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Meta AI glasses hype fades as Ray-Ban maker shares slip

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PARIS, April 23 — Shares in EssilorLuxottica, the world’s top maker of eyeglasses, slid on Thursday as analysts said investors have turned wary of AI glasses. The French-Italian company has […]

Europe’s top court rules against Lufthansa’s €6b Covid-era bailout approval 

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LUXEMBOURG, April 23 — The European Court of Justice has sided with rival airlines in a dispute over state aid to Lufthansa, confirming the annulment of a €6 billion (US$7 […]

Tesla eyes AI, robot future with US$25b spend as Q1 profits rise

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NEW YORK, April 23 — Tesla reported higher first-quarter profits Wednesday, topping expectations as it confirmed plans for massive additional investments in autonomous transport, humanoid robotics and artificial intelligence. Elon […]

‘American customers have vanished’: China exporters feel pain of US trade war

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GUANGZHOU, April 23 — Labourers sweated as they wheeled bags of clothes, shoes and accessories to a sprawling wholesale market in southern China, where shop owners hoped an upcoming visit […]

AI chip exports lift South Korea GDP, shrugging off Middle East tensions

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SEOUL, April 23 — Soaring semiconductor demand has driven South Korea’s economy to its fastest growth in over five years, quarterly data from the central bank showed Thursday, as the […]

Ceasefire lift: Bursa Malaysia opens higher as banks lead on Trump’s truce extension

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KUALA LUMPUR, April 23 — Bursa Malaysia opened higher on Thursday, buoyed by improved sentiment after US President Donald Trump extended the West Asia ceasefire, with gains led by banking […]

Crude surges past US$100 as Hormuz standoff drags on

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TOKYO April 23 — Oil prices jumped 4 per cent Thursday after Iran vowed not to reopen the Strait of Hormuz so long as a US naval blockade remained in […]

Ringgit dips near RM3.96 against greenback as US–Iran tensions cloud outlook

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KUALA LUMPUR, April 23 — The ringgit opened lower against the US dollar on Thursday, weighed by cautious sentiment as traders awaited clearer outcomes from ongoing United States-Iran negotiations. At […]

Investors wait for clarification about Tesla spending binge ahead of earnings

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NEW YORK, April 22 — Questions about Tesla’s progress towards achieving fully autonomous driving at scale are expected to figure prominently when the company reports results today. When last releasing […]

Oil prices rise despite US-Iran ceasefire extension

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LONDON, April 22 — Oil prices edged higher today while Europe’s main stock markets eased on uncertainty surrounding the prospect of resumed Mideast peace talks following an extension to the […]

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