A focused view of neutral reporting on Business & Economy, brought together across publishers.
Explore all topics →
Airwallex co-founder Lucy Liu will on Thursday unveil a program offering young Australian artificial intelligence founders $100,000 in equity-free capital, as the global payments giant moves to deepen its local roots while navigating a financial crimes investigation and a stalled run at a public listing.
April 30, 2026 — 11:57am
Uncertainty over the future path of US monetary policy under the next Federal Reserve chair, Kevin Warsh, has increased further amid rising oil prices and inflation, the Bank of Korea said Thursday.
Finance Minister Koo Yun-cheol said Thursday that financial institutions have sufficient capacity to withstand crisis scenarios despite volatility in financial and foreign exchange markets.
SEOUL, April 30 (Yonhap) -- Finance Minister Koo Yun-cheol said Thursday that financial institutions have sufficient capacity to withstand crisis scenarios despite volatility in financial and foreign exchange markets.
Company says it is seeking to broaden its market reach in Asia, Latin America and Europe, the Middle East and Africa
Company says it is seeking to broaden its market reach in Asia, Latin America and Europe, the Middle East and Africa
SEOUL, April 30 (Yonhap) -- Uncertainty over the future path of U.S. monetary policy under the next Federal Reserve chair, Kevin Warsh, has increased further amid rising oil prices and inflation, the Bank of Korea said Thursday.
Australia’s largest supermarket chain says higher prices are already flowing into fresh produce, milk, bread and other staples as the fuel crisis drives up inflation across the economy and, in response, Woolworths says it will freeze prices on 300 items for three months from Friday.
SAN FRANCISCO — Meta chief Mark Zuckerberg on Wednesday defended massive spending on artificial intelligence that dragged down shares despite strong earnings boosted by the technology.
WASHINGTON (Reuters) -- US Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank on Wednesday with interest rates on hold, rising concern about inflation, and an announcement that he would stay on as a Fed governor for now to defend the agency's independence from Trump administra…
LIV Golf CEO Greg Norman, left, applauds Yasir Al-Rumayyan, Governor of Public Investment Fund of Saudi Arabia, at the LIV Golf Invitational-Chicago tournament Sept. 18, 2022, in Sugar Hill, Ill. (AP Photo/Charles Rex Arbogast, File)
China expects to handle a record 304 million cross-regional trips per day over the holiday, as the government focuses on boosting consumption
China expects to handle a record 304 million cross-regional trips per day over the holiday, as the government focuses on boosting consumption
Greece's former finance minister has slammed Greek authorities after Israeli forces seized the Global Sumud Flotilla near the country's shores.
This report is from this week's "Inside India" newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse — Subscribe today
Democrats running for governor in California have said in recent debates that Gavin Newsom deserves high grades for his performance –– mostly B’s, and even A’s.
NEW YORK — Oil prices shot higher Wednesday on concerns of an extended blockade of the Strait of Hormuz, while Wall Street stocks moved indecisively after a divided Federal Reserve kept interest rates unchanged.
South Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed Thursday.
The yen at one point depreciated to 160.48 per dollar during New York trading on April 29. (Photo by Koji Uema)
Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook
Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook
Samsung Electronics said Thursday its first-quarter operating profit jumped 756.1 percent on-year to 57.23 trillion won ($38.5 billion), hitting a quarterly high as its chip business accounted for the bulk of earnings.
The US Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive time, citing "elevated" inflation and a "high level" of economic uncertainty stemming from the ongoing Middle East conflict.
New Delhi has to be wary of any move to challenge the US dollar as it seeks to sign an interim trade deal with Washington, analysts say
New Delhi has to be wary of any move to challenge the US dollar as it seeks to sign an interim trade deal with Washington, analysts say
(ATTN: ADDS more info in paras 4-5, 11)By Kim Han-joo
Asia-Pacific markets were poised to open lower Thursday, tracking overnight losses in key Wall Street benchmarks as oil prices extended gains amid a U.S. blockade of Iranian ports, while the Federal Reserve held interest rates steady.
ERROR 404 page not found Click here to go to the home page
(ATTN: ADDS more info from para 2)By Kim Han-joo
Meta Platforms raised its annual capital spending forecast on Wednesday, plowing billions more into artificial intelligence infrastructure even as it grapples with possible losses from a global youth social media backlash.
‘We’re going to have to wait and see,’ Fed chairman Jerome Powell says after hosting his last FOMC meeting
‘We’re going to have to wait and see,’ Fed chairman Jerome Powell says after hosting his last FOMC meeting
When power shifts at the top of some of the world's biggest companies, most people don't notice.
WASHINGTON – Federal Reserve Chair Jerome Powell said on Wednesday he will stay on as a central bank governor for an undetermined period of time when his leadership term ends next month, amid hopes that ongoing political attacks on the institution will start to settle down.
Interest rates are expected to be held at 3.75% by the Bank of England, with uncertainty dominating the UK and global economies.
SEOUL, April 30 (Yonhap) -- South Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed Thursday.
Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK
Coupang was the most-used commerce application in South Korea in the first quarter of 2026, according to market research firm Wiseapp Retail Goods.
Meta, owner of social media platforms including Facebook and Instagram, announced results for the first quarter on April 29. © Reuters
KPMG, one of the Big Four accounting firms, is winding down its federal government audit business after losing a $64 million-a-year U.S. Army audit contract, a major setback as the Department of War under Defense Secretary Pete Hegseth moves to bring in another accounting firm.
Canada’s Prime Minister Mark Carney, left, and Minister of Finance and National Revenue, Francois-Philippe Champagne, make their way to the House of Commons before the tabling of the spring economic update, on Parliament Hill, in Ottawa, Ontario, Tuesday, April 28, 2026. (Justin Tang/The Canadian Press via AP)
Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern
Property News: Australia's most popular suburbs in every capital city.
Saudi Arabia’s Public Investment Fund plans to stop financial support for LIV Golf after this season, according to a person familiar with the situation.
PocketOS was left scrambling after a rogue AI agent deleted swaths of code underpinning its business
Barclays is out with a report on nuclear and how the industry is progressing from conviction to construction. The report highlights year-to-date regulatory developments, demand and execution signals and market pricing across the industry.
Brady Tkachuk is tired of trade talks.
Jerome Powell said he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk.
Elon Musk said he was a “fool” to trust Sam Altman with the future of OpenAI in his second day of testimony in the bombshell trial over the future of the artificial intelligence giant.