Finance
US Steel Plans $1.9 Billion Facility to Feed its Arkansas Works
United States Steel Corporation will spend $1.9 billion to build a feedstock plant at its works in Arkansas, the latest
Finance
LG Energy Eyes 30% Energy Storage Sales Mix To Counter EV Slump
LG Energy Solution Ltd. plans to boost its energy storage system business, aiming to increase the division’s revenue con
Finance
Australia Regulator Threatens Enforcement for Poor AI Controls
Australia’s top prudential regulator said it will take action against companies that fail to adequately control cybersec
Finance
Philippine Central Bank Sees Inflation Rising to Three-Year High
The Philippine central bank forecasts April inflation rate could surge to between 5.6% and 6.4%, breaching its target ra
Finance
Copper Snaps Five-Day Decline on China Manufacturing Expansion
Copper climbed in line with most industrial metals after Chinese factory activity expanded despite disruptions to supply
Finance
Lenders HSBC, NAB Earnings Outlook Dampened by Middle East War Risks
Asia Pacific’s main lenders will offer diverging paths navigating the fallout of the Iran war, with HSBC Holdings Plc an
Finance
Chinese Exporters Thrive Despite War But Domestic Demand Wobbles
Chinese construction activity suffered its biggest slump since the early stages of the Covid pandemic and the services s
Finance
US Urged to Turn ‘Rhetoric Into Reality’ on Pacific Fuel Supply
The US should back up its Pacific rhetoric with action by deploying fuel tankers to the region, a senior New Zealand min
Finance
Brent crude hits wartime high, nearing $125, as U.S. military to reportedly brief Trump on action against Iran
Brent crude has surged to its highest levels since mid-2022, LSEG data shows, as the Middle East conflict chokes supplie
Finance
Novo-Backed Drugmaker Avalyn Raises $300 Million in Upsized IPO
Avalyn Pharma Inc., a biopharma company developing inhaled treatments for rare lung diseases, raised $300 million in a U
Finance
Samsung profit surges over eightfold to beat estimates as AI boom fuels memory chip crunch
Samsung Electronics reported an over eightfold increase in first-quarter operating profits, hitting a new record and bea
Finance
Indian Stocks’ April Rally Masks Fragile Underpinnings
Higher oil prices, persistent foreign outflows pose risks to the market.