US oil prices hit highest since 2014, but analysts warn of overheated marketSINGAPORE: US oil prices hit their highest since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating. A...
CES tech show stuffed with gadgets we don’t need — or do we?LAS VEGAS: Today's vision of a smart home has more to do with what's technologically possible than what people really need. Thus the endless parade of internet-connected wine openers, water bottles, m...
China factory gate inflation slows to 13-month lowChina's factory inflation slowed to a 13-month low in December, official data showed Wednesday, a sign of continued fragility in the world's second-largest economy. The producer price index (PPI) -- a...
With pricey electric car, Fisker eyes comebackHenrik Fisker unveiled his $129,000 electric luxury car Tuesday, in a rebooted effort by the renowned auto designer to take on Tesla and others. The Fisker EMotion, which made its debut at the Consume...
Most Asia markets down after New Year rally but HK runs onThe rally across Asia that welcomed in 2018 looked to have run out of steam on Wednesday with most markets slipping into the red on profit-taking, but Hong Kong rose for a 12th day as energy shares cl...
Hyundai Motor considering plant in Southeast Asia after China setbackSEOUL: South Korea’s Hyundai Motor said it is considering building a car plant in Southeast Asia with Indonesia and Vietnam possible locations - part of efforts to diversify after a sales slump in Chi...
China orders 184 Airbus A320 planes: FranceChina has ordered 184 Airbus A320 planes to be delivered to 13 airlines, French officials said Wednesday as President Emmanuel Macron wrapped up a state visit to the country. The value of the deal was...