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Companies trim tariff forecasts as Trump trade deals ease impact
Companies trim tariff forecasts as Trump trade deals ease impact

WASHINGTON, D.C.: Global companies have reported more than US$35 billion in costs tied to U.S. tariffs, but many are now scaling back...

China’s rare earth curbs pose global supply risk, Goldman warns
China’s rare earth curbs pose global supply risk, Goldman warns

NEW YORK CITY, New York: Goldman Sachs has warned that global supply chains for rare earths and other critical minerals face mounting...

U.S. stocks sell off, Nasdaq Composite sheds 213 points
U.S. stocks sell off, Nasdaq Composite sheds 213 points

NEW YORK, New York - U.S. stock markets fell on Wednesday as renewed weakness in technology shares and cautious sentiment ahead of...

China GDP growth dips to 4.8%, slowest in a year amid tariffs
China GDP growth dips to 4.8%, slowest in a year amid tariffs

HONG KONG: China's economy grew 4.8 percent year-on-year in the July–September quarter, the slowest pace in a year, as U.S. tariffs,...

L’Oréal to buy Kering beauty unit for $4.7 billion as de Meo pivots
L’Oréal to buy Kering beauty unit for $4.7 billion as de Meo pivots

PARIS, France: Kering has agreed to sell its beauty business to L'Oréal for 4 billion euros (US$4.66 billion), marking one of the first...

Apple’s iPhone 17 outpaces iPhone 16 in early China, US sales
Apple’s iPhone 17 outpaces iPhone 16 in early China, US sales

BEIJING, China: Apple's iPhone 17 series has gotten off to a stronger start than its predecessor, with early sales in China and the...

Asia Pacific

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LDP Leader Takaichi sworn in as Japan’s 104th prime minister
LDP Leader Takaichi sworn in as Japan’s 104th prime minister

TOKYO, Japan: Sanae Takaichi, leader of Japan's ruling Liberal Democratic Party (LDP), was sworn in on October 21 as Japan's first...

Taiwan opposition party picks reformist Cheng Li-wun as leader
Taiwan opposition party picks reformist Cheng Li-wun as leader

TAIPEI, Taiwan: Taiwan's main opposition Nationalist Party, or Kuomintang (KMT), has elected former lawmaker Cheng Li-wun as its new...

Trump expects fair China trade deal, brushes off Taiwan threat
Trump expects fair China trade deal, brushes off Taiwan threat

WASHINGTON, D.C.: U.S. President Donald Trump said he expects to strike a fair trade deal with Chinese President Xi Jinping, while...

Samsung family plans $1.2 billion share sale after stock rally
Samsung family plans $1.2 billion share sale after stock rally

SEOUL, South Korea: Members of Samsung's founding family plan to sell 1.73 trillion won (US$1.22 billion) worth of shares in Samsung...

Beijing targets South Korean firm amid Trump’s shipyard revival plan
Beijing targets South Korean firm amid Trump’s shipyard revival plan

HONG KONG: China's Commerce Ministry said this week that it is banning Chinese companies from doing business with five subsidiaries...

India re-elected as Vice-Chairperson of COP10 bureau, reaffirms commitment to clean sport
India re-elected as Vice-Chairperson of COP10 bureau, reaffirms commitment to clean sport

New Delhi [India], October 23 (ANI): India actively participated in the 10th Session of the Conference of the Parties (COP10) to the...

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