Economy

Economy Latest News

Asian markets slip as traders await US data, Nvidia release
Asian markets slip as traders await US data, Nvidia release
by  AFP

Equity investors stepped cautiously Wednesday ahead of key US data and the release of earnings by tech titan Nvidia that could shine a light on demand for all things artificial intelligence after this year's tech-led markets rally. But the headliner is the earnings report from Nvidia, which is due for release after the US market closes.

Judicial reforms strain Mexican-US ties, spook investors
Judicial reforms strain Mexican-US ties, spook investors
by  AFP

Controversial judicial reforms promoted by Mexico's outgoing president are straining diplomatic relations with the United States, its neighbor and key trading partner, while also rattling financial markets. Canada, also a member of the major free trade partnership with the United States and Mexico, has for its part said investors are worried.

Durov's Telegram: 'weapon of war' under increased scrutiny
Durov's Telegram: 'weapon of war' under increased scrutiny
by  AFP

The arrest of maverick entrepreneur Pavel Durov has drawn global attention to the importance of his messaging app Telegram for Russian troops and propagandists as Moscow's war against Ukraine grinds into its third year.

UK's Starmer warns October 30 budget will be 'painful'
UK's Starmer warns October 30 budget will be 'painful'
by  AFP

UK Prime Minister Keir Starmer warned Tuesday that his new government's first budget in just over two months will be "painful", asking the country to "accept short-term pain for long-term good". "There is a budget coming in October, and it's going to be painful," Starmer said.