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Financial Markets

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Fed nominee Warsh to outline policy stance at key hearing
Fed nominee Warsh to outline policy stance at key hearing

WASHINGTON D.C.: Federal Reserve chair nominee Kevin Warsh heads into a pivotal Senate hearing on Tuesday, where lawmakers are expected...

Crude rebounds after Iran-US standoff halts tanker movement
Crude rebounds after Iran-US standoff halts tanker movement

NEW YORK CITY, NEW YORK: Oil prices rose sharply in early trading on April 19 after renewed tensions between the United States and...

Dow Jones slips 5 points as investors hold back over Iran
Dow Jones slips 5 points as investors hold back over Iran

NEW YORK, New York -U.S.  stock markets closed with a subdued tone on Monday as investors and traders remained restrained, with the...

Airlines brace for higher costs, cuts as jet fuel supplies tighten
Airlines brace for higher costs, cuts as jet fuel supplies tighten

NEW YORK CITY, NEW YORK: A deepening jet fuel crunch linked to the Iran war and the closure of the Strait of Hormuz is raising fears...

Apple, Huawei defy slowdown as China smartphone sales fall
Apple, Huawei defy slowdown as China smartphone sales fall

BEIJING, China: Apple recorded a sharp rise in iPhone shipments in China in the first quarter, outperforming rivals even as the broader...

Fed probe intensifies as Trump threatens to fire Powell
Fed probe intensifies as Trump threatens to fire Powell

WASHINGTON, D.C.: A federal investigation into the Federal Reserve's US$2.5 billion headquarters renovation intensified this week after...

Technology

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Meta plans first job cuts in May, more layoffs expected later
Meta plans first job cuts in May, more layoffs expected later

NEW YORK CITY/SAN FRANCISCO: Meta Platforms is set to begin a major round of layoffs on May 20 as part of a broader restructuring tied...

Pentagon reliance on SpaceX faces scrutiny after Starlink outage
Pentagon reliance on SpaceX faces scrutiny after Starlink outage

WASHINGTON, D.C.: A Starlink outage that disrupted U.S. Navy drone tests off the California coast has highlighted growing concerns...

China boosts digital technology in push for modernization
China boosts digital technology in push for modernization

BEIJING, April 21 (Xinhua) -- More than 100 humanoid robots competed in 2026 Beijing E-Town half-marathon on Sunday, with the winner...

Tech giants Samsung and LG hike laptop prices twice in three months
Tech giants Samsung and LG hike laptop prices twice in three months

Seoul [South Korea], April 21 (ANI): Samsung Electronics and LG Electronics raised laptop prices twice within a three-month period...

Tech advancements underpin China's Q1 industrial economy
Tech advancements underpin China's Q1 industrial economy

BEIJING, April 21 (Xinhua) -- China's industrial economy posted steady growth in the first quarter (Q1) of 2026, with technological...

Rising young, versatile tech innovators power China's new productivity engine
Rising young, versatile tech innovators power China's new productivity engine

BEIJING, April 21 (Xinhua) -- A 26-year-old graduate from a non-elite university founded what is now one of China's most valuable robotics...