Explainer / 5 reasons rare earths are key to the US-China rivalry
22 October 2025, 10:40 AM
Business
Gold falls again as rally comes to halt, stock markets mixed
22 October 2025, 07:53 AM
Business
Trump administration plans new probe into global drug pricing, FT reports
22 October 2025, 06:51 AM
Business
US, Australia sign rare earths deal as Trump promises submarines
21 October 2025, 07:59 AM
Business
Gold's record run pauses as investors book profits
21 October 2025, 06:41 AM
Business
Trump vows to keep 'massive' tariffs on India until Russian oil imports cease
20 October 2025, 08:16 AM
Business
China's economic growth slows amid sputtering domestic demand
20 October 2025, 06:37 AM
Business
Gold gains on US rate-cut optimism
20 October 2025, 06:05 AM
Business
Gross forex reserves cross $32b after 32 months
19 October 2025, 15:44 PM
Business
Gold price makes another record
19 October 2025, 15:15 PM
Business
China's shrinking imports, slower exports growth darken economic outlook
China's imports contracted sharply in April, while exports rose at a slower pace, reinforcing signs of feeble domestic demand despite the lifting of COVID curbs and heaping pressure on an economy already struggling in the face of cooling global growth.
9 May 2023, 08:16 AM
Wheat prices down globally, rice price unchanged
Wheat and maize prices declined 11 per cent and 14 per cent, respectively, in the global markets in the past two weeks while rice prices have remained relatively unchanged, according to the World Bank's Food Security Update.
9 May 2023, 08:02 AM
US bank lending touches record as deposits fall, Fed data show
Deposits at US commercial banks fell toward the end of April to the lowest in nearly two years, data released on Friday by the Federal Reserve showed, while overall credit provided by banks moved up, led by a record level of outstanding loans and leases.
6 May 2023, 07:18 AM
Fed likely to hike rates, hint at pause in tightening cycle
The Federal Reserve is expected on Wednesday to raise interest rates and perhaps signal a pause in its 14-month tightening cycle, as policymakers balance the need to slow inflation against a pressing set of risks ranging from bank failures to the possibility of a U.S. debt default as soon as next month.
3 May 2023, 08:13 AM
First Republic Bank auction underway
US regulators are trying to clinch a sale of First Republic Bank (FRC.N) over the weekend, with roughly half a dozen banks bidding, sources said on Saturday, in what is likely to be the third major US bank to fail in two months.
30 April 2023, 05:57 AM
China's exports see surprise surge on EV boom
China's exports unexpectedly surged for March, driven by strong shipments of solar products, new-energy vehicles and lithium batteries and as supply chain conditions continued to improve from their Covid paralysis..Meanwhile, imports fell less than expected, with economists pointing to an
13 April 2023, 05:53 AM
Bank deposits edge up after record outflows, Fed data shows
Deposits at US commercial banks rose near the end of March for the first time in about a month, showing signs of stabilizing after the two largest bank failures since the financial crisis rocked the banking system and rattled depositors.
8 April 2023, 06:32 AM
Oil lower as dollar firms; market eyes Iraq exports
Oil prices fell on Thursday as the dollar strengthened, with investors keeping close tabs on developments related to the reduction of Iraqi Kurdistan oil exports.
30 March 2023, 05:50 AM
Oil prices soften; banking crisis and Chinese demand in focus
Crude prices retreated on Tuesday after rallying the previous session, with markets focused on developments in the banking crisis and indications of strengthening demand in China.
28 March 2023, 07:05 AM
First Citizens agrees to buy Silicon Valley Bank
First Citizens BancShares Inc (FCNCA.O) said on Monday it will acquire Silicon Valley Bank's (SIVB.O) deposits and loans as well as certain other assets from the Federal Deposit Insurance Corporation (FDIC).
27 March 2023, 06:50 AM
Dollar steady as banking crisis fears keep investors jittery
The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.
27 March 2023, 05:56 AM
Factbox: The biggest financial crises of the last four decades
Markets have experienced massive upheaval in the last month, prompted in part by two of the three largest banking failures in US history while Swiss lender Credit Suisse was bought by rival UBS Group AG (UBSG.S) in a merger engineered by Swiss regulators.
26 March 2023, 07:32 AM
Valley National bidding for Silicon Valley Bank, Bloomberg reports
Valley National Bancorp (VLY.O) is vying to buy Silicon Valley Bank (SIVB.O), Bloomberg News reported on Saturday.
26 March 2023, 05:35 AM
Russians reluctantly embrace Chinese cars after Western brands depart
As the exodus of Western carmakers narrows options for Russian consumers, Chinese automakers are filling the gap, forcing Russians to overcome their reluctance to embrace Chinese brands and stomach higher prices.
25 March 2023, 08:37 AM
Explainer: What are AT1 bonds and why are Credit Suisse's wiped out?
Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse bonds, known as Additional Tier 1 or AT1 debt, to zero as part of a forced rescue merger with UBS (UBSG.S).
25 March 2023, 08:09 AM
Amazon, other retailers revamp 'free' shipping as costs soar
There is no such thing as free shipping. Even so, Amazon.com Inc (AMZN.O) and other online retailers who use so-called free delivery to cultivate customer loyalty are scrambling to keep it from draining profits as costs climb and e-commerce contracts.
25 March 2023, 05:46 AM
Germany's Deutsche Bank tumbles as jittery investors seek safer shores
Shares of Germany's largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the worst shock to the sector since the 2008 global financial crisis.
25 March 2023, 05:18 AM
Dollar slips as Fed outlook shifts
The dollar was under pressure near seven-week lows on Thursday after the US Federal Reserve sounded close to calling time on interest rate hikes, which markets think are more or less over.
23 March 2023, 06:37 AM
Relief over Credit Suisse deal crumbles as focus shifts to bond risks
Banking stocks tumbled on Monday as initial relief over a historic state-backed rescue of troubled lender Credit Suisse by Swiss rival UBS Group gave way to new worries about the risks of high-yield debt issued by big banks.
20 March 2023, 07:06 AM
Analysis: UBS swallows Credit Suisse, casting shadow over Switzerland
UBS Group (UBSG.S) emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that makes the Swiss economy more dependent on a single lender.
20 March 2023, 06:20 AM