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LS Electric said Wednesday it will invest $168 million to expand its switchgear manufacturing capacity in the US, as the Korean power equipment maker seeks to bolster its footprint across the North American market.
FILE -Federal Reserve Chair Jerome Powell speaks during a news conference, Wednesday, Jan. 28, 2026, at the Federal Reserve Board Building in Washington. (AP Photo/Jacquelyn Martin, File)
Think petrol prices are bad now? It's entirely possible you ain't seen nothing yet, if a worse-(but not worst)-case scenario plays out in the war in Iran.Westpac has updated its modelling on the economic impacts brought about by the conflict, particularly on energy costs.The big four bank's baseline – the scenario i…
News, opinions, infographics and videos on China issues: geopolitics, diplomacy, economy, technology and lifestyle.
News, opinions, infographics and videos on China issues: geopolitics, diplomacy, economy, technology and lifestyle.
News, opinions, infographics and videos on China issues: geopolitics, diplomacy, economy, technology and lifestyle.
News, opinions, infographics and videos on China issues: geopolitics, diplomacy, economy, technology and lifestyle.
Taihan Cable & Solution Vice Chair Song Jong-min on Tuesday pledged to transform the company into a global leader in the power infrastructure market, as it marked its 85th anniversary.
Lessons from Laos could help Comac boost overseas sales of C909 and C919 – but analyst says buyers will be closely watching for safety
There was a time—not long ago—when baseball believed it understood its place in the modern sports economy. The sport was a regional game masquerading as a national pastime, rich in history, but lagging in marketing muscle.
New Zealand economic growth tipped to overtake Australia’s this year but Middle East conflict casts a shadow over outlook
Epstein died in a federal jail in August 2019 while awaiting trial on sex trafficking charges. (AP: New York State Sex Offender Registry)
HAVANA, Cuba — Washington heaped pressure on Cuba's communist authorities Tuesday to allow free-market reforms as the impoverished island scrambled to recover from a nationwide electricity blackout.
BEIJING, March 18, 2026 /PRNewswire/ -- With the recent ratification of China's 15th Five-Year Plan (2026-2030), the nation is accelerating 'New Quality Productive Forces' to drive digital transformation across all industries. This strategic shift creates significant momentum for the professional audiovisual (Pro AV…
President Lee Jae Myung is set to preside over a meeting Wednesday with investors and financial authorities to review ways to reform and stabilize the country's capital markets, officials said.
Jim Chalmers said the conflict in the Middle East "is a defining influence on global growth and inflation this year, and that’s why it will be a defining influence on the May Budget". Source: AAP / Mick Tsikas
Landlords of rent-stabilized apartments are urging Mayor Zohran Mamdani to lobby to fix a state law they claim is keeping thousands of vacant rent-stabilized units off the market — even as the city grapples with homelessness and an affordable housing problem.
Closing arguments concluded Tuesday in a trial pitting Elon Musk against Twitter shareholders who say the world’s richest man engaged in a pattern of deceptive behavior that misled investors as he attempted to back out of his $44 billion deal to buy the social media platform in 2022.
Arizona Attorney General Kris Mayes speaks at the Arizona State Prison, March 19, 2025, in Florence, Ariz. (AP Photo/Darryl Webb, File)
We are all living in uncertain times, so we expect decisions to be made with a high degree of caution. That applies to the central bank and interest rates
Coordinated blasts by suspected suicide bombers tore through a busy market and other areas in the Nigerian city of Maiduguri, killing at least 23 people and wounding more than 100 others, in one of the worst recent attacks on the capital of Borno state.
After an extended delay in selling into the world's second-largest economy, chipmaker Nvidia is gearing up to provide some customers in China with its H200 processors, CEO Jensen Huang said on Tuesday.
Topic:Financial Markets
Oil prices resumed their rise because of the war with Iran, but U.S. stocks held steadier this time around.
