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Posted on May 8, 2025

Japan’s JFE to boost overseas investments, but suspend blast furnace

JFE Holdings , parent of Japan’s second-biggest steel maker, said on Thursday it will invest 400 billion yen ($2.8 billion) overseas over the next three years to drive growth, while suspending a blast …
Posted on May 8, 2025

OpenAI chief Sam Altman: US barely ahead of China in artificial intelligence arms race

Sen. Ted Cruz chaired a Commerce Committee hearing featuring Sam Altman, Lisa Su, Michael Intrator and Brad Smith.
Posted on May 8, 2025

India’s Sula Vineyards’ quarterly profit drops on weak urban consumption

India’s biggest winemaker Sula Vineyards reported a nearly 4% fall in fourth-quarter profit on Thursday, hurt by a prolonged slowdown in urban consumption.
Posted on May 8, 2025

Where Trump’s trade talks stand with China, Canada, Japan, and other key countries

With time running out on his 90-day tariff pause, Donald Trump and his team have yet to announce a new trade agreement.
Posted on May 8, 2025

Balyasny’s $30 million pay package shows race for Japan rates traders

A talent war is intensifying in the yen rates space, as banks and hedge funds snap up seasoned traders after the biggest market swings in years inflicted widespread losses.
Posted on May 8, 2025

Bangladesh’s PMI drops 8.8 points in April, settles at 52.9

Bangladesh’s overall Purchasing Managers’ Index (PMI) score in April saw a decrease of 8.8 points from March to reach 52.9.
Posted on May 8, 2025

‘No accommodation services to Turkish in Goa’: India backlash grows over Ankara’s support to Pak

Turkish President Recep Tayyip Erdoğan reportedly spoke to Pakistan Prime Minister Shehbaz Sharif, praising Pakistan’s “calm and restrained policies” and offering diplomatic support.
Posted on May 8, 2025

How India Is Trying to Squeeze Pakistan Far From the Battlefield

The nuclear-armed rivals are also wrangling over Pakistan’s access to desperately needed foreign aid, as India explores ways to use its soft power and relationships to bedevil its old enemy.
Posted on May 8, 2025

India’s L&T beats quarterly profit view

India’s Larsen and Toubro (L&T) reported fourth-quarter profit above analysts’ estimates on Thursday, and said its order growth quickened.
Posted on May 8, 2025

Analysis-Indian court’s reversal of $2.3 billion deal casts shadow on bankruptcy law

A decision by India’s Supreme Court to quash a $2.3-billion steel industry deal six years after an insolvency tribunal approved it has unsettled buyers of distressed assets, throwing a shadow over one …

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