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19993 articles published since 08 Mar 2022

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India economic growth beats forecasts but tariffs loom
India economic growth beats forecasts but tariffs loom
Economy

India's economy grew faster than expected in the last quarter, official data showed Friday, but the impact from US tariffs is expected to bite in the rest of the financial year. - Tariff threat - Some experts expect the economy to lose steam in the coming quarters.

China says humanoid robot buzz carries bubble risk
China says humanoid robot buzz carries bubble risk
Economy

More than 150 Chinese companies are making humanoid robots but a market bubble risks forming in the rapidly growing futuristic industry, a Beijing official has warned. More than half of China's 150 humanoid robot companies -- a figure still increasing -- are "startups or 'cross-industry' entrants, which is a good thing for innovation", Li said.

Asian markets struggle to build on week's rally
Asian markets struggle to build on week's rally
Economy

Markets fluctuated Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month. The yen swung against the dollar after data showed inflation in Tokyo, seen as a bellwether for Japan, came in a little higher than expected, reigniting talk on whether the central bank will hike interest rates in the coming months.

China, inflation could pop Japan PM's bubble
China, inflation could pop Japan PM's bubble
Economy

Charming Donald Trump one week, angering China the next, Japan's Prime Minister Sanae Takaichi has had a busy start and is riding high in the polls, all on a few hours of sleep a night. - Hole in one - Takaichi has admitted only sleeping two to four hours a night.

Government groceries? NY's new leftist mayor eyes supermarket experiment
Government groceries? NY's new leftist mayor eyes supermarket experiment
Economy

New Yorkers struggling to afford food in the country's biggest city -- and often exorbitantly expensive financial capital -- may finally get a break if the incoming socialist mayor's daring new plan succeeds. Democratic Socialist Zohran Mamdani won a stunning victory, in part on his promise to open affordable city-run supermarkets.

Venezuela foreign airline ban slammed as 'disproportionate'
Venezuela foreign airline ban slammed as 'disproportionate'
Economy

Venezuela's decision to ban foreign airlines that stopped flying to the Caribbean country over concerns about US military activity was branded "disproportionate" on Thursday as thousands of passengers scrambled to save their travel plans. Portuguese Foreign Minister Paulo Rangel accused Venezuela on Thursday of a "disproportionate" reaction.

Europe secures record space budget to boost indepedence
Europe secures record space budget to boost indepedence
Economy

The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros to fund its programmes for the next three years, as the continent seeks greater independence in space. The programme, with an estimated 1.35-billion-euro budget, has both civilian and military applications and aims to strengthen European security.

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