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...

Indian economy projected to contract 11.8pc YOY: Fitch

NEW DELHI: India’s economy is projected to contract 11.8pc on the year in the current fiscal year beginning from April, before bouncing...

Oil slides over 3pc to lowest since June on demand fears

LONDON: Oil slid more than 3pc towards $40 a barrel on Tuesday, its 5th session of decline, pressured by concerns that a...

Wall Street, China getting closer despite tensions in tech industry

BEIJING: Although tensions between the United States and China in technology industry continue to grow, 'Wall Street and China are getting closer',...
Oil producers

Oil falls 3pc, heads for weekly drop on demand concerns

NEW YORK: Oil prices fell more than 3pc on Friday, headed for their biggest weekly decline since June as concern around a...

Ad frauds cost Japan advertisers $38.5m in 1st half of 2020: Spider Labs

SINGAPORE: During the peak of the Covid-19 lockdowns in Japan, during April and May 2020, ad fraud activity slowed down according to...

‘Flying’ electric speedboat debuts on Switzerland’s lakes

LUCERNE: The world’s first electric-powered hydrofoil speedboat, which reduces energy consumption and noise - as well as seasickness - by “flying” above...

Oil prices at one-month low on demand worries

LONDON: Oil prices extended losses on Thursday, falling to their lowest point since early August, as worries about weaker US gasoline demand...

China strongly opposes India banning Chinese mobile apps

BEIJING: China’s commerce ministry said on Thursday it strongly opposed India banning Chinese mobile apps. Indian actions violate the legal interests of Chinese...

Oil drops 1.5pc, reversing course as US gasoline demand slumps

NEW YORK: Oil fell more than 1.5pc on Wednesday, reversing course as gasoline demand fell in the United States in the latest...

India bans PUBG, 117 other apps as it takes aim at China tech

BENGALURU: India has banned another 118 mostly Chinese mobile apps including Tencent Holdings Ltd’s popular videogame PUBG, citing data security concerns, according...

Oil steady as prices struggle to break through demand uncertainty

NEW YORK: Oil prices were little changed on Monday, with Brent slipping from a five-month high as global demand struggled to return...

Captainless WTO in troubled water with no land in sight

GENEVA: As Roberto Azevedo leaves the World Trade Organization (WTO) on Monday, the institution faces multiple crises without a captain, a situation...

India’s economy shrinks record 23.9pc in April-June quarter

NEW DELHI: Indian economy contracted at its steepest pace on record of 23.9pc year-on-year in the June quarter, official data showed on...

Value stocks may lead US out of economic slump, experts say

NEW YORK: As US stocks hit record highs, some investors are betting the market’s future gains will be increasingly driven by some...