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Mortgage rates defied expectations by ticking down slightly this week, even as the latest inflation data revealed that surging oil prices resulting from the ongoing war in the Middle East have now bled into the costs of other goods and services.
United States President Donald Trump has departed China following a three-day trip, touting several broad trade deals but suggesting little progress on key issues related to Taiwan or the US-Israeli war in Iran.
LONDON — Just as its Conservative predecessors did before it, Britain's Labour government risks driving the U.K.’s economy into a ditch with an internal party fight over the steering wheel.
President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars — including large purchases and sales of tech giants Nvidia, Microsoft, Amazon and Meta — in the first three months of 2026, new disclosure forms reveal.
Recruit Holdings has been leaning into AI to boost Indeed's services for both employers and job seekers. (Source photos by Nikkei)
WASHINGTON — CIA Director John Ratcliffe has warned Cuban officials that the Communist island “can no longer be a safe haven for adversaries” of the US while extending an offer of cooperation on economic and national security matters — if Havana makes “fundamental changes.”
Landmark issuance underscores demand from overseas companies in the Japanese market. (Nikkei montage)
President Donald Trump speaks to reporters aboard Air Force One, Friday, May 15, 2026, as he returns from a trip to Beijing, China. (AP Photo/Mark Schiefelbein)
A worker installs a seat at Toyota Motor's Motomachi assembly plant in Aichi prefecture, Japan. (Toyota Motor)
Tobacco production in Zimbabwe is rebounding to record levels as farmers look for more profitable and resilient crops. But the sector is dominated by contract farming, often for Chinese companies, that leaves farmers dependent and struggling to break even.
BEIJING — Donald Trump said on Friday he had made “fantastic trade deals” with China’s leader Xi Jinping, as the pair ended a superpower summit that the United States president said had also reaped a Chinese offer to help open the Strait of Hormuz.
Nippon Paint's president said the company is able to fulfill its supply responsibilities. (Photo by Nanami Sato)
Director Guy Ritchie returned to high-stakes action and shadowy finance in “In the Grey.”
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The Top 20 Global Concert Tours ranks artists by average box office gross per city and includes the average ticket price for shows Worldwide. The list is based on data provided to the trade publication Pollstar by concert promoters and venue managers.
It’s elimination night in the NBA playoffs, and new bettors can get in on the high-stakes action with the Kalshi promo code NYPMAX to trade $10 and get $10.
The Japanese government moved to bolster the yen against the dollar, but the Japanese currency has given up half those gains. (Photo by Akira Kodaka)
Investors sold American stocks on the morning of May 15 as concerns over higher oil prices and stickier inflation dampened sentiment. © Reuters
Former Biden cabinet secretary and California gubernatorial frontrunner Xavier Becerra is facing scrutiny on two separate fronts — an anonymous complaint accusing him of violating California campaign finance laws and a fresh $500,000 boost from a major oil producer backing his run for governor.
BRUSSELS — The EU will step up efforts to reduce its economic reliance on China and protect its industries from a glut of cheap imports, under new proposals drafted by Brussels that are due to be discussed by leaders next month.
Disruption is a popular buzzword in the business world, but the actual scale of impact on society can sometimes be overstated.
Elon Musk attends the annual meeting of the World Economic Forum in Davos, Switzerland, Jan. 22, 2026. (AP Photo/Markus Schreiber, File)
The owner of the world’s oldest sweet shop says classic sweets from the 1820s are still their best sellers after 199 years in business – including pear drops, bonbons, and humbugs.
Billionaire investor Bill Ackman revealed Friday that his firm Pershing Square Capital has built a stake in Microsoft – and said the tech giant “offers analogous and compelling long-term value” despite a recent stock slump.
One of America's largest pharmaceutical companies this week said it will partner with a Chinese drugmaker to test some of its experimental drugs and discover new ones, a deal that could mark the next phase of coordination across continents. Bristol Myers Squibb on Tuesday announced the potential multi-billion dollar…
A bidder agreed to pay $9,000,100 at auction to dine with billionaire investor Warren Buffett and basketball superstar Stephen Curry in a charity fundraiser.
China and the United States have provided critical support to the oil market and helped ease the huge supply disruption in the Middle East and kept energy prices from surging even higher.
President Vladimir Putin said Friday that government measures to stabilize the Russian economy have begun yielding “positive results,” even as the Kremlin this week slashed its annual growth outlook by two-thirds.
Four years after retiring from football, Duck Hodges is off the free agent market.
U.S. and Chinese leaders agreed to establish a new "Board of Trade" and a parallel "Board of Investment" during President Donald Trump’s two-day visit to Beijing - a summit that ended much as it began: with significant pageantry, warm personal rapport between the leaders, and modest, incremental progress on trade. T…
Ghana has officially concluded its Extended Credit Facility (ECF) programme with the International Monetary Fund, marking the end of the country’s latest financial bailout arrangement after years of economic turbulence.
Small business owner Mario Alberto Cantú stands outside his tire repair shop, with words in both Spanish and Korean displayed across the storefront in Pesqueria, Mexico, Tuesday, March 31, 2026. (AP Photo/Fernando Llano)
Peugeot and Jeep are following in the footsteps of Hyundai Motor’s Ioniq to regain lost ground in mainland China
Peugeot and Jeep are following in the footsteps of Hyundai Motor’s Ioniq to regain lost ground in mainland China
MUFG and Mizuho Financial Group both secured record high profits in the previous fiscal year. (Source photos by Nikkei)
China will ramp its crude oil imports from the United States because the world's two largest economies are natural trade partners when it comes to energy, Chris Wright told CNBC on Friday.
The peso has sunk to a new all-time low for the second day in a row, closing at P61.721 against the dollar on Friday.
After a much-hyped US-China summit, the leaders of the world’s two biggest powers made no real breakthroughs on big issues, such as Iran, Taiwan and trade. The Guardian's senior China correspondent, Amy Hawkins, breaks down how Donald Trump and Xi Jinping focused on growing their personal rapport instead
US President Donald Trump’s China visit was an attempt to “save face” and seek relief after the Iran war destabilized the global economy, geopolitical analyst Danny Haiphong has told RT. According to Haiphong, the US is now in a “far weaker position” than China and is seeking closer ties with Beijing to stabilize it…
US President Donald Trump’s China visit was an attempt to “save face” and seek relief after the Iran war destabilized the global economy, geopolitical analyst Danny Haiphong has told RT. According to Haiphong, the US is now in a “far weaker position” than China and is seeking closer ties with Beijing to stabilize it…
The Starbucks global corporate headquarters building is seen Monday, May 11, 2026, in Seattle. (AP Photo/Lindsey Wasson)