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China dumps $22.7 billion in US treasury bills

China has slashed its holdings of US Treasury bills by 25% since 2021 Beijing: China has offloaded $22.7 billion US treasury bills recently over concerns...

China sanctions deal major blow to ASML’s first-quarter orders

Dutch semiconductor giant could only sell 70 units of lithography systems during the quarter Stff Report Dubai: Dutch semiconductor giant ASML Holding’s new orders fell...

Indonesia is on Apple CEO’s radar as a manufacturing facility

iPhone maker explores production bases beyond its longtime stronghold of China Staff Report Bengaluru: Apple CEO said that it is looking into building a manufacturing...

After US, now Hong Kong gives nod for bitcoin, ethereum spot...

Asia's first city to accept cryptocurrencies Hong Kong: Hong Kong's securities regulator approved the first spot bitcoin and ethereum exchange traded funds (ETFs) on Monday,...

Travel&tourism to earn $11.1 trillion in 2024

The sector is expected to contribute an additional $770 billion BBN Bureau Dubai: The travel and tourism sector's global economic contribution set to reach an all-time...

NSE outshines Chinese, Hong Kong peers

China, HK stocks lost $ 5 trn, more than India's market cap Equity markets in China and Hong Kong together offloaded shares worth a...

US worried over China’s green goods excess capacity, fears it will...

US to take up the matter with China BBN Desk The US is worried over the China’s excess capacity in clean energy products. It...

Mumbai is now Asian capital of billionaires

Globally, Mumbai stands third in terms of billionaires BBN Bureau New Delhi: Mumbai, the commercial hub of the country, has emerged as the Asian capital of...

Oil prices may fall back to $70s

So far this month, oil has rallied BBN Bureau Dubai: Oil prices are likely to fall back into the $70s after gaining strength recently on the...

India’s push for EVs may lead to large-scale entry of Chinese...

The renewed policy may make India a hub for EV manufacturing BBN Bureau New Delhi: The Indian government's push to boost domestic manufacturing of electric...
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