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Today: May 13, 2026
Today: May 13, 2026

Economy

Business|Economy|Finance|Stock Markets|US

CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

CSX appoints new CEO as US railroad operator battles activist pressure
Business|Economy|Technology|World

Nvidia's Jensen Huang joins Trump's China visit

Nvidia CEO Jensen Huang has joined over a dozen U.S. CEOs on President Donald Trump's visit to China this week.

Nvidia's Jensen Huang joins Trump's China visit
Business|Economy|Finance|Stock Markets|World

OECD sees Japan raising interest rates to 2% by end-2027

The Bank of Japan is projected to raise its short-term policy rate to 2% from 0.75% currently by the end of 2027, as robust domestic demand will help the

OECD sees Japan raising interest rates to 2% by end-2027
Australia|Business|Economy|World

Australia wages growth slows in Q1, led by private sector

Australian wages rose at a moderate pace in the first quarter as annual growth in the private sector slowed to the lowest in almost four years, data showed on Wednesday.

Australia wages growth slows in Q1, led by private sector
Asia|Business|Economy|Political|Travel|World

At Temple of Heaven summit, Trump and Xi will seek a good harvest

Chinese emperors once prayed for bumper crops under the blue-tiled, triple-eaved roof of Beijing's Hall of Prayer for Good Harvests, in sacred rites

At Temple of Heaven summit, Trump and Xi will seek a good harvest
Business|Economy|Finance|Stock Markets|World

Asian shares trade mixed as AI excitement fades and war worries continue

Asian shares are trading mixed, as the enthusiasm over AI and other technology stocks gradually faded, braking Wall Street’s record-setting run

Asian shares trade mixed as AI excitement fades and war worries continue
Economy|Political|US|World

Trump says stopping Iran's nuclear program outweighs Americans' economic pain

U.S.

Trump says stopping Iran's nuclear program outweighs Americans' economic pain
Business|Economy|Health|Technology|World

KKR-backed ambulance giant GMR Solutions raises $479 million in US IPO

Emergency medical ‌services provider GMR Solutions has raised $478.7 million in its U.S. initial public offering, the company said on Tuesday, after selling 31.9 million shares at $

KKR-backed ambulance giant GMR Solutions raises $479 million in US IPO
Business|Economy|Finance|World

Oil prices slip on teetering Iran ceasefire as Trump heads to China

Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments around the fragile ceasefire in the Iran war and

Oil prices slip on teetering Iran ceasefire as Trump heads to China
Australia|Business|Economy|World

Trump Organization drops plan for first Australian skyscraper, blames partner

The Trump Organization said on Wednesday it abandoned a plan to build its first tower in Australia less than three months after signing the deal, citing an Australian

Trump Organization drops plan for first Australian skyscraper, blames partner
Business|Economy|Environment|World

Vietnam state oil company urges US Navy to allow tanker through blockade, document shows

The trading arm of Vietnam's state oil company has urged the U.S.

Vietnam state oil company urges US Navy to allow tanker through blockade, document shows
Business|Economy|Technology|World

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue

Samsung Electronics said on Wednesday it regretted the collapse of pay deal talks with its South Korean union, flagging concerns that it could heighten anxiety among

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue
Business|Economy|World

US Treasury's Bessent arrives in South Korea for trade talks with China's He ahead of leaders’ summit

U.S.

US Treasury's Bessent arrives in South Korea for trade talks with China's He ahead of leaders’ summit
Business|Economy|Finance|Stock Markets|World

Dollar near one-week high as hot U.S. inflation fans Fed hike bets, peace talks stall

The dollar held near a one-week high on Wednesday as risk sentiment soured after a hot U.S. inflation reading sent Treasury yields higher, and oil inched up

Dollar near one-week high as hot U.S. inflation fans Fed hike bets, peace talks stall
Business|Economy|Finance|Stock Markets|World

Asia markets falter as hot US inflation, shaky Iran ceasefire weigh

Stocks started the Asian session on the back foot on Wednesday, with talks between Washington and Tehran at a standstill as hotter-than-expected

Asia markets falter as hot US inflation, shaky Iran ceasefire weigh
Business|Economy|Political|World

NZ trims new spending, sticks to surplus path as global risks heighten

New Zealand will keep a tight rein on day-to-day spending in this year's budget while increasing capital investment to strengthen

NZ trims new spending, sticks to surplus path as global risks heighten
Business|Economy|Environment|Finance|World

Incoming BHP CEO to consider bolt-on acquisitions for growth

Incoming BHP CEO Brandon Craig will focus on securing growth options beyond 2035 by ramping up exploration, partnering with peers and making bolt-on acquisitions where

Incoming BHP CEO to consider bolt-on acquisitions for growth
Economy|Education|Political|World

Mass protests in Argentina decry Milei's funding cuts to prized public universities

Tens of thousands of Argentines were flooding the streets of major cities nationwide to protest funding cuts by libertarian President Javier Milei to the public university system — a near-universal point of pride in this crisis-prone country

Mass protests in Argentina decry Milei's funding cuts to prized public universities
Business|Economy|Political|World

Trump set to meet with Xi in Beijing as war and inflation weigh on his presidency

President Donald Trump is set to land in Beijing on Wednesday for a highly-anticipated summit with Chinese leader Xi Jinping

Trump set to meet with Xi in Beijing as war and inflation weigh on his presidency
Business|Economy|Political|US|World

David Venturella to serve as acting ICE director

David Venturella to serve as acting ICE director

David Venturella to serve as acting ICE director
Economy|Political|Travel|World

In diplomacy, pomp and protocol matter, especially when Trump goes to China

President Donald Trump's visit to Beijing is drawing attention for the spectacle China might present

In diplomacy, pomp and protocol matter, especially when Trump goes to China
Business|Economy|Education|Political|World

Trump's redistricting push fizzles in South Carolina Senate but wins in Missouri's top court

President Donald Trump's efforts to reshape U.S. House districts have seen mixed outcomes

Trump's redistricting push fizzles in South Carolina Senate but wins in Missouri's top court
Business|Economy|Technology|World

Walmart lays off or relocates about 1,000 corporate workers, WSJ reports

Walmart would cut or relocate about 1,000 corporate workers as it looks to combine more of its global-technology and AI product teams, the Wall Street Journal reported on Tuesday,

Walmart lays off or relocates about 1,000 corporate workers, WSJ reports
Business|Economy|Environment|Science|Technology|World

Global EV demand rises for second month, data shows

Global demand for electric vehicles rose for a second straight month in April as high petrol prices kept steering buyers away from combustion-

Global EV demand rises for second month, data shows