BEIJING, China: The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month after an anti-subsidy probe.

TOKYO, Japan: okyo stocks trimmed early gains to end lower on Thursday as investors opted to wait and see ahead of the Bank of Japan’s policy decision.

WASHINGTON: The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.

HONG KONG: Asian traders extended a rally across world markets on Thursday as they welcomed figures showing US inflation slowed further last month, tempering concerns about the Federal Reserve’s forecast of just one interest rate cut this year.

MATSUSAKA: Far from Parisian bistros serving up Burgundy snails, one Japanese man has figured out how to farm the slimy species - a feat that has long eluded the French.

MANCHESTER: Britain’s Labor party launched a “manifesto for wealth creation” Thursday, pledging to get the economy firing again if it wins power in next month’s election after 14 years in opposition.

NEW YORK: Apple on Wednesday briefly reclaimed its berth as the world’s biggest company when measured by stock price, taking back the top position for a few hours from Microsoft.

DUBAI: Philip Morris International Inc. (PMI) (NYSE: PM) has ranked first in Forbes’ 2024 Net Zero Leaders ranking, which highlights the 100 US public companies best positioned to reduce their greenhouse gas (GHG) emissions.

KUWAIT, June 13 (KUNA) -- Minister of Finance and State Minister for Economic and Investment Affairs Dr. Anwar Al-Mudhaf discussed combating illegal financing and money laundering with visiting US congressman French Hill.