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Escalating Middle East war could slash global growth to 1.3% in 2026, World Bank chief economist says
Escalating hostilities between the United States and Iran could reignite inflation, drive interest rates higher and knock global growth back to as low as 1.3%, down from 2.9% last...
China
Rubio meets Wang, discusses laying groundwork for Chinese president's US visit
U.S. Secretary of State Marco Rubio said he discussed with Chinese Foreign Minister Wang Yi on Wednesday the need to identify areas of cooperation to lay the groundwork for a "ve...
China
Canada FM urges Middle East de-escalation, calls South China Sea confrontation 'troubling'
Canada is calling for a de-escalation and a permanent ceasefire in the Middle East, with the situation "quite grave", its foreign minister Anita Anand said on Wednesday on the sid...
China
Australia's Wong says region faces choice about its response to South China Sea 'aggression'
Australia's foreign minister said on Wednesday that Asian countries face a choice in how they respond to instances of aggressive conduct in the South China Sea that were of conce...
China
India's edible oil imports to surge July-October as supplies shrink before festivals
India's edible oil imports are set to climb between July and October as slower soybean and rapeseed crushing erodes domestic supplies, ahead of peak festive demand, industry offic...
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Volkswagen's CARIZON and Horizon Robotics deepen self-driving partnership in China
Volkswagen said on Wednesday its China-based automated driving unit CARIZON will deepen its partnership with Horizon Robotics to speed up development of advanced self-driving techn...
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Morning Bid: The new ad for chips? An AI model Breaking Bad
A look at the day ahead in European and global markets from Gregor Stuart Hunter
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Rubio to hold talks with China's Wang Yi as regional powers join ASEAN meeting
U.S. Secretary of State Marco Rubio will meet Chinese Foreign Minister Wang Yi on Wednesday on the sidelines of a regional gathering led by the Southeast Asian bloc ASEAN, where ...
China
Asian stocks extend gains as US rebounds, chipmakers lead
Stocks jumped at the start of trading in Asia on Wednesday as investors took cues from a rebound in U.S. markets, shrugging off climbing oil prices as Houthi rebels threatened to...
China
China's foreign minister discusses trade balance with EU lawmakers
Chinese Foreign Minister Wang Yi told a delegation of European lawmakers in Beijing on Tuesday that China and the EU should promote an "upward dynamic balance" in bilateral trade...
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Trump prepares fresh tariffs on dozens of countries, FT reports
U.S. President Donald Trump is poised to unleash fresh tariffs on dozens of countries as soon as this week, the Financial Times reported on Tuesday, with his temporary 10% gl...
China
US, Mexico resume USMCA trade talks as Trump hits Canada with new tariffs
U.S. and Mexican trade negotiators will meet for a third round of bilateral talks to try to push forward with revising the North American trade agreement, just as President Donald...
China
US, China to hold AI talks in September, sources say
The United States and China will hold talks over AI in September, five people familiar with the matter told Reuters, as the rival superpowers grapple with how to mitigate the risk...
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Indian steelmakers pivot home as Europe tightens imports, China squeezes margins
Indian steelmakers are pivoting to the domestic market to offset weaker exports as key markets Europe and Britain tighten imports, but competition from cheap Chinese steel at hom...
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China summons Philippine ambassador over South China Sea encounter
Beijing said it summoned the Philippine ambassador to China on Tuesday over an encounter a day earlier between the two countries in the Second Thomas Shoal, according to a statem...
China
Philippines' Marcos names new military chief
Philippine President Ferdinand Marcos Jr has appointed Antonio Nafarrete as the new chief of the country's armed forces, the defence ministry said on Tuesday.
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Japan protests Chinese live-fire drill in nearby waters
Japan said on Tuesday it had lodged a protest with China about live-fire drills it says were conducted in its exclusive economic zone, an incident that could further strain relat...
China
ASEAN's top diplomats meet in shadow of US-Iran conflict
Tensions between the U.S. and Iran are likely to cast a shadow over a diplomatic gathering in Southeast Asia this week, injecting additional uncertainty into a region grappling wi...
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