Liz Truss called on the West to bolster support for Taiwan in the face of Chinese aggression during a visit to the self-governed island, the first by a former British prime minister in almost three decades.
Auto sales in Europe rose in April for a ninth month as supply chains improved and carmakers worked through backlogs of orders.
(Bloomberg) — French unemployment has been at a 40-year low since the end of last year — excluding the swings during the Covid pandemic. The best reading since the early years of Francois Mitterrand’s time in office gives today’s president, Emmanuel Macron, some evidence his unpopular pro-business reforms and efforts to lure foreign investment are paying dividends for French workers, as he attempts to move on from a political bruising showdown with unions over raising the pensions age. Still, sluggish economic growth and strong inflation mean his aim of further reducing the 7.1% jobless rate to a level considered to be full employment by 2027 may be hard to meet.
Indonesian authorities have detained the Minister of Communication and Information Technology Johnny Gerard Plate, following investigations of alleged corruption that could lead to his resignation.
XRP, the native token of Ripple Labs Inc.’s blockchain ecosystem, jumped the most in about seven weeks after investors interpreted a court ruling as favorable for the crypto payments company.
India’s liquefied natural gas buyers are seeking decades-long supply deals to protect them from price surges, a move that will support the government’s plan to boost the fuel’s use.
Former Thailand Prime Minister Thaksin Shinawatra said Pheu Thai, the party he supported in Sunday’s election, won’t back any action that could harm the monarchy after it agreed to participate in a coalition with top opposition group Move Forward.
South Korean company SK Ecoplant Co. will invest in and help develop a $4.5 billion green hydrogen project in Canada that’s set to be one the largest such plants in the world.
Microsoft Corp. is not in control of OpenAI, Chief Executive Officer Satya Nadella said in an interview aired Tuesday, disputing the allegation by Elon Musk.
Even as India’s stock market has become emerging Asia’s best performer over the past month, one corner of the market is flashing warning signs.
