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Business
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Business
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22 October 2025, 07:53 AM
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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
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Goldman Sachs warns of rare earth supply risks
21 October 2025, 19:06 PM
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US, Australia sign rare earths deal as Trump promises submarines
21 October 2025, 07:59 AM
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Gold's record run pauses as investors book profits
21 October 2025, 06:41 AM
Business
US service sector booms in Nov despite shortages
Business activity in the massive US services sector grew beyond expectations in November even as companies dealt with shortages and supply delays, according to an industry survey released Friday.
4 December 2021, 18:00 PM
Omicron could dent global economic growth: IMF chief
The International Monetary Fund is likely to lower its global economic growth estimates due to the new Omicron variant of the coronavirus, the global lender’s chief said at the Reuters Next conference on Friday in another sign of the turmoil unleashed by the ever-changing pandemic.
4 December 2021, 18:00 PM
Vietnam police smash $3.8b cryptocurrency ring
Vietnamese police have smashed a huge cryptocurrency ring worth around $3.8 billion, state media said Friday, as authorities battle rampant illegal gambling in the country.
4 December 2021, 18:00 PM
Sri Lanka clamps