EU’s fixation on Chinese subsidies masks its own structural stagnation
The European Commission is moving to shield its industrial machinery and chemical sectors from Chinese imports, and is weighing a “kill switch” mechanism. Together with Washington, Brussels has settled into a familiar na
US-China Board of Trade holds first meeting days before Trump-Xi summit
The United States and China held the inaugural meeting of their bilateral Board of Trade on Friday, just days before US President Donald Trump is set to meet Chinese leader Xi Jinping in Shenzhen. “Today, the Office of t
France and Germany near deal on De Cos for ECB top job as EU confirms two candidates
Two candidates are vying to succeed Christine Lagarde at the ECB, an EU official stated on Friday as EU leaders met in Dublin, while reports coming out of Spain said France and Germany are close to a deal on the central
The fight over Canadian steelworker jobs
Stelco's US owner blames Trump's tariffs for layoffs, but its support for those same tariffs has raised questions.
The Nvidia affair: Are markets about to fall out of love with AI?
Jensen Huang’s departure from Nvidia exposes the vulnerabilities behind the AI boom. As equities reel in response to his resignation following extramarital affairs, alleged Chinese espionage and a summons to testify befo
West Bank: ‘Without international trade and financial support, large settlements would not exist’
France is considering legislation to restrict trade with Israeli settlements in the occupied Palestinian territories, namely the West Bank. Ivar Ekeland, Professor Emeritus at Paris Dauphine-PSL University and Chair of t
UK-EU deal will ‘dissolve’ £60m a year of costs for plant trade, says Angela Eagle
Signing of agreement to smooth movement of food, plants and animals next week will not recoup huge sums firms were forced to spend The removal of border checks and paperwork on plant imports will “dissolve” £60m of annua
Nvidia has lost nearly $2tn in value. What could it be worth without Jensen Huang?
Nvidia has lost about $1.8tn (€1.6tn) in market value since its record close on 6 October. After Jensen Huang’s exit, investors are weighing whether the chipmaker can keep growing at the pace that made it the biggest nam
Beijing clarifies offshore trust tax rules, exempting Hong Kong MPF accounts
China’s finance ministry on Friday clarified the enforcement details of its offshore trust tax, officially excluding Hong Kong pension fund accounts held by mainland Chinese and providing detailed calculation methods for
Hong Kong raises 2026 growth forecast to 4.8% as AI-driven exports power economy
Hong Kong has upgraded its 2026 economic growth forecast to 4.8 per cent, buoyed by recent strength in artificial intelligence-related exports, with the full-year performance expected to be the strongest in five years. T
'The market will look for alternatives,' on Huang resignation says Andrea Renda, Digital Economy expert
Nvidia is at the centre of the global artificial intelligence revolution. But the American chip giant is now facing an extraordinary crisis, following the shock resignation of its CEO Jensen Huang amid allegations of an
'The structure of the European economy needs to change more quickly,' says IMF Europe chief Mateusz Szczurek
Europe's economy is facing a dangerous combination of challenges: sluggish growth, mounting public debt and rising borrowing costs. As sovereign bond yields put pressure on government finances, Europe's ability to invest
European shares fall as Nvidia CEO’s exit raises doubts over AI boom
Equity markets mostly fell on Friday, following losses on Wall Street as investors weighed what Jensen Huang’s resignation from Nvidia could mean for the AI industry. Oil prices rose after US President Donald Trump said
High Bank Fees Hamper Albania’s Crackdown on Cash
Albanian businesses are required by law to facilitate payments by card but complain of exorbitant bank fees.
Jensen Huang’s abrupt exit stuns Nvidia’s China staff, clouding the outlook in a key market
Jensen Huang’s abrupt resignation stunned some Nvidia staff in China and raised questions about the future of the US chipmaker’s operations in a market its co-founder had spent years cultivating, according to company sou
Why Japan’s job market is attracting more Chinese university graduates
After graduating with a bachelor’s degree in China, Jessica Zhang chose to look for work in Japan. She is now studying Japanese at a language school in Kyoto on a student visa while working as a supermarket cashier. She
Finance Ministry looks to rein in defense spending push amid funding concerns
The revised spending proposal could mean cuts by as much as half in planned purchases of some missiles and aircraft.
