Business & Tech

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Business & Tech

Coverage of business, technology, and finance, from global markets to the latest tech and AI news.

Federal Reserve Governor Christopher Waller said Donald Trump should be free to voice his opinion about the US central bank

Part of the job

Trump should be 'free' to criticize the Fed, senior official says

Sales of previously-owned US homes fell 5.9 percent in March according to industry data, more than analysts expected

5.9 percent slide

US existing home sales see biggest drop since 2022

'Everybody' will be affected

'Made in America' lingerie squeezed by Trump's tariffs

IMF Managing Director Kristalina Georgieva said uncertainty around US tariff policy was a 'cloud that is hanging over our heads'

Future discussions

US Treasury chief raised 'important issues' in IMF criticism: Georgieva

The road ahead looks treacherous for Nissan after the Japanese auto giant predicted an enormous loss just as US President Donald Trump's tariffs on car imports hit the industry

Challenging period

Warning lights flash at Nissan after monster profit warning

Procter & Gamble, owner of Crest and other big consumer brands, trimmed its outlook, noting the drag of tariffs and a weakening economic outlook

Revised forecast

P&G cuts outlook as consumers pull back amid tariffs

The German government had previously expected slight GDP growth of 0.3 percent for this year after Europe's top economy shrank for the past two years

Germany expects zero GDP growth this year, blames Trump tariffs

Nissan is due to make its annual earnings announcement in mid-May

Heavily in debt

Nissan forecasts huge annual net loss of up to $5.3 bn

US President Donald Trump's approval ratings have tumbled in the weeks since he anounced punishing import tariffs on most countries, a sign of potential political headwinds for his Republican Party

After various U-turns

Americans wary of Trump's economic about-faces

Trump has defended Tesla but the company's sales have fallen

Tesla's EU sales plunge as Musk takes flak

Trump's comments that US tariffs on China were

Conciliatory comments

Asian markets mixed as Trump soothes Fed fears

Mining superpower Australia sits on bulging deposits of lithium, nickel and cobalt -- metals used in everything from smartphones to electric vehicles

'Increasingly uncertain times'

Australia to stockpile critical minerals in strategic reserve

This week, the International Monetary Fund sharply revised down its growth forecast for South Korea this year, cutting it from 2.0 percent to 1.0 percent

On top of political chaos

S. Korea's economy shrinks in first quarter as trade war hits exports

Zhang Chundong, manager at Huochacha New Energy Group, posing for a photo at his factory in Bac Ninh province

Hesitation and anxiety

Chinese business in Vietnam struggles with Trump tariffs uncertainty

US Treasury Secretary Scott Bessent says there are

US treasury secretary

Bessent says 'no currency targets' in Japan tariff talks

Company and national flags fly outside the SK hynix Bundang office in Seongnam

SK hynix posts record profits thanks to strong AI demand

The new Nintendo Switch 2 console is set to hit shelves worldwide on June 2

2.2 million pre-orders

Nintendo bullish on Switch 2 pre-sales in Japan

US President Donald Trump said Washington will have a 'fair deal' with Beijing on tariffs

Murky state of affairs

Trump seeks 'fair deal' with China but pathway unclear

The EU said Apple had prevented developers from steering customers outside its App Store to access cheaper deals

Digital competition rules

EU slaps fines on Apple and Meta, risking Trump fury

Arizona Attorney General Kris Mayes says US President Donald Trump's tarrif scheme is

'Insane scheme'

12 US states sue over Trump's tariffs

Klaus Schwab was the driving force behind the World Economic Forum becoming an annual gathering of the world's rich and powerful

Alleged misuse of funds

WEF confirms investigation into claims against founder Schwab

Boeing chief Kelly Ortberg said the company would move quickly to remarket planes meant for Chinese customers who are not accepting the jets due to the trade war with the United States

Ongoing trade war

Boeing says China not accepting planes over US tariffs

A relief rally swept global markets after US President Donald Trump indicated he has no intention of ousting Federal Reserve chief Jerome Powell

Amid eye-watering tariffs

Stocks rally as Trump soothes fears over China trade, Fed

US President Donald Trump has led an action-packed first 100 days back in the White House

Tariffs and immigration doing damage

Trump's popularity with US voters slumps in opinion polls

US Treasury Secretary Scott Bessent speaks during the Institute of International Finance Global Outlook Forum in Washington, DC

Focus on economy, not social issues

US Treasury chief says IMF, World Bank must be 'fit for purpose'

Madagascar President Andry Rajoelina (R) and French President Emmanuel Macron (L) held talks on the first day of a visit by the French leader to the Indian Ocean island

Strengthening ties

French president announces economic deals with Madagascar

The voting process for a new pope is notoriously difficult to predict

Secretive process

Asked to predict the next pope, AI bots hedge bets

Chinese manufacturer CATL displays its second-generation Shenxing Superfast Charging Battery

Chinese dominance

Auto Shanghai showcases new EV era despite tariff speedbumps

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