Business

Taiwan’s air force showed off its new locally designed and made jet trainer on Wednesday, touting the more advanced, combat-capable abilities of the aircraft that will replace aging and accident-prone …

Taiwan touts new air force advanced training jet’s abilities Read More

Australia’s “big four” lenders raised their home loan variable interest rates on Wednesday by 50 basis points (bps) per annum, passing on the central bank’s third consecutive rate hike in …

Australia’s ‘big four’ banks pass on full 50 bp variable mortgage rate hike Read More

Wall Street ticked upward while oil continued to slide on Wednesday as investors juggled concerns over inflation versus a recession after Federal Reserve minutes showed officials rallied around a large …

Stocks, oil struggle to hold ground as minutes show Fed rally around rate hikes Read More

The European Union plans to become the top investor in the world’s tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its …

EU plans investment in world’s tallest dam to dent Russia’s energy clout Read More

Environmental groups are suing the Dutch subsidiary of Air France KLM (AIRF.PA) over an advertising campaign they allege breaches European consumer law by misleading the public over how sustainable its …

Dutch airline KLM sued over ‘greenwashing’ ads Read More

U.S. electric vehicle maker Tesla Inc (TSLA.O) sold around 78,000 China-made vehicles in June, preliminary estimates published by the China Passenger Car Association (CPCA) showed on Wednesday. This was up …

Tesla sold 78,000 China-made vehicles in June, up 142% vs May -CPCA estimates Read More

Russian online bank Tinkoff on Wednesday said it was suspending outgoing SWIFT transfers in foreign currencies until Oct. 1 after admitting it had struggled with such transactions due to restrictions …

Russian bank Tinkoff suspends outgoing FX SWIFT transfers until October Read More