China to probe European dairy imports as trade dispute escalates
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Oil tanker left adrift and ablaze after Red Sea attack
A Greek-flagged oil tanker was left adrift and ablaze in the Red Sea following strikes off the Yemeni coast, Greek and U.K. authorities have indicated.
The seeds of Deng Xiaoping’s legacy have yielded remarkable progress
China’s transformation over the last four decades since its reform and opening up in the late 1970s is a highly unusual phenomenon. China’s gross domestic product grew from US$150 billion in 1978 to about US$17.8 trillion by 2023, making it the world’s second largest economy. Per capita GDP jumped from US$157 in 1973 to US$12,614 by 2023, surpassing countries like India and Thailand. In first-tier cities like Shanghai, Beijing and Shenzhen, the average per capita GDP ranges between US$26,000 and US$28,000, topping the amount considered as high-income by World Bank standards.
Stock futures are marginally lower as traders await comments from Powell due later this week: Live updates
Stock futures were marginally lower Thursday morning as investors look ahead to commentary from Federal Reserve Chair Jerome Powell expected later this week.
India walks a diplomatic tightrope, making friends with Ukraine while ally Russia watches on
Indian Prime Minister Narendra Modi's visit to Ukraine on Friday is likely to be closely watched by New Delhi's long-standing ally, Russia.
India’s Modi visits Ukraine this week, after a recent trip to Moscow. Here’s what it could mean
NEW DELHI (AP) — Indian Prime Minister Narendra Modi is set to meet with Ukrainian President Volodymyr Zelenskyy in a historic visit Friday to Ukraine, a month and a half after he traveled to Moscow to hold talks with President Vladimir Putin.
Asia-Pacific markets mostly open stronger ahead of Bank of Korea rate decision; investors assess Fed minutes
Asia-Pacific markets opened mostly higher on Thursday, as investors assess flash business activity data from Australia, Japan and India throughout the trading day and keep an eye on the Bank of Korea's rate decision.
'Pick a number': Strategist says the U.S. dollar will drift much lower against the Japanese yen
The U.S. dollar is likely to continue to drift lower against the Japanese yen over the coming months, according to one market strategist, particularly as the yen-funded "carry trade" could have plenty of room to run.