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Thousands of Afghans scramble for chance to work in Qatar

When Mohammad Hanif heard Qatar was opening jobs to Afghans, he joined thousands of others to put his name down for a shot to make a living in the gas-rich emirate, his own country wracked by unemployment.

Hong Kong sees 3.1% growth in second quarter

Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take advantage of US tariff easing.

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Argentina under Milei: a tale of two economies

In Javier Milei's Argentina, falling inflation has stimulated a boom in car and real estate sales and foreign-bound planes take off laden with tourists.

Stellantis pulls plug on hydrogen fuel cell vans

Jeep-maker Stellantis said Wednesday it was pulling the plug on plans to build light vans using hydrogen fuel cells, saying it saw no prospects for it to be commercially viable.

Nvidia's Huang says 'doing our best' to serve Chinese market

Nvidia CEO Jensen Huang said on Wednesday his firm was "doing our best" to serve China's vast market for semiconductors after meeting Beijing officials.

Indonesian shoemakers fear Trump tariffs despite lower levy

At a leather boot shop in the Indonesian city of Bandung, workers handle an order from Texas but owner Etnawati Melani says she fears such business will dwindle when Donald Trump's tariffs hit exports.

Indonesia hails 'new era' with US after Trump trade pact

Indonesia's leader on Wednesday hailed a "new era" of trade relations with the United States, after Donald Trump said he slashed the tariff rate faced by Southeast Asia's biggest economy from 32 percent to 19 percent.

Dutch tech giant ASML sees profits rise but warns on 2026

Dutch tech giant ASML said Wednesday it booked higher net profits in the second quarter of 2025 compared with the same period last year but warned that geopolitical headwinds had darkened the 2026 outlook.

Cuban minister resigns after downplaying poverty

The labor minister in economically depressed Cuba resigned Tuesday amid an uproar over her claim that people rummaging through garbage cans were only pretending to be poor and not truly desperate.

Trump unveils investments to power AI boom

US President Donald Trump went to Pennsylvania on Tuesday to announce $92 billion in energy and infrastructure deals intended to meet big tech's soaring demand for electricity to fuel the AI boom.

Nasdaq gains while Dow, S&P 500 fall as US inflation ticks higher

Most US and European share indices slid on Tuesday, as US inflation data indicated President Donald Trump's tariffs could be feeding into his country's economy.

Syrian Druze say govt mission of peace devolved into rampage

The mainly Druze residents of the Syrian city of Sweida had hoped the arrival of government forces on Tuesday would spell an end to deadly sectarian clashes with local Bedouin tribes.

Trump says Indonesia to face 19% tariff under trade deal

President Donald Trump said Tuesday that he had struck a trade pact with Indonesia resulting in a lower US tariff on the country's goods than earlier threatened, alongside better market access.

French PM proposes cutting national holidays to cut debt

Prime Minister Francois Bayrou said Tuesday he wanted to reduce the number of public holidays in France as part of a bid to tackle what he called the "curse" of his country's debt.

Tackling debt 'curse', France wants to slash holidays

France's Prime Minister Francois Bayrou said Tuesday he wanted to reduce the number of public holidays as part of an urgent plan to tackle what he called the "curse" of his country's debt.

Stock markets dip as US inflation puts focus on Trump's tariffs

Most US and European share indices slid on Tuesday, as US inflation data indicated President Donald Trump's tariffs could be feeding into the American economy.

US banks see lower recession risk despite tariff fog

Large US banks reported results that topped estimates Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty.

Fallen Austrian tycoon Benko charged with fraud

Austrian tycoon Rene Benko has been charged with fraud as part of a wide-ranging probe into the insolvency of his real estate empire, prosecutors said Tuesday.

Las Vegas Sands makes $8 bn Singapore bet with resort expansion

Casino operator Las Vegas Sands broke ground Tuesday on a new $8 billion project to expand its iconic Marina Bay Sands resort in Singapore, in a major bet on the city-state's tourism market.

Stock markets gain, dollar dips before US inflation

Stock markets mostly gained and the dollar eased Tuesday ahead of key US inflation data, and after Chinese economic growth data met expectations.

Tesla marks India entry with first showroom

Tesla unveiled its first showroom in India on Tuesday, marking its entry into the world's most populous country, as Elon Musk's electric vehicle company seeks new customers amid sagging sales in the United States and Europe.

Ukraine covers frontline roads with anti-drone nets

A ravaged car with its engine destroyed and doors riddled with shrapnel lay on the side of the road near Dobropillia, a sleepy town not far from the front line in eastern Ukraine.

Markets mostly rise as China's economy meets forecasts

Most markets rose Tuesday as data showed China's economic growth met expectations, while optimism that governments will hammer out deals to avoid the worst of Donald Trump's tariff threats provided support.

Skidding Nissan to halt production at Japanese plant

Struggling auto giant Nissan said Tuesday it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year.

Ivory Coast farmers hope tech tempts jaded youth back to fields

Stopwatch in hand, dozens of Ivory Coast students raced against the clock to design robots for the farms of the future in the world's top cocoa-producing nation.

Hong Kong leader backs same-sex couples' rights bill

Hong Kong leader John Lee threw his weight behind a bill recognising limited rights for same-sex couples on Tuesday, despite fears that opposition from pro-Beijing parties could sink it.

Nvidia says it will resume sales of 'H20' AI chips to China

US tech giant Nvidia said on Tuesday it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports.

Asian markets mixed as China's economy meets forecasts

Markets were mixed Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that governments will hammer out deals to avoid the worst of Donald Trump's tariff threats provided support.

Pentagon inks contracts for Musk's xAI, competitors

The Pentagon announced contracts on Monday with multiple leading US artificial intelligence firms including Elon Musk's xAI, which has faced intense scrutiny in recent days over anti-Semitic posts by its Grok chatbot.

Tech giants scramble to meet AI's looming energy crisis

The artificial intelligence industry is scrambling to reduce its massive energy consumption through better cooling systems, more efficient computer chips, and smarter programming -- all while AI usage explodes worldwide.

Formerra to Supply Foster Medical Compounds Across the Americas

Following GEON's acquisition of Foster, LLC, this new agreement expands Formerra's healthcare polymer portfolio with life-saving medical compounds.

US House set to vote on landmark crypto bills this week

US lawmakers are on the verge of passing landmark legislation that will give the much-maligned crypto world much-wanted legitimacy, riding on President Donald Trump's recent embrace of the industry.

You're a TV star, Harry: Potter series to debut in 2027

Filming has begun on a Harry Potter TV series that will debut in 2027, bringing the Hollywood hit to the small screen for the first time.

Syrian forces advance on Sweida as Druze leader says truce talks underway

Syrian government forces were advancing towards the southern city of Sweida on Monday to quell deadly clashes between Druze fighters and Bedouin tribes, with one Druze armed group saying talks with authorities aimed at brokering a truce were underway.

The China Mail - Economy (English)