’Potential crack’ in California chemical tank may prevent explosion, fire official says

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Trump talks up his ballroom plan dozens of times but plays down Americans’ economic pain

Singapore’s economy expanded faster than expected in the first quarter as the global artificial-intelligence boom lifted the nation’s manufacturing and services, offsetting the drag from higher crude prices. Gross domestic product grew a seasonally adjusted 1 per cent in the three months through Mar

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Singapore Q1 GDP growth tops estimates at 6% on AI boom

Huawei says new Kirin chip for phones overcomes US clampdown

The European Central Bank is set to lift its inflation outlook when policymakers meet next month, according to President Christine Lagarde.

Oil dropped as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed.

Asian stocks climbed and crude oil fell after US officials signaled that a deal with Iran to reopen the Strait of Hormuz and restore oil flows may be near.