Today: October 28, 2026
Today: October 28, 2026

Economy

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China's old-age dependency ratio overtakes children for first time

HONG KONG, Oct 28 - China is now supporting more people aged 65 and above than children, underscoring the impact of its rapidly ageing population and a declining birth rate. 

Arts|Business|Economy|Europe|Finance

BNP Paribas beats Q3 profit forecasts, unveils €1.3 billion share buyback

BNP Paribas posted a forecast-beating rise in third-quarter profit on Wednesday, helped by strong performance in its investment banking division, as the lender

Business|Economy|Europe|Finance|Stock Markets

StanChart shares soar after it hikes full-year targets and trounces profit estimates

Standard Chartered (StanChart) on Wednesday hiked its full-year growth and profitability targets after third-quarter income handily

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RBNZ throws markets a curveball

A look at the day ahead in European and global markets from Rae Wee The shocker in Asia's trading day came from the Reserve Bank of New Zealand, which unexpectedly left rates on hold, sending the kiwi

Economy|Political|World

UN holds annual vote on condemning US embargo on Cuba as tensions spill into public

The United Nations is set to vote on a resolution condemning the decades-long U.S. economic embargo on Cuba as President Donald Trump's administration intensifies its campaign to undermine Cuba’s socialist government

Business|Economy|Environment|Finance|Science|Technology

US closes $5.1 billion loan to Alliant Energy for new gas power generation, energy storage

The US Department of Energy said on Wednesday it has closed a $5.1 billion loan package to Alliant Energy to expand power generation and bolster the

Business|Economy|Finance|Technology

Nearly 90% of businesses are turning to tokenised money, DBS survey shows

Global adoption of tokenised money is moving faster than expected among businesses looking to improve liquidity management and access new markets, a top executive from

Business|Economy|Science|Technology

Chipmaker SK Hynix to return $75 billion to shareholders after record profit

South Korea's SK Hynix will return about $75 billion to shareholders this year, it said on Wednesday, after reporting a more than seven-fold

Economy|Political|World

US costs of Iran war rise to over $47 billion, according to Pentagon estimate

The US military has spent over $47 billion so far to prosecute the war in Iran, more than 25% higher than the Defense Department's estimate in July,

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Special master could evaluate Justice Department's claims of noncitizens on California voter rolls

A federal judge says he is considering appointing a special master to evaluate claims by the Trump administration that California has some 20,000 noncitizens on its voter rolls

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Hunter Biden laptop issue resurfaces as judge scolds prosecutors over case against ex-FBI officials

A federal judge has scolded the Justice Department for its unorthodox handling of a criminal case against two former FBI officials accused of making false statements to Congress about their participation in and knowledge of investigations involving Hunter Biden, the son of former President Joe Biden

Economy|Environment|Science

Trump says he's ending restrictions on climate-warming methane from oil drilling

President Donald Trump says he's “terminating” a Biden-era rule that aimed to reduce planet-warming emissions of methane from oil and gas drilling

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Trump administration sued over rollback of corporate ownership reporting rules

Twenty-one US states and the District of Columbia sued President Donald Trump's administration on Tuesday over its rollback of reporting requirements

Business|Economy|Finance|Stock Markets|Technology

Trading Day: AI wave lifts all boats

Investors continue to ride the wave of AI optimism that has emerged from last week's gloom, with another tech-led rally lifting US stocks on

Asia|Business|Economy|Finance|Science|Stock Markets|Technology

Stocks rise ahead of tech earnings, Fed decision

MSCI's global equities gauge rose on Tuesday as investors awaited earnings from US technology companies and the Federal Reserve's next policy

Business|Economy|Environment|Health|Science

EPA response to 2023 Ohio train derailment will be investigated by agency watchdog

The Environmental Protection Agency’s response to the disastrous 2023 East Palestine train derailment will be investigated after dozens of residents of the small town on the Ohio-Pennsylvania and Vice President JD Vance requested the review

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Florida mom arrested at airport for leaving 4 kids home alone during work trip to Vegas

Florida mom arrested at airport for leaving 4 kids home alone during work trip to Vegas

Arts|Business|Economy

Food and household brands warn of more price hikes as Iran war costs bite

The world's top consumer goods and food companies, from Coca-Cola and Procter & Gamble to Nestle and Reckitt, have warned of

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US judge blocks Trump rule cutting the time refugees have to contest end of status

A federal judge on Tuesday temporarily blocked US President Donald Trump's administration from implementing a new rule that would cut the amount of time

Business|Economy|Finance|Technology

UPS CEO sees $15 billion annual revenue opportunity from data center boom  

UPS CEO Carol Tome told Reuters on Tuesday the AI data center boom is a decades-long opportunity for the world's largest parcel delivery and logistics

Business|Economy|Finance|Stock Markets

Robinhood profit misses estimates as crypto trading slows

Robinhood Markets missed Wall Street estimates for third-quarter profit on Tuesday, as slower cryptocurrency trading and higher expenses

Economy|Environment|Science

US is a big reason for the world losing ground in the fight against climate change, UN report says

Humanity is losing more ground in its fight against climate change

Business|Economy|Finance

HCA signals flat 2027 earnings as Medicaid payments drop; shares slide

US hospital operator HCA Healthcare signaled flat earnings for 2027 on Tuesday, as lower Medicaid payments and a rise in uninsured patients

Business|Economy

US energy firms to produce record natgas in 2026 as global demand soars

US energy companies expect 2026 to mark a second consecutive year of record natural gas production, as global demand for liquefied natural gas exports

