Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered the outlook for global crude supplies outlined in
by Our Correspondent in Colombo President Anura Kumara Dissanayake has ordered the temporary suspension of Adani Green Energy’s wind power projects in Mannar, citing environmental concerns, local grievances, and the need for
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PwC has intensified oversight of its UK employees’ office attendance, introducing a dashboard that allows senior partners to track staff presence via pass swipes and laptop WiFi connections. The move, first reported
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Despite weakening consumer confidence and rising geopolitical tensions, British companies are increasingly optimistic about opportunities in China. British wine club operator 67 Pall Mall, for instance, is preparing to open its first
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The International Energy Agency (IEA) has warned that rising global oil production, led by Saudi Arabia, is set to collide with weakening demand in the final quarter of 2025, particularly in Asia.
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AI startup Perplexity has made an unsolicited $34.5 billion offer to acquire Google’s Chrome browser, a bold move aimed at capitalizing on potential U.S. antitrust remedies that could force the search giant
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Indian equities are poised for a modest gain on Wednesday, buoyed by positive sentiment across Asian markets and fresh signs of easing inflation both at home and in the U.S., Bloomberg News
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Huawei Technologies has introduced a groundbreaking software tool aimed at reducing China’s dependence on costly foreign high-bandwidth memory (HBM) chips, a critical component for powering advanced artificial intelligence (AI) applications. The new
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China has taken a significant step forward in its campaign to globalize the yuan, securing a record-breaking offshore loan deal with Australian mining giant Fortescue Metals Group. The $1.98 billion (14.2 billion
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HSBC, Europe’s largest bank and Hong Kong’s biggest lender, has flagged nearly three-quarters of its commercial property loans in Hong Kong as risky, highlighting growing concerns amid a prolonged slump in retail
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Vietnam’s richest man, Pham Nhat Vuong, is recalibrating his electric vehicle startup VinFast Auto Ltd.’s strategy, turning away from its ambitious yet faltering expansion into the US and European markets to concentrate
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Billionaire families across Asia are deepening their involvement in the gold market, moving beyond traditional holdings like index trackers and vault storage to directly financing, shipping, and trading physical gold. This resurgence
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President Donald Trump has extended a pause on tariffs targeting Chinese goods for another 90 days, delaying a planned tariff increase until November 10 and easing tensions between the world’s two largest
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Tractors have leveled dusty ground in Belinchón, Spain, preparing to install thousands of solar panels powered by mini-motors in scorching 35°C heat. Miguel de la Rosa, an engineer for project owner Zelestra,
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U.S. President Donald Trump’s tariff policy is designed to bring manufacturing jobs back to American soil, Treasury Secretary Scott Bessent said in an exclusive interview with Nikkei. Speaking 200 days into the
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Mainland Chinese buyers have accounted for 80% of transactions in Hong Kong’s ultra-luxury property market over the past 19 months, snapping up around HK$23 billion (US$2.93 billion) worth of homes, according to
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