Tag: World news

UK Treasury chief admits business tax rise could lead to lower than anticipated wages

LONDON -- U.K. Treasury chief Rachel Reeves conceded Thursday that wages may rise by less than previously thought as a direct result of...

Chinese online retailer Temu faces European Union investigation into rogue traders and illegal goods

LONDON -- Chinese online retailer Temu is facing a European Union investigation over suspicions it's failing to prevent the sale of illegal products,...

Samsung reports 'major' progress in supply deal for AI chips

SEOUL, South Korea -- Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors...

A key manufacturing index in China turned positive in October after months of contraction

BEIJING -- A closely watched survey on manufacturing in China has edged into positive territory after months of contraction, the government statistics agency...

Stock market today: Asia shares decline as investors await earnings, US elections and economic data

TOKYO -- Asian shares mostly declined Thursday as investors grappled with uncertainty ahead of the United States presidential election on Nov. 5.Japan's benchmark...

Asia needs to spend much more to adapt to climate change and limit its damage, bank study says

BANGKOK -- Countries in Asia will suffer worse damage from the climate crisis than other regions and are falling far behind in spending...