India's central bank cut interest rates more than expected on Friday, citing muted inflation and a need to kickstart economic growth amid concerns about the impact of US tariffs. Easing price concerns have also allowed the RBI to concentrate on growth, with retail inflation dropping to a near six-year-low of 3.16 percent in April.
Asian stocks were mixed Monday as investors assess how the land lies on the trade war front with countries seeking to temper Donald Trump's eye-watering tariffs. The discussions will be closely watched as a barometer for efforts by other countries seeking tariff relief.
Intelligent driving features are the new battleground in China's merciless car market, with competition spurring brands to world-leading advances -- but a recent fatal crash has seen the government intervene to put the brakes on runaway enthusiasm. - Then came a fatal accident in March involving a Xiaomi SU7 that had been in assisted driving mode just before it crashed.
The Central Bank of Nigeria Governor, Yemi Cardoso and Finance Minister Wale Edun held a joint press conference and shared targets for the economy.
Household kerosene has become scarce and expensive in Nigeria as marketers attribute the situation to low consumer demand, slow sales, and others.
At a laboratory in Austria's mountainous Tyrol province, scientists are DNA testing about 100 honey samples a month to learn about their composition -- and in some cases to determine whether they have been adulterated. - Rigorous process - Austria's Sinsoma has specialised in DNA testing.
Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it isn't so straightforward this time around. He said the practice has limits as tariffs are constantly changing and it isn't always practicable.
At a mountainside cafe in southwestern China, Liao Shihao brews handfuls of locally grown beans into steaming cups of coffee, a modern twist on the region's traditional drink. Liao Xiugui himself drinks two or three cups a day, and credits the caffeinated beverage for keeping him spry in his advanced years.
Prosecutors in Turkey announced dozens more arrests Saturday as part of an ongoing corruption probe, denounced by opposition leaders as a pretext to remove resistance to an ambitious Istanbul canal project.
In fluid synchronisation, dozens of robotic arms picked up metal parts and welded them onto vehicle beds, as car skeletons gradually took shape and progressed along an automated factory floor near the eastern Chinese city of Ningbo.
Economy
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