In recent days, Western media coverage of the Middle East has shifted dramatically. Outlets that previously framed conflicts through a US- and UK-centric lens are now reporting more directly on Iran’s attacks on Israeli and US security positions. This change reflects not only evolving realities on the ground but als…
Prime Minister Dr. Harini Amarasuriya told Parliament that the country’s economy and energy sector have been faced with a major challenge due to actions beyond the Government’s control and revealed that three committees have been appointed for related management activities and emphasized that everyone must act with …
ROME — The Vatican appeals tribunal declared a mistrial Tuesday in the Holy See’s big “trial of the century,” a stunning blow to both Pope Francis’ legacy and Vatican prosecutors who had put a cardinal and several other people on trial over alleged financial crimes.
One of the first bank in Sri Lanka, which began the financial history of Sri Lanka in 1832, was established as the National Savings Bank on March 16 1972, by merging the then existing savings-related financial institutions.
Seylan Bank recently joined hands with the ‘Samanolasiri Haritha Wandana’ project, assisting the ‘Clean Sri Lanka’ movement’s restoration of Sri Pada’s natural beauty.
Hatton National Bank (HNB) created history by winning the Mercantile Netball Championship for the 10th consecutive time, setting a new record with a dominant 56–28 victory over Citizens Development Business Finance (CDB) in the final, organised by the Mercantile Netball Association and held at the Saniro Indoor Stad…
Sri Lanka’s most Trusted and Innovative media services provider
The technical shortcomings of the QR code system introduced by the government with the aim of resolving the fuel crisis and streamlining the fuel distribution have now been completely resolved, said Deputy Minister of Digital Economy Eranga Weeraratne.
Topic:Money Laundering
The Federal Reserve has little choice but to stay on the sidelines this week as it navigates a mix of complicated and conflicting forces playing out in the U.S. economy.
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Michele Bullock announced the rate increase on Tuesday. (AAP Image: Dan Himbrechts)
Inflation may have driven the decision but the Reserve Bank's second consecutive rate hike has also put talk of a recession back on the agenda.Governor Michele Bullock didn't rule out the possibility yesterday afternoon, although she stressed that wasn't her goal. While she highlighted the likelihood the war in the …
LONDON — Oil prices rose again Tuesday as Iran launched fresh attacks on crude-producing neighbours, while stock markets were higher ahead of key central bank meetings.
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NUEVA YORK (AP) — Bank of America ha llegado de manera provisional a un acuerdo en una demanda que sostiene que ignoró transacciones financieras sospechosas relacionadas con Jeffrey Epstein mientras él abusaba sexualmente de cientos de niñas y mujeres.
Israel has forcibly displaced more than 36,000 Palestinians across the occupied West Bank in one year, the United Nations says, warning that illegal Israeli settlement expansion and a push to annex the territory are accelerating.
This photo provided by the New York State Sex Offender Registry shows Jeffrey Epstein, March 28, 2017. (New York State Sex Offender Registry via AP, File)
A grand Gilded Age mansion on Manhattan’s Upper West Side that has a history stretching back more than a century has hit the market for $11.5 million—nearly three decades after it last changed hands.
LONDON — Ukrainian President Volodymyr Zelenskyy sought support Tuesday from U.K. Prime Minister Keir Starmer, at a time when the Iran war has revived Russia’s ailing economy through increased oil revenue, robbed US-brokered talks to end Russia’s invasion of Ukraine of momentum — and could soon limit Kyiv’s access t…
Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn
Increased use of Arctic shipping route among topics covered at inaugural China-Russia Logistics Business Forum
Nvidia’s Groq 3 LPU chip widens the AI gap with China, but offers Chinese firms niche inference market opportunities, analysts say
ROME (AP) — The Vatican appeals tribunal declared a mistrial Tuesday in the Holy See’s big “trial of the century,” a stunning blow to both Pope Francis’ legacy and Vatican prosecutors who had put a cardinal and several other people on trial over alleged financial crimes.
Russia has quietly stepped up its intelligence operations in Vienna, taking advantage of legal loopholes and Austria’s neutrality to expand what Western officials describe as one of its largest covert signals intelligence platforms in the West, the Financial Times reported.
White House will take a financial loss to make it easier for Americans to walk away from citizenship starting in April
