US economy is improving, weeks before the election. Will Trump benefit?
WASHINGTON: The US labour market and broader economy made some gains this week, which history shows should be good news for President...
Zaidi, Umurzakov discuss utilisation of seaports to connect CARs to world
ISLAMABAD: Pakistan and Uzbekistan have discussed the establishment of trade routes and utilisation of Pakistani seaports to connect Central Asian Republics to...
Pakistan to host meeting of audit heads from SCO countriesÂ
ISLAMABAD: The department of Auditor General of Pakistan (AGP) will host the fifth high-level meeting of the heads of Supreme Audit Institutions...
ByteDance to set up TikTok operations in Singapore after US ban
BEIJING: ByteDance, the Chinese owner of video-sharing app TikTok, is planning to make Singapore its beachhead for the rest of Asia as...
Oil ease after surprise US crude stock build confirmed
NEW YORK: Oil prices eased on Thursday after US data showed a surprise build in crude stockpiles last week, confirming an industry...
US weekly jobless claims stuck at higher levels
WASHINGTON: The number of Americans filing new claims for unemployment benefits hovered at high levels last week, strengthening views that the labour...
China’s Huawei to launch rival to Google Android on smartphones next year
SHENZHEN: Huawei Technologies plans to introduce its Harmony operating system, seen as the company’s best bet to replace Google’s Android mobile operating...
Battery-powered face mask seeks to fight Covid and foggy glasses
SEOUL: A South Korean company has invented a battery-powered filtered face mask designed to reduce annoying problems associated with conventional designs, such...
India’s Reliance offers Amazon $20 billion stake in retail arm: Bloomberg
BENGALURU: India’s Reliance Industries (RELI.NS) is offering to sell a roughly $20 billion stake in its retail arm to Amazon.com Inc (AMZN.O),...
Reform hopes rise as China focuses on inward economic shift
BEIJING: Chinese reform advocates are hoping President Xi Jinping’s proposed new economic model, expected to be the centrepiece of a key conclave...
92pc US firms plan to stay in China despite Trump’s threat
WASHINGTON: While the Trump administration has pushed to decouple US-China trade, a new survey has found that 92.1 per cent of American...
Top 6 US tech titans lose over $1tr in stock sell-off
WASHINGTON: The recent stock rout has wiped out over $1 trillion from the value of America’s biggest tech corporations, including the world’s...
Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans
Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks...
Vaccine hopes hit as US tech selloff hits equities, oil falls on demand worry
TOKYO/NEW YORK: Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares...
US firms in China increasingly fear soured ties will last for years: survey
SHANGHAI: US companies in China are increasingly fretful that trade tensions between the world’s two biggest economies will drag out over years...