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A commuter walks past a Softbank logo on the side of a building in Tokyo on August 6, 2026. (Photo: AFP)

Japanese economy ekes out modest growth

Gross domestic product (GDP) grew 0.3% between April and June, according to seasonally adjusted preliminary data released by the cabinet office.

21 HOURS AGO

Most Asian stocks track Wall St record as US data ease rate fears

Most Asian stocks track Wall St record as US data ease rate fears

Investors are now pricing in a less than 40% chance of a September rate hike, compared with 50% last week.

4 DAYS AGO

Porsche to end production of flagship electric car

Porsche to end production of flagship electric car

Porsche plans to end Taycan production by 2030, as sales decline. Launched in 2019, the electric model falls from nearly 41,000 sales in 2023 to 16,000 in 2024, and 6,000 in the first half of 2026. Porsche faces major industry challenges.

4 DAYS AGO

Traders work on the New York Stock Exchange (NYSE) on August 06, 2026, in New York City. (File photo: AFP)

US stocks mostly up after data shows slightly lower inflation in July

Analysts say the report likely gives the US Federal Reserve more latitude to hold off on imminent interest rate increases despite persistent inflation above Fed targets

5 DAYS AGO

File photo: Pexels/Selim Karadayı

World youth unemployment rate rose last year: UN

The International Labour Organization says the global youth unemployment rate rose from 12.3% in 2024 to 12.4% last year -- equivalent to 67 million unemployed people aged 15 to 24.

6 DAYS AGO

A commuter walks past a Softbank logo on the side of a building in Tokyo on August 6, 2026. (Photo: AFP)

Global stocks mixed while oil prices jump on Hormuz

The back-and-forth sends oil prices about 5% higher, weighing on US equities but not prompting major selling. The broad-based S&P 500 finished down 0.1%.

August 10, 2026

Chinese-made MG vehicles wait to be loaded onto a ship for export at a car yard at the Dongfang Port Company terminal of Lianyungang Port in Jiangsu province, eastern China, on August 4, 2026 (Photo: AFP)

China's exports and imports surge in July

Exports climb 23.9% year-on-year last month; imports increase 27.5%, though that was down from the 36% surge seen in June, the General Administration of Customs (GAC) reported.

August 7, 2026

A man walks past an electronic screen showing the SK Hynix stock price outside a foreign exchange dealing room at the Hana Bank headquarters in Seoul on July 31, 2026. (AFP)

Tech back in fashion as Asian markets extend rebound

Asian equities climbed again Wednesday, tracking another record on Wall Street, as tech firms enjoyed a recent revival after a month-long rout and with confidence boosted by the Trump administration touting an imminent deal to reopen the Strait of Hormuz.​

August 5, 2026

ADNOC refinery site in Ruwais, UAE. (File photo: Wikimedia Commons)

Oil giants warn next energy crunch will be refined fuels, not crude

For much of this year, markets have remained focused on crude oil prices as conflicts in the Middle East and Ukraine threatened global supplies.

August 4, 2026