MUMBAI -- Indian drivers on Friday morning encountered higher prices for regular gasoline and diesel for the first time in four years as government-owned oil retailers began partially passing on their rising crude oil bills.
Alphabet announces record 576bn yen bond issuance in Japan
TOKYO -- Google parent Alphabet will issue close to 600 billion yen worth of yen-denominated bonds, the largest-ever bond offering in the Japanese currency by a foreign company, surpassing a previous record set by the U.S. investment firm Berkshire Hathaway.
Subaru postpones planned 2028 launch of its own EVs
TOKYO -- Subaru will postpone the launch of its own electric vehicles, which was previously scheduled for 2028, as demand for EVs is dwindling, the company announced Friday.
A global competitor to the F-35 is slowly emerging
Eoin Drea is senior researcher at the Belgium-based Wilfried Martens Centre for European Studies.
Japan and South Korea tech stocks swoon and bond yields soar
TOKYO -- Japanese and South Korean stocks fell sharply on Friday, led by a tech sell-off, as investors repriced their risks in the face of rising oil prices and higher bond yields stemming from the ongoing Iran war.
Tehran accuses UAE of involvement in attacks on Iran
NEW DELHI -- Iran, in remarks at a BRICS foreign ministers' meeting in New Delhi, has accused the United Arab Emirates of involvement in the U.S.-Israeli strikes against it, according to Tehran.
US and China end 'stability' summit Trump says produced 'a lot of good'
SHANGHAI -- U.S. President Donald Trump and Chinese President Xi Jinping wrapped up their two-day summit in Beijing on Friday, touting positive outcomes but offering few immediate specifics on what was achieved.
Malaysia's Q1 GDP growth slows to 5.4% as cost pressures loom
KUALA LUMPUR -- Malaysia's economy grew at a slower pace in the January-March quarter, as the impact of the Middle East conflict began to weigh on the economy, official data from the central bank showed Friday.
Japan's Kioxia forecasts 48-fold quarterly profit jump on AI demand
TOKYO -- Kioxia Holdings on Friday forecast a 48-fold jump in quarterly net profit as booming demand from artificial intelligence data centers continues to drive up prices and shipments of memory semiconductors.
Thai oil group PTT's profit up 10% as Mideast crisis lifts revenue
BANGKOK -- Thailand's state oil and gas conglomerate PTT on Thursday reported a 10% rise in net profit for the January-March period, as it capitalized on the Middle East crisis , which pushed up oil prices, even as the company sold more petroleum products.