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Amazon bags $600 million Trump tariff refund: Will the e-commerce giant share the windfall with shoppers?

New Delhi, July 31 -- Amazon on Thursday said that it has received $600 million in tariff refunds after the US Supreme Court ruled that many of the import duties imposed by President Donald Trump were... Read More


Gold Prices Decline As Fed Uncertainty Weighs

India, July 31 -- Gold prices were sharply lower on Friday as Middle East worries and uncertainty over the Federal Reserve's rate path persist. Spot gold fell 1.2 percent to $4,054.86 an ounce but he... Read More


The hidden cost of digital kids - Zhang Ziyi and Mohd Istajib Mokhtar

Kuala Lampur, July 31 -- With just a single tap - and sometimes without even a password - we can summon a hot meal or a new gadget right to our doorstep. When our bank accounts are reduced to invisib... Read More


ADB Approves $200 Million Loan to Help Sri Lanka Weather Middle East Crisis

Sri Lanka, July 31 -- The Asian Development Bank (ADB) has approved a US$200 million policy-based loan to support Sri Lanka in mitigating the economic impact of the ongoing conflict in the Middle East... Read More


FIFA President Gianni Infantino's senior advisor quits as backlash grows over investment plan: 'Bad deal for football'

India, July 31 -- Carlos Cordeiro has stepped down from his position as a senior adviser to FIFA, citing his opposition to the governing body's proposed private equity initiative. The former US Soccer... Read More


RBI MPC, PMI data and corporate earnings to remain in focus

Mumbai, July 31 -- The week gone by was dominated by two defining developments: a hawkish-leaning Fed hold and a further deterioration in Hormuz supply flows. The FOMC voted 9-3 to hold the federal f... Read More


"Great breakthrough": Trump hails agreement to disarm Hamas under Gaza roadmap

Washington DC, July 31 -- US President Donald Trump on Friday hailed the Board of Peace agreement to disarm Hamas under a new Gaza roadmap as a "great breakthrough," saying the development marks a sig... Read More


INR stays in positive terrain tracking firm cues from equities

Mumbai, July 31 -- The Indian rupee remained in positive territory on Friday, gaining 15 paise to settle at 95.35 (provisional) against the US dollar, tracking foreign capital inflows and support from... Read More


Trump Announces Hamas Disarmament Deal Through Board of Peace, but Israel Skeptical and Hamas Sets Conditions

New Delhi, July 31 -- WASHINGTON - President Donald Trump announced a disarmament deal for Hamas on Thursday, describing it as a historic breakthrough in Gaza's post-ceasefire deadlock and pledging th... Read More


ExxonMobil (XOM) Posts $14.5 Billion Q2 Profit as Permian Output Hits 20-Year High

New Delhi, July 31 -- SPRING, Texas - The disruption was visible across every major energy market in the second quarter, and it barely left a mark. ExxonMobil (XOM) reported Thursday that it earned $1... Read More