Chilli prices drive Indonesia’s monthly inflation
Red chilli peppers contributed to 0.08% of the country's month-on-month inflation rise of 0.28%.
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World Business
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Eurozone must boost international role of euro, says ECB’s Lagarde
Means of payment are becoming more varied amid rising geopolitical tensions and innovations such as stablecoins, threatening to leave the euro in the lurch.
Pay workers ‘as much as possible’, says Nvidia’s Huang
Jensen Huang backs higher wages for workers amid surging AI-driven semiconductor gains and the Samsung union dispute.
US to cut tariffs on agricultural equipment as costs bite
A 10% duty rate also applies to foreign companies if their equipment includes at least 85% US steel or aluminium.
AI unearths football talent beyond scouts’ radar
Tech companies promising to 'democratise' football are launching apps allowing young players to upload phone-recorded videos showcasing their ball skills.
China adds data, AI to trade secret rules to block leaks
Measures include limiting file access by rank, alongside bans on technical training that facilitates foreign exports.
China’s robotics firms line up IPOs to pitch next phase of AI
The deep pipeline of robotics IPOs mirrors the rise of China’s AI ecosystem and Beijing’s push for large-scale deployment.
France intercepts another ‘shadow fleet’ tanker linked to Russian oil
The tanker, which sailed from Russia's Arctic port of Murmansk, was suspected of flying under a false flag and was intercepted with support from Britain.
Australia says wheat crop set to plunge
The major world wheat exporter's harvest this season is set to plunge by 26% from last year to 26.7 million tonnes.
Australia lifts minimum wage to match increases in inflation
Around 3 million lowest-paid workers will get a 4.75% pay rise, lifting pay to A$1,004.90 a week or A$26.44 an hour.
Carney under fire as Canada’s economy contracts
Official figures showed the economy contracted by 0.1% in Q1 of the year, following 1% negative growth in Q4 of 2025.
World
Bessent says US was ‘asleep’ on economic security, Trump policies waking it up
US treasury secretary Scott Bessent argues that President Donald Trump’s policies are helping to reverse decades of failures that left US supply chains vulnerable.
Business
Wall Street futures steady as investors await Mideast deal updates
Investors are likely to remain highly sensitive to both geopolitical headlines and incoming inflation data in the weeks ahead.
Business
AI giant Anthropic reaches near-trillion dollar valuation
The latest fundraising round confirms Anthropic's place as one of the most significant players in AI.
Business
IBM bets US$10bil on quantum computing’s commercial future
The US tech giant, founded in 1911, says it has deployed more than 90 quantum systems — more than all rivals combined — and aims to launch the first large-scale…
Business
S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
Renewed confidence in AI and earnings growth momentum have underscored the recent rally despite the Middle East tensions, which have increased inflationary expectations.
Business
US cuts first-quarter growth estimate as inflation rises
Gross domestic product in the world's biggest economy rose at an annual rate of 1.6% in the first three months this year, down from an earlier estimate of 2.0%.
Business
Musk defends AI ambitions as IPO reveals trouble
SpaceX’s latest prospectus revealed it is leasing massive computing facilities used to train xAI’s Grok models, fuelling doubts over whether Elon Musk’s AI venture remains a serious rival.
World ,Business
US revises first quarter growth down while inflation climbs
المصدر: Channel NewsAsia
World
Treasury chief says US to halt Iranian airlines’ access to landing spots
Scott Bessent’s statement came after the Treasury sanctioned Iran’s Persian Gulf Strait Authority, a new Tehran agency collecting fees in the Strait of Hormuz.
Business
IBM says to boost open-source security with US$5bil project
Dubbed 'Project Lightwell', the initiative follows reports of the powerful capabilities of recent AI models in discovering and exploiting vulnerabilities in computer security.
World
Trump administration in talks to fund US drone companies
Drone dominance was described as a 'presidential priority' in US President Donald Trump's US$1.5 trillion defence budget request for fiscal year 2027.
Business
Wall Street futures dip on escalating Mideast tensions
Investors await key inflation data that could alter interest rate expectations.
Business
EU probes Chinese giant JD.com’s bid for Germany’s Ceconomy
The European Commission's competition regulator said a preliminary investigation indicated that JD.com may have received foreign subsidies that distort the EU internal market.
Business
Ex-BP chair Manifold says not everyone shared his efficiency priorities
Albert Manifold felt that not everyone at the oil major had shared his priorities of cutting costs, simplifying the company's portfolio and strengthening its balance sheet.
World
Nvidia chief Jensen Huang to join board of Beijing’s Tsinghua University
The 65-member board, established in October 2000, includes US tech leaders such as Elon Musk, Michael Dell, Satya Nadella, Mark Zuckerberg and other leading names.
Business
Shares falter, oil gains as Gulf hostilities heat up
Oil prices bounce 2% and Treasury yields edge higher as a US strike on Iran added to the conflicting signals over peace talks.
Business
Gold extends losses as US strikes dampen Iran peace talk hopes
Bullion fell as much as 1% to around US$4,405 an ounce, after sliding 2.6% in the previous two sessions.
World
Australia sues consumer goods giant 3M over ‘forever chemicals’
The Australian government is seeking damages to recover the cost of managing environmental contamination from the chemicals.
Business
United Airlines CEO rules out consolidation push after American rebuff
United Airlines CEO Scott Kirby floated the idea of a tie-up with American Airlines during a late-February meeting with US president Donald Trump.
Business
Bank of Mexico lowers 2026 economic growth forecast to 1.1%
The Bank of Mexico (Banxico) said the downward revision to 2026 growth was mainly due to a 'considerably weaker' performance in the first quarter of this year.
Business
Pentagon awards Microsoft US$9.7bil deal in bid to cut costs, end licence sprawl
The cost-cutting effort gives Microsoft a guaranteed enterprise-wide foothold across the US armed forces while eliminating duplicative spending.
Business
Wall Street indexes post closing record highs, AI rally pauses
Investors paused the AI-driven rally while cautiously monitoring Middle East peace talks, with markets awaiting personal consumption expenditures index data on Thursday.
Business
Oil drops further on hopes US-Iran talks on track
Investors tracked signs that the US and Iran were closing in on a deal that would open up the Strait of Hormuz to Gulf crude shipments.
Business
SK Hynix, Micron cross US$1tril valuations on AI demand surge
Governments and tech firms worldwide are pouring hundreds of billions of dollars into AI data centres that can train and run tools such as chatbots, image generators and agents.
Business
Sacked BP chairman hits out at ‘false narrative’
Albert Manifold disputes the characterisation of his conduct, a day after BP unexpectedly removed him after less than a year in the role.