Economy
US: Stocks tumble as weak jobs report adds to doubts on economy
Published Sat, Aug 2, 2025 · 06:10 AM[NEW YORK] Wall Street stocks finished sharply lower Friday (Aug 1) following a weak July jobs report that raised concerns about US...
Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
[FRANKFURT] The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday (Jul 25), even as...
China’s gig economy booms as blistering heat leaves workers exposed
[BEIJING] On a scorching morning in Beijing, Hao and a dozen other food delivery drivers sweltered outside a hot-pot restaurant. They smoked. They swiped through videos. They waited for...
Wall Street’s booming June is big bet against economy doomsayers
[NEW YORK] Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears of a global...
Indonesia working on new e-commerce tax rule in bid to target ‘shadow economy’
[JAKARTA] Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to tackle the “shadow economy”,...
Opec sees solid second-half of 2025 for world economy, trims 2026 supply
Published Mon, Jun 16, 2025 · 08:43 PM[LONDON] Opec on Monday (Jun 16) said it expected the global economy to remain resilient in the second half of this year...
Chinese economy stays challenged but some consumer stocks offer potential: BOA
[SINGAPORE] While headwinds persist for the Chinese economy and consumer confidence stays low, a select range of stocks could defy broader market trends and outperform their peers, said the...
HP plunges after cutting profit outlook on tariffs, economy
[SEATTLE] HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings forecast, pointing towards a...
