BEIJING: When Russian President Vladimir Putin walked shoulder to shoulder with Chinese President Xi Jinping on Wednesday (Sep 3), a hot mic caught them discussing organ transplants and the possibility that humans could live to 150 years old. The moment came as Putin and Xi walked with North Korea’s Kim […]
Business
WASHINGTON: President Donald Trump said on Wednesday (Sep 3) the US might have to “unwind” trade deals it reached with the European Union, Japan and South Korea, among others, if it loses a Supreme Court tariffs case, and warned that a loss would cause the US “to suffer so greatly”. […]
Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International Monetary Fund, a government statement showed on Friday. Patel has been appointed for a period of three years. He took over as the RBI governor from Raghuram Rajan in September 2016 and resigned […]
TOKYO: Take-private deals in Japan are likely to hit a record high this year, exceeding the $40.3 billion total racked up in 2023, according to private equity funds and advisers, as companies bow to pressure to improve returns for investors. Japanese companies once feared private equity as “hagetaka”, or vultures. […]
GENEVA: At least 25 countries have decided to suspend package deliveries to the United States, as concern grows over the impact of President Donald Trump’s looming tariffs, a UN body said yesterday. The Trump administration said late last month that it will abolish a tax exemption on small packages entering […]
ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees (US$4.57) per month, its most affordable offering yet, as the company looks to deepen its presence in its second-largest market. Global companies often offer cheaper subscription plans for India’s price-sensitive market, targeting the […]
TOKYO: Oil prices edged higher on Thursday, regaining ground after a sell-off in the previous session, with the upcoming meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin raising risk premiums in the market. Brent crude futures were up 28 cents, or 0.43 per cent, at $65.91 […]
LONDON: Gigantic robot arms controlled by artificial intelligence glide around a vast factory in Oxfordshire, England, making building frames from timber, one of the world’s oldest construction materials. With the British government committed to building 300,000 new homes a year, some housebuilders say that the combination of technology and green […]
BANGKOK: Thailand’s economy is expected to grow 2.2 per cent this year, slightly higher than a previous forecast of 2.1 per cent, the finance ministry said on Wednesday. Exports, a key driver of Thai growth, are expected to rise 5.5 per cent this year, up from an earlier forecast of […]
BANGKOK: Car production in Thailand rose for a second straight month in June, up 11.98 per cent from a year earlier to 130,223 units, the Federation of Thai Industries said on Thursday. The increase followed a year-on-year rise of 10.32 per cent in May. Thailand is Southeast Asia’s biggest auto […]