admin Tumbling tech puts brakes on AI rally, Middle East escalation lifts oil
LONDON - Global stocks declined on Monday as fresh hostilities in the Middle East pushed up oil prices and as…
India inflation likely rose to 4% in May as food, fuel costs climb
BENGALURU - India's inflation likely rose to the Reserve Bank of India's medium-term target of 4% in May, driven by…
Oil prices climb more than $4 after Israeli strikes on Iran and Lebanon
PERTH/ BEIJING - Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran…
Analysis-Businesses fear for economy if Swiss vote to cap population at 10 million
ZURICH - Switzerland goes to the polls on June 14 to vote on whether to cap its population at 10…
Armenia’s ruling party secures 49.81% of vote in elections, commission says
Armenian Prime Minister Nikol Pashinyan's ruling party, Civil Contract, has secured 49.81% of the vote in the parliamentary elections, country's…
Israel hits Iran petrochemical plant in new strikes despite Trump reprimand
TEL AVIV/DUBAI/NEW BRUNSWICK, New Jersey - Israel said on Monday it hit a petrochemical plant in Iran's southwest, along with…
Bank of England’s Taylor sees rates on hold barring worst-case scenario
LONDON - Bank of England policymaker Alan Taylor said interest rates at their current level were restrictive for the economy…
China’s Xi hails ‘new start’ in North Korea ties ahead of summit
SEOUL/BEIJING - Ties between China and North Korea are at a "new historical starting point", President Xi Jinping said on…
Indonesia central bank, finance minister agree to boost asset yields to aid rupiah
JAKARTA - Indonesia's central bank chief and finance minister on Saturday agreed to increase yields on Indonesian assets to attract…
India Inc hikes prices, shrinks packs as Iran war squeezes margins
CHENNAI/BENGALURU - From smaller packs on shelves to higher prices at checkout, Indian companies are scrambling to protect their margins…