S. Arabia’s AI fund open to divest from China at US request
The head of Saudi Arabia's new $100 billion tech investment fund, Alat, signaled a willingness to sever ties with…
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Japan’s manufacturing reaches 49.6% in April – PMI
Japan's manufacturing sector edged closer to stability in April.
Microsoft, Brookfield team up for renewable energy projects
Brookfield Asset Management of Canada, with support from Microsoft, is planning to establish new wind and solar…
Egypt’s food exports reach 210K tons in 1 week
Egypt’s food exports reached 210,000 tons in the week ended on April 26, compared to a week earlier.
US economy slows to 1.6% in Q1 of ’24 – BEA
The US economy grew at a sluggish 1.6 per cent annual rate in the first quarter of 2024.
Japan’s Asahi Kasei to build $1.3b EV battery plant in Canada
Japanese chemical company Asahi Kasei plans to construct a new $1.3 billion plant in Canada to manufacture…
US oil, gas transactions surge to $51b in Q1
US oil and gas transactions in the first quarter (Q1) surged to a record-breaking $51 billion, building upon the…
Asian stocks climb, eyes turn to Fed data
Asian stocks continued their upward trajectory on Tuesday, gaining 0.8 per cent, fueled by gains on Wall Street and…
Tesla shares slide 3%
Tesla’s shares tumbled more than three per cent in pre-market trading on Monday, as concerns about profitability…
Asian stocks rebound as Middle East tensions ease
Asian stock markets recovered some lost ground on Monday after fears of a wider conflict in the Middle East…