to the Labour government which is also facing sluggish economic growth.
AFP news Feb 19, 2025
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026.
AFP news Feb 19, 2025
Asian markets were mixed Wednesday after President Donald Trump broadened his tariff threats, while traders were also assessing the geopolitical outlook after the first high-level official US-Russia talks since the invasion of Ukraine.
AFP news Feb 19, 2025
Donald Trump's threats of import tariffs have sent shockwaves through Canada, forcing businesses to question their dependence on the United States -- a reassessment that is creating headaches for many sectors.
AFP news Feb 19, 2025
The delegation included prominent investors, CEOs, and leading economic and trade experts. Their visit centered on fostering strategic partnerships and identifying new investment opportunities in Sharjah.
Sana Khan Feb 19, 2025
Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence.
AFP news Feb 18, 2025
Electric vehicle maker Tesla has begun hiring in India, with the company of tycoon Elon Musk issuing advertisements days after US President Donald Trump's right-hand man met with India's premier.
AFP news Feb 18, 2025
Asian markets were mixed Tuesday with Hong Kong resuming its tech-led rally after a meeting between President Xi Jinping and China's top business leaders fanned hopes that a long-running crackdown on the private sector is coming to an end.
AFP news Feb 18, 2025
Argentine President Javier Milei on Monday denied promoting a cryptocurrency that crashed, losing investors billions of dollars and prompting a flood of complaints, as prosecutors reportedly prepare an investigation into the scandal.
AFP news Feb 18, 2025
From sizing advice via selfies to robot stock-takers, online shopping behemoths have increasingly turned to artificial intelligence in a bid to stem the flow of bad-for-business clothes returns.
AFP news Feb 17, 2025
Japan's economic growth slowed sharply last year, official data showed Monday, although the rate for the fourth quarter topped expectations.
AFP news Feb 17, 2025
Alibaba shares soared by more than six percent on Friday following reports that Chinese President Xi Jinping was poised to meet with the tech juggernaut's co-founder Jack Ma.
AFP news Feb 14, 2025
A run of new-release flops and the delay of the latest "Assassin's Creed" instalment sent revenue at French games giant Ubisoft plunging in its third quarter, the company reported Thursday as it continues to weigh its future.
AFP news Feb 14, 2025