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US Supreme Court denies immigration judges the power to shelve deportation cases

The US Supreme Court declined on Tuesday to reinstate the authority of immigration judges to temporarily postpone deportation cases, keeping in place an agreement

Economy|Finance|Political|World

Senegal parliamentary committee to review revised budget key for new IMF deal

The finance committee of Senegal's National Assembly will review a revised budget it initially rejected and that is crucial to sealing a new programme with the International

Economy|Political|World

Trump says he will visit tanker in Texas with first oil from Venezuela deal

US President Donald Trump on Tuesday said he planned to visit a tanker in Texas which contains the first oil received from Venezuela following a deal that Washington

Business|Economy|Science|Technology

ASM International expects Q4 sales above forecasts, to hit 2030 goal three years early

ASM International forecast on Tuesday fourth-quarter revenue above expectations and said it would reach its 2030 sales target three years early, driven by AI-related capacity

Economy

Oil falls almost $2 as Middle East talks help ease supply worries

Oil futures settled down by almost $2 a barrel on Tuesday, though prices remain near six-month highs due to the disruption of shipping around the

Business|Economy|Finance|Stock Markets|US

Wall Street ends higher on revived AI momentum

An AI-fueled tech rally sent US stocks to a higher close on Tuesday as third-quarter reporting season gained steam, while the Federal

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NYSE moves to bring all-or-nothing options to stocks and company earnings

The New York Stock Exchange is preparing to start trading a new type of options contract that lets investors make all-or-nothing bets on whether a stock

Business|Economy|Finance

JetBlue CEO says no creditor talks as bond selloff raises doubts about turnaround

JetBlue Airways is not in talks with creditors and is not planning to restructure its debt, Chief Executive Joanna Geraghty told Reuters on Tuesday,

Economy|Political|World

US and Cuban officials engage in a shouting match during a UN debate over the economic embargo

U.S. and Cuban officials have engaged in a stunning shouting match on the floor of the United Nations General Assembly

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Manhunt underway for convicted killer who escaped through Tennessee prison fence and fled in stolen truck, officials say

Manhunt underway for convicted killer who escaped through Tennessee prison fence and fled in stolen truck, officials say

Business|Economy|Finance|World

Dollar rises as markets eye central bank meetings

The dollar edged higher against major currencies including the euro, yen and sterling on Tuesday amid market positioning ahead of a

Business|Economy|Finance|Stock Markets

United Parcel Service expects fatter holiday profits on slightly slimmer volume

United Parcel Service's focus on more lucrative business means it can make more money delivering slightly fewer packages during its critical

Business|Economy

Higher tariffs on Canadian imports would be 'catastrophic,' Honda exec says

A pending increase in US tariffs on steel and auto imports from Canada starting January 1 would be “catastrophic” for the industry, Honda

Arts|Economy|Entertainment|Finance|Technology

Boeing shares sell off on slower-than-expected 737 production, weaker free cash flow outlook

Boeing CEO Kelly Ortberg said on Tuesday that the company will miss its 737

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US military says 5 were killed by a strike on an alleged drug boat in the eastern Pacific

The U.S. military says it has attacked a boat it accused of smuggling drugs in the eastern Pacific Ocean

Business|Economy|Finance|Stock Markets|Technology|US

GM moves to Nasdaq as first legacy automaker on the exchange

General Motors said on Tuesday it would transfer the listing of its common stock to Nasdaq from the New York Stock Exchange, joining a growing number of companies looking to align

Business|Economy|World

High inflation to persist globally into next year, Reuters poll shows

High inflation will persist in the global economy well into next year, according to hundreds of economists polled by Reuters, who are now increasingly concerned that

Business|Economy|Finance|Stock Markets|Technology

Neocloud firm Argentum AI in talks for $5 billion AI chip financing, sources say

Super Micro-backed cloud computing firm Argentum AI is in talks to secure a $5 billion financing deal for AI chips with a major private credit firm, according to two

Business|Economy|Finance

US consumer confidence improves in October

US consumer confidence improved in October amid an easing in gasoline prices, though frustration with the rising cost of living persisted, a survey showed on Tuesday.

Business|Economy|Finance|Technology

AI investment boom powers US business spending on equipment in September

New orders for key US-manufactured capital goods increased in September and shipments of these products surged, suggesting business spending on

Business|Economy|World

Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile

Yemen's Iran-aligned Houthis said on Tuesday they had hit Saudi Arabia's Ras Tanura oil refinery, the ⁠biggest in the kingdom, with a ballistic missile.

Business|Economy|Science|Technology

AI financing driving private credit growth as refinancing risks rise, Moody’s says

High levels of borrowing to fund AI infrastructure is expanding private credit beyond traditional corporate lending, but a wave of loans coming due in the next few years could leave

Business|Economy|Finance|Political

US new home sales fall in September; median house price drops from year ago

Sales of new US single-family homes fell in September, partially reversing the prior month's jump, as higher mortgage rates because of the Middle East conflict depressed

Arts|Business|Economy|Finance|Technology

Syngenta targets valuation of at least $66 billion in Hong Kong IPO, people say

Syngenta's advisers are targeting a valuation of at least $66 billion in the Swiss-Chinese agrochemicals group's planned Hong Kong listing,

Business|Economy|Finance

Brazil's markets recover some ground after selloff; minister vows fiscal discipline

Brazilian markets recovered some ground on Tuesday after a sharp selloff triggered by President Luiz Inacio Lula da Silva's reelection, while his government downplayed