Tuesday, August 26, 2025
Economy
UK inflation dips less than expected in May
London (AFP) - British inflation eased less than expected in May after surging in April, official data showed Wednesday, fuelling...
Taiwan’s entrepreneurs in China feel heat from cross-Strait tensions
Kunshan (China) (AFP) - Bustling Taipei-style shopping streets, majestic temples to the island's deities and thriving factories dot the eastern...
US Fed set to hold rates steady as it guards against inflation
Washington (AFP) - The US central bank is expected to hold interest rates steady Wednesday after its key policy meeting,...
Bali flights cancelled after Indonesia volcano eruption
Jakarta (AFP) - Dozens of flights to and from Indonesia's resort island of Bali were cancelled on Wednesday, according to...
EU chief says pressure off for lower Russia oil price cap
Kananaskis (Canada) (AFP) - EU Commission Chief Ursula von der Leyen on Tuesday said surging energy prices have reduced the...
Spain says ‘overvoltage’ caused huge April blackout
Madrid (AFP) - A major power outage that paralysed the Iberian Peninsula in April was caused by "overvoltage" on the...
Trump says EU not offering ‘fair deal’ on trade
Washington (AFP) - US President Donald Trump said Tuesday that the European Union had yet to offer a "fair deal"...
UK automakers cheer US trade deal, as steel tariffs left in limbo
London (AFP) - Britain's auto sector on Tuesday welcomed news that the United States and UK have agreed to implement...
Global oil demand to dip in 2030, first drop since Covid: IEA
Paris (AFP) - Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the...
US retail sales slip more than expected after rush to beat tariffs
Washington (AFP) - US retail sales declined more than expected in May, government data showed Tuesday, dragged by a slowdown...
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