Business Recorder1h
Trump says he will reach out to North Korea’s Kim Jong Un
WASHINGTON: U.S. President Donald Trump said in an interview broadcast on Thursday that he plans to seek to engage North Korean leader Kim Jong Un anew after the two men developed a working ...
Business Recorder1h
Gold jumps to near all time-high, set for weekly gain
Gold prices soared to near three-month highs on Friday and were on track for a fourth straight weekly gain as uncertainty about U.S. President Donald Trump’s trade plans took the wind out of the ...
Business Recorder1h
Indian shares set to open higher after Trump roots for lower U.S. rates
Indian shares are set to open higher on Friday, tracking other Asian peers, after U.S. President Donald Trump said he would ...
Business Recorder1h
BOJ raises short-term interest rates to 0.5% in widely expected move
The board decided to raise the BOJ’s short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura dissented to the decision.
Business Recorder1h
US judge temporarily blocks Trump’s order restricting birthright citizenship
SEATTLE: A federal judge blocked Donald Trump’s administration on Thursday from implementing the Republican president’s ...
Business Recorder1h
Firefighters halt advance of latest Los Angeles wildfire
Firefighters stopped the expansion of a new wildfire north of Los Angeles on Thursday after it spread rapidly, ...
Business Recorder1h
BR’s refresher: your morning briefing for the day
Business Recorder helps its readers by compiling what it sees as important updates from the previous day to save your valuable time and effort.
Business Recorder1h
Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop
SEATTLE: Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays ...
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Wall Street regulator revokes accounting guidance on crypto assets
In a notice posted on its website, the SEC said the 2022 guidance known as Staff Accounting Bulletin 121, which then-President Joe Biden blocked lawmakers from cancelling in May of last year, had been ...
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Stargate artificial intelligence project to exclusively serve OpenAI, FT reports
Stargate, the joint venture by OpenAI, and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times reported on Thursday ...
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Tesla launches new Model Y in US, Canada, Europe weeks after China
Elon Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on Thursday, weeks after it was first released in China.
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Japan’s core inflation hits 16-month high, markets brace for BOJ hike
TOKYO: Japan’s core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the day and retaining bets that ...