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Asia Pacific

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Hong Kong's economy grows 3.1 percent in Q1, marks ninth straight gain
Hong Kong's economy accelerated in Q1 ahead of tariff storm

HONG KONG: Hong Kong's economy grew by 3.1 percent in the first quarter of this year compared to the same period last year, according...

Chinese homeowners slash prices amid resale glut
China's April resale home prices fall as more properties put on sale

BEIJING, China: Homeowners in China are slashing prices to attract buyers as a growing number of resale properties flood the market....

Toyota partners with Waymo to advance self-driving car tech
Toyota, Waymo explore collaboration to speed up self-driving tech

TOKYO, Japan: Toyota is taking a fresh step toward autonomous driving by teaming up with Waymo to co-develop new vehicle platforms...

China's factory activity shrinks at fastest pace in over a year
China's factory activity falls sharply as Trump tariffs bite

BEIJING, China: China's manufacturing sector lost steam in April, with activity shrinking at the fastest pace in over a year, as new...

Australian police and partners smashing drug cartels
Australia's Global Police Collaboration Cracks Major Crimes

Every day, police across Australia investigate thousands of incidents—any one of which could unlock a major case on the other side...

Australia inflation hits 3-year low, boosting rate cut hopes
Australia's core inflation slows to 3-year low in Q1

SYDNEY, Australia: A key measure of inflation in Australia has cooled to its lowest level in three years, lending weight to expectations...

Business

Section
Footwear giants urge Trump to spare shoes from tariffs
Footwear brands, including Nike, Adidas ask Trump for tariff exemption

WASHINGTON, D.C.: Dozens of major footwear companies, including Nike, Adidas, and Skechers, have signed a letter urging U.S. President...

Kimberly-Clark to invest $2 billion in US manufacturing expansion
Kimberly-Clark to invest $2 billion to bulk up US manufacturing

IRVING, Texas: Kimberly-Clark, the maker of Kleenex tissues and Huggies diapers, announced this week it will invest US$2 billion over...

Hong Kong's economy grows 3.1 percent in Q1, marks ninth straight gain
Hong Kong's economy accelerated in Q1 ahead of tariff storm

HONG KONG: Hong Kong's economy grew by 3.1 percent in the first quarter of this year compared to the same period last year, according...

U.S. stocks extend gains after FOMC leaving rates untouched
U.S. stock markets, dollar advance on Fed rate decision

NEW YORK, New York - U.S. stocks advanced on Wednesday while the U.S. dollar made across-the-board gains after the Federal Reserve...

JetBlue pilots oppose new US airline partnership plan
JetBlue's plan for domestic partnership faces union backlash

LONG ISLAND CITY, New York: JetBlue Airways' plan to strike a domestic partnership with another U.S. airline is drawing sharp resistance...

Shell beats estimates with $5.58 billion Q1 profit despite 28% drop
Shell profit beats expectations, buybacks kept steady

LONDON, U.K.: Shell reported a better-than-expected first-quarter profit of US$5.58 billion on May 2, down 28 percent from a year earlier...