Author: franperez66q@protonmail.com
US industry, lawmakers plead with Trump: Don’t open door to Chinese cars at Xi summit Source link
The view from the rooftop pool of the Marina Bay Sands resort hotel, which overlooks the financial district skyline of Singapore.Anthony Wallace | Afp | Getty ImagesSingapore, long viewed as a bellwether for the global economy, expects tourism spending to soften this year despite forecasting another increase in visitor arrivals, reflecting concerns that conflicts in the Middle East could weigh on consumer and business spending.The Singapore Tourism Board projected tourism receipts of 31 billion and 32.5 billion Singapore dollars ($24 billion to $25.6 billion) in 2026, compared with a record of 32.8 billion Singapore dollars last year. International arrivals are…
Ambani’s Jio Platforms IPO pivots to pure fundraise, no investor exits, sources say Source link
South Korea’s Kospi opened at a fresh record Monday, leading gains in Asia-Pacific markets amid rising oil prices and escalating tensions between the U.S. and Iran.President Donald Trump’s rejection of Tehran’s latest proposal to end the war, however, stoked worries over an elongated Middle East conflict. Iran submitted a new proposal to U.S. negotiators focused on ending the Middle East conflict. Iran’s semi-official Tasnim news agency said that the counteroffer called for an end to the war on all fronts and the lifting of sanctions on Tehran, citing an informed source.However, Trump said he did not like Iran’s response and called it “TOTALLY UNACCEPTABLE!”…
Asia stocks rise past Iran tensions on chips strength, US-China summit Source link
In this picture obtained from Iran’s ISNA news agency and taken on May 2, 2026, the Gambia-flagged tanker vessel Bili is pictured anchored in the Strait of Hormuz off Bandar Abbas in southern Iran. (Photo by Amirhossein KHORGOOEI / ISNA / AFP via Getty Images) / Amirhossein Khorgooei | Afp | Getty ImagesU.S. President Donald Trump rejected Iran’s counterproposal to end the 10-week war in the Middle East, calling it “totally unacceptable,” while Tehran vowed to “never bow,” prolonging a standoff that has choked the Strait of Hormuz and roiled global energy markets.”I have just read the response from Iran’s…
India’s Vedanta posts record annual profit; says demerger takes effect Source link
Maskot | Digitalvision | Getty ImagesSince the debut of OpenAI’s ChatGPT in 2022, and the subsequent AI revolution, workers across industries have been hit by sweeping layoffs.A new report published by IBM last week, however, shows that AI is also reshaping boardrooms and how CEOs make decisions.The report says 76% of the more than 2,000 organizations surveyed have established a new executive office — that of the chief AI officer (CAIO) — up from 26% in 2025.Analysts and experts have expressed concerns over the possibility of a labor crisis arising from the proliferation of AI across the corporate sphere.”AI is…
A shopper walks past a Coach retail store inside a shopping mall on March 24, 2026 in Shenzhen, Guangdong province, China. Cheng Xin | Getty ImagesChina’s consumer and producer inflation jumped more than expected in April as the Middle East conflict drives commodity costs higher. Consumer prices ticked up 1.2% in April from a year earlier, beating economists’ estimates of 0.9% growth in a Reuters poll, and accelerating from a 1% rise in March, according to data released by the National Bureau of Statistics on Monday. The producer price index jumped 2.8% from a year ago, exceeding economists’ forecast of…
Nintendo shares slump as price hikes, games shortfall spook market Source link