China, US to hold trade talks in Malaysia in coming days
23 October 2025, 07:34 AM
News
India poised to sharply cut Russian oil purchases after sanctions, sources say
23 October 2025, 06:50 AM
Business
Australia-US deal to challenge China rare earths reign: mining boss
22 October 2025, 18:48 PM
Business
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-Aussie critical minerals pact is worthy stretch
21 October 2025, 19:06 PM
Business
Goldman Sachs warns of rare earth supply risks
21 October 2025, 19:06 PM
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
Japan closer to yen intervention
Japan’s government and central bank said on Friday they were concerned by recent sharp falls in the yen in a rare joint statement, the strongest warning to date that Tokyo could intervene to support the currency as it plumbs 20-year lows.
11 June 2022, 18:00 PM
US inflation skyrockets
US inflation surged to a new four-decade high in May, defying hopes that price pressures had peaked and deepening President Joe Biden’s political troubles as Americans struggle to meet the cost of essentials like food and gas.
11 June 2022, 18:00 PM
Biden chides oil firms for fattening profits
US President Joe Biden on Friday accused the US oil industry, and Exxon Mobil Corp in particular, of capitalizing on a supply shortage to fatten profits after a report showed inflation surging to a new 40-year record.
11 June 2022, 18:00 PM
Russia's 15 years of economic gains might be gone
Russia's economy will shrink 15 percent this year and three percent in 2023 as the hit from Western sanctions, an exodus of companies, a Russian "brain-drain" and collapse in exports wipe out 15 years of economic gains, a global banking industry lobby group said.
9 June 2022, 03:46 AM
German industrial output bounces back
German factory output increased modestly in April, figures published Wednesday showed, as industry in Europe’s largest economy reckoned with the impact of the war in Ukraine.
8 June 2022, 18:00 PM
Oil prices advance
Oil prices rose on Wednesday, despite a likely rise in US oil stocks, on the easing of Chinese Covid-19 related lockdowns and a possible strike by Norwegian oil workers.
8 June 2022, 18:00 PM
Indonesians pay price of cooking oil crisis
About three weeks after Russian troops invaded Ukraine, Indonesian housewife Liesye Setiana was forced to close her banana chip business as cooking oil supplies dried up across the country.
8 June 2022, 18:00 PM
South African economy grows to pre-Covid levels
South Africa’s gross domestic product grew by 1.9 per cent in the first quarter, returning the continent’s most industrialised economy to pre-pandemic levels, official data showed Tuesday.
8 June 2022, 18:00 PM
US launches plan to bring back foreign tourists
In an effort to win back billions of dollars in tourism revenue lost during the Covid-19 pandemic, the US government on Monday launched a plan to attract 90 million international travelers a year.
7 June 2022, 18:00 PM
World Bank slashes global growth forecast
The World Bank on Tuesday slashed its global growth forecast by 1.2 percentage points to 2.9 per cent for 2022, warning that Russia’s invasion of Ukraine has compounded the damage from the Covid-19 pandemic, with many countries likely to face recession.
7 June 2022, 18:00 PM
Japan to open to tourists after two years
Foreign tourists visiting Japan will be required to wear masks, take out private medical insurance and be chaperoned throughout their stay, the government said on Tuesday, as it plans a gradual opening from two years of Covid-19 restrictions.
7 June 2022, 18:00 PM
Russia calls for coordinated BRICS action
Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to coordinate measures to stabilise the economic situation, Russian Finance Minister Anton Siluanov said on Monday.
7 June 2022, 18:00 PM
Rouble steadies near 61 vs dollar
The Russian rouble steadied against the dollar on Tuesday as market players gauged the impact of the latest round of Western sanctions against Moscow and investor focus turned to an expected central bank rate cut later in the week.
7 June 2022, 18:00 PM
Accusation of material breach: Musk threatens to tear up $44b Twitter deal
Elon Musk warned Twitter Inc on Monday that he might walk away from his $44 billion deal to acquire the social media company if it fails to provide the data on spam and fake accounts that he seeks.
7 June 2022, 18:00 PM
German industrial orders fall again
German industrial orders fell for the third month in a row in April, official data published Tuesday showed, as Russia’s war in Ukraine dampened the outlook for Europe’s largest economy.
7 June 2022, 18:00 PM
Wheat trucks held up in Indian ports
Hundreds of trucks carrying wheat to Bangladesh have been held up at different land ports in West Bengal for at least three weeks.
7 June 2022, 18:00 PM
Sri Lanka seeks $6b from IMF
Cash-strapped Sri Lanka on Tuesday asked the International Monetary Fund to arrange a creditor meeting for $6 billion in loans to help keep the country afloat during its unprecedented economic crisis.
7 June 2022, 18:00 PM
World Bank warns of weak growth as it lowers forecast to 2.9%
The World Bank on Tuesday (June 7) slashed its global growth forecast by nearly a third to 2.9 per cent for 2022, warning that Russia's invasion of Ukraine has compounded the damage from the Covid-19 pandemic, and many countries now faced recession.
7 June 2022, 16:30 PM
Global stocks, oil prices rise on China boost
Global stock markets and oil prices advanced Monday, helped by an easing of Covid lockdowns in the world’s second biggest economy China.
6 June 2022, 18:00 PM
Rouble eases towards 62 against dollar
The Russian rouble weakened towards 62 against the dollar on Monday, steered by internal market flows and capital controls, while stock indexes extended losses after the latest Western sanctions.
6 June 2022, 18:00 PM