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October 29, 2025 11:19 PM

Looming Trump-Xi meeting revives hope of US-China trade truce

As U.S. President Donald Trump and China's leader Xi Jinping prepare to kick off talks on Thursday, U.S. negotiators have signaled they seek a return to a fragile trade war truce, but tensions remain high and longer-term economic irritants will likel...

October 29, 2025 7:49 PM

Saudi economy minister forecasts 2025 real GDP growth at 5.1%

Saudi Arabia's economy minister forecast real GDP growth of 5.1% for 2025, supported by the non-oil sector, as the kingdom accelerates efforts to diversify away from oil. "We forecast to close the year...in terms of total real GDP growth at around 5...

October 29, 2025 11:11 PM

Malaysia bets on mix of solar and gas as it shifts away from coal

Malaysia will focus on a mix of solar and gas-fired power generation as it shifts away from coal, the chief executive of state utility Tenaga Nasional (TNB) said on Wednesday, adding that the renewable source would help keep costs down. The Southeas...

October 29, 2025 11:11 PM

Putin says Russia tested Poseidon nuclear-capable super torpedo

Russian President Vladimir Putin said on Wednesday that Russia had tested a Poseidon nuclear-powered super autonomous torpedo and that it had been a great success. There are few confirmed details about the Poseidon in the public domain but it is ess...

October 29, 2025 7:18 PM

Boeing takes near $5 billion hit on much-delayed 777X program

Boeing pushed the first delivery of its long-delayed 777X jet program out to 2027 and took a nearly $5 billion charge due to the delays, in another series of setbacks for the aerospace giant. The 777X was central to Boeing’s long-term widebody str...

October 29, 2025 4:56 PM

Trump announces trade breakthrough with South Korea on Asia trip

Donald Trump and South Korean President Lee Jae Myung finalised details of their fraught trade deal at a summit in South Korea on Wednesday, and the U.S. president also sounded an optimistic note about a looming summit with China's Xi Jinping. “We...

Last updated on: 3rd July 2026

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