Sheep price records continue to tumble
Sheep values are soaring at saleyards across the country in a golden age for producers who are enjoying never-before-seen prices for their stock.
Chinese e-commerce sellers brace for Thai import duties. Will a 30% tariff threaten sales?
A new tariff of up to 30 per cent on e-commerce goods entering Thailand may squeeze Chinese vendors, but intense price competition and their ability to keep costs low are likely to limit its impact, analysts said. Thaila
The yen is becoming too difficult for some investors to trade
Traditional signals such as interest-rate differentials have become less reliable guides for the currency.
Right-wing influencer claims Democrats will tank the economy so they can blame Trump
Ben Shapiro pointed to opposition against artificial intelligence infrastructure as proof that Democrats would target an industry ‘responsible for the vast majority of economic growth’
Eli Lilly beats Novo Nordisk to China approval for first oral GLP-1 weight-loss drug
China has approved US pharmaceutical giant Eli Lilly’s weight-loss pill orforglipron, making it the country’s first available oral GLP-1 treatment for obesity as global drug makers seek to tap the country’s massive weigh
Why Japanese firms are shrugging off bilateral tensions, adjusting China sales strategies
Macroeconomic issues are occupying the thoughts of leading Japanese multinationals as they adjust strategies in China, but few say they worry that diplomatic tensions will cost them opportunities in one of their largest
Nvidia’s Huang ousted by board in move that roils AI economy
Longtime CFO Colette Kress is taking the job of interim CEO, Nvidia said, and Huang will no longer have ties with the chipmaker.
As Japan looks to strengthen defences and security strategy, analysts warn of escalation
Japan aims to become harder to defeat militarily and less vulnerable to economic pressure from China under plans to overhaul its three key security documents by the end of the year. Analysts said the proposed revisions c
Carney wraps meetings on security, trade with European leaders in Ireland
Prime Minister Mark Carney heard from Ukrainian President Volodymyr Zelenskyy on Thursday about the state of negotiations with Russia as the two discussed continental security with European leaders.
Live: ASX down, Nvidia shares tumble after CEO Jensen Huang's exit
Australian shares have opened lower after Wall Street wavered and Nvidia shares tumbled on news of CEO Jensen Huang's resignation. Follow the day's events and insights from our business reporters on the ABC News live mar
Nvidia without Huang 'a significant loss' and puts the AI boom under a microscope, say economists
Speaking at Web Summit Lisbon, one economist calls founder Jensen Huang’s exit “a critical mistake” and a “significant loss” for the industry, while another says large corporations are built to outlast the people who run
How the decline of the department store could shape the future of shopping
Department stores are fading away and retailers are grappling with the challenges of online trade. So what might this mean for physical shops and consumers?
Uzbekistan calls for shared early warnings and climate finance across Central Asia at COP31
The proposed framework also covers restoring degraded land and tackling dust storms as the region faces growing water pressure.
Iran: Exiled journalists still repressed by regime
For many independent reporters, leaving Iran does not mean fully escaping the grasp of the Iranian state. The regime uses family members, bank accounts and the property they left behind to apply pressure across borders.
EU will examine Israel association agreement after massive public petition
Organizers say the EU should suspend its trade and political dialogue with Israel.
Nvidia CEO Jensen Huang resigns amid spy scandal and market loss
Tech giant's market value drops below $4 trillion after Huang steps down following espionage and affair allegations.
EU defence start-ups face funding and bureaucracy traps, MEPs warn
Europe's rearmament ambitions face another hurdle after MEPs overwhelmingly backed a damning report exposing two major obstacles holding back defence start-ups and SMEs from bringing new technologies to market.
Poundland owner secures two extra weeks to ensure retail chain’s survival
US investment firm Gordon Brothers is ‘taking due care’ to consider if one of three bidders has enough funds Business live – latest updates Poundland’s owner has said it is “taking due care” to consider if one of three b
LEGO shop BrickLink downed by 'unusual activity' on its website
The popular online LEGO marketplace was taken down on 5 November and remains offline as a precaution while the company investigates the incident.
