Economy

China slaps tariffs of up to 42.7% on EU dairy products, alleging 'damage' to the domestic dairy industry

Products that will be affected include fresh, processed and blue cheeses.

Asia’s worst-performing currency is set for a rocky start to 2026

Rupee emerges as Asia's worst performing currency in 2025 amid trade policy uncertainty and capital outflows.

India and New Zealand announce trade pact making majority of goods trade duty free

India which has ambitions to become an export powerhouse has been looking to diversify its exports. This is the third trade pact India has signed this year.

Gold and silver prices soar to new highs as the yellow metal reemerges as a hedge

It comes as fiscal deficits and the race for the next chair of the Federal Reserve weighs on investors' minds.

Orsted shares plummet 13% as U.S. pauses 5 offshore wind projects; European markets closed lower

It follows a record-breaking previous session which saw the Stoxx 600 index hit 588.07 points.

Toy touts, random spins and frantic bidding: the murky side of live auction site Whatnot

Quickfire lots fuel a booming business, but critics condemn gambling-style features and popularity with ‘scalpers’

AI-linked IPOs in China are exploding. But it's not easy for foreigners to join the party

China's hottest artificial-intelligence listings are delivering eye-popping gains. However, it may not be easy for overseas investors to partake in the rally.

Kimchi, made in China: how South Korea’s national dish is being priced out at home

In the first 10 months of this year, South Korea imported $159m worth of kimchi, almost entirely from China, while exporting $137m

Asia-Pacific markets trade higher as investors assess China's key lending rate decision

Asia-Pacific markets climbed Monday as investors assess China's benchmark lending rate decision.

Why the chocolate in your holiday candy could be ‘fake’ this year

Unpredictable cocoa markets have prompted some candy makers to rethink how they're sourcing chocolate.

UK stocks outperformed Wall Street this year

London’s FTSE 100 returned more than all three major Wall Street averages this year.

Here are 2 things we're watching in the stock market this week

Will Santa Claus come to Wall Street? And, how do holiday shoppers feel about the economy?