
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump
Aug 14, 2026 07:05 am UTC| Business Economy
Chinas automakers are rapidly expanding overseas as falling domestic car sales and excess manufacturing capacity push companies such as BYD, Geely and Chery to seek growth beyond the worlds largest auto market. Chinese car...

Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar
Aug 14, 2026 06:56 am UTC| Economy
Asian currencies edged higher on Friday as the U.S. dollar weakened following softer-than-expected inflation data, which reduced expectations for a near-term Federal Reserve interest-rate hike. Gains across regional...

Asian Stocks Rally as Cooling US Inflation Boosts Fed Rate Outlook
Aug 14, 2026 06:55 am UTC| Economy
Asian stocks mostly advanced Friday, putting regional markets on course for their strongest weekly performance since mid-June as softer US inflation data eased concerns over another Federal Reserve interest rate hike. The...

S&P 500 Hits Record High as Soft Inflation Data Eases Fed Rate Hike Fears
Aug 14, 2026 04:00 am UTC| Economy
U.S. stock futures were largely unchanged Thursday evening after the SP 500 closed at a record high, as softer producer inflation data eased concerns about a potential Federal Reserve interest-rate hike in September. SP...

Gold Prices Slip From 10-Week High as Fed and Hormuz Risks Shape Outlook
Aug 14, 2026 03:57 am UTC| Economy
Gold prices moved lower on Friday after pulling back from a 10-week high, as investors assessed softer U.S. inflation data, the Federal Reserves interest rate outlook and uncertainty surrounding the Strait of Hormuz. Spot...

Trump Imposes New US Tariffs on Drone Imports Over National Security Concerns
Aug 13, 2026 22:07 pm UTC| Politics Governance Economy
U.S. President Donald Trump announced new tariffs on imported drones and drone components on Thursday, citing national security concerns and the countrys heavy reliance on foreign suppliers. Under a proclamation signed by...

Canada-US Trade Talks Gain Momentum Ahead of Aug. 19 Tariff Deadline
Aug 13, 2026 22:05 pm UTC| Politics Economy
Canada-US trade negotiations are making positive progress as both countries push to reach an agreement before new U.S. tariffs on Canadian imports are scheduled to take effect on Aug. 19, according to a Canadian government...