Economy
Asian markets swing as traders eye major US jobs report
Asian markets fluctuated Friday and investors trod cautiously ahead of US jobs data that could play a key role in the Federal Reserve's plans for cutting interest rates, with the bank's next policy decision looming next week. "Consequently, market pricing for the (policy board's) first rate cut in September may be pushed out."
Samsung workers in S. Korea stage first strike: union
Samsung workers in S. Korea stage first strike: union
France to transfer Mirage-2000 fighter jets to Ukraine: Macron
France will transfer Mirage-2000 fighter jets to Ukraine and train their Ukrainian pilots as part of a new military cooperation with Kyiv as it fights the Russian invasion, President Emmanuel Macron announced on Thursday.
China sees commercial sector as next frontier in US space race
A world-first launch from the far side of the Moon this week showcased China's progress in space, and Beijing now wants its commercial sector to catch up to rivals such as Elon Musk's SpaceX. Chinese companies lag far behind American frontrunners led by SpaceX, which plans to launch Starship, a massive prototype rocket that may one day send humans to Mars, on Thursday.
Thruster problems delay Boeing Starliner docking with ISS
The planned docking of a Boeing Starliner capsule carrying its first astronauts to the International Space Station has been delayed as teams work to troubleshoot problems affecting the propulsion system, NASA said Thursday.
US trade gap widens to largest in 18 months
The US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday. This was the largest deficit since October 2022, according to official data.
Boeing Starliner spacecraft springs more leaks on way to ISS
Boeing's Starliner crew capsule, which is making its way to the International Space Station on its first mission carrying astronauts, has developed two helium leaks since entering orbit but remains stable and on course for docking, NASA said.
Russian central bank chief calls for 'open economy'
Russia's central bank chief called Thursday for Russia to be an "open economy" despite the barrage of Western sanctions and trading restrictions it has been hit with over its Ukraine offensive. At a panel discussion on Thursday, Nabiullina said Russia must prioritise "ensuring the openness of our economy."
Nigeria ranks high as the World Bank releases list of top 10 countries indebted to China
A recent report by the World Bank shows that Nigeria is among the top 10 countries indebted to China, with Pakistan ranking highest on the list with $20.6 billion.
Economy
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