Trump threatens to double tariffs on Mexico if it does not halt migrants
President Donald Trump on Thursday threatened to double tariffs on Mexico if it does not stop more than a thousand migrants walking north towards the United States after last week’s US election, warning that they would
Taiwan to close Papua New Guinea office and halt spot-market LNG purchases
Taiwan will close its representative office in Papua New Guinea later this month after the Pacific island country repeatedly demanded its closure, citing its “one-China policy”. The withdrawal will cut off Taiwanese tech
North Macedonia Opposition Accuses Govt Over Subsidiary of Failed Serbian Bank
Opposition accuses central bank and government of trying to silence it as political accusations fly over the financial status of the North Macedonia-based subsidiary of Serbia's recently-failed Alta Banka.
Nvidia moves to oust spy-tainted CEO Jensen Huang after word of affair with subordinate: report
The company's stock fell roughly 8 percent in after-hours trading following Wednesday's reports, extending a market value loss of more than $300 billion since the scandal began
Paraguayans get some savings back after banking collapse disrupted economy
Paraguay's Central Bank said Wednesday, November 11, it had partially returned savings to all eligible Ueno Bank depositors locked out of their accounts when it collapsed last week. The digital bank's takeover on Novembe
China’s diaspora crackdown reaches deep into Europe, report finds
The report alleging Beijing uses hundreds of European outposts to monitor and police diaspora communities lands as EU trade officials meet a Chinese counterpart.
UK economy grows 0.7% in third quarter as AI demand lifts output
Britain’s economy grew 0.7% in the third quarter, in line with expectations. Computer programming and consultancy helped drive growth as demand for AI and cloud computing rose, while the Iran war pushed up energy costs.
Why are Northern Europeans snubbing EPSO and the EU institutions?
German, Finnish, Dutch and other Nordic graduates are not interested in EU careers, as new figures from the EPSO competition show that northern Europeans are largely staying away. Is Brussels doing enough to compete with
Merz urges EU to stand firm on carbon market reforms despite growing opposition
The German Chancellor has warned against weakening the EU's carbon market, insisting that businesses need predictable carbon prices despite mounting pressure from member states and his own economy minister.
Malaria aid cuts will rob children of their futures – here’s what we can do to stop it
Tackling malaria must be a ‘non-negotiable’ in national budgets, even in the age of aid cuts, Joy Phumaphi writes
Duterte-Carpio impeachment trial zeroes in on US$3,220 Tokyo meal
A six-figure dinner bill in Japan involving Philippine Vice-President Sara Duterte-Carpio’s family has drawn scrutiny over her perceived lavish lifestyle, as ordinary Filipinos grapple with elevated inflation and a slowi
AI slump not seen affecting Bank of Japan’s rate-rise plan
One increase every three months is still forecast even after tech share declines.
Japan’s producer prices pick up, backing case for another BOJ rate hike
Prices for goods traded between Japanese firms climbed 0.7% month on month in October, the fastest since May.
A.I. and Market Whiplash
A Times reporter who covers financial markets helps us make sense of tech turbulence.
As Beijing pushes for cash return, Chinese firms can unlock 15% valuation boost: report
Chinese companies could unlock a further 15 per cent in equity valuation upside by stepping up share buy-backs and dividend payouts, as Beijing seeks to encourage listed firms to return more cash to investors, according
Not money pits or ‘empty houses’: Akiya market seeks rebrand
The emphasis now is more on second homes and less on fixer-uppers.
Commercial rock lobster fisheries closed due to antibiotic trade risk
Commercial rock lobster and dive fisheries in parts of Tasmania's south-east will be closed for three months to "mitigate trade risks" linked to antibiotic use by the salmon industry.
ANZ boss warns global markets in 'dangerous situation' as interest rates rise
ANZ boss Nuno Matos says he sees a "dangerous situation" of rising rates and frothy equity markets.
Nvidia board weighs ouster of CEO Jensen Huang amid spy scandal
Nvidia's board met late Wednesday to consider removing chief executive Jensen Huang, after reports of two extramarital affairs, including one with an alleged Chinese spy, fuelled a market sell-off and raised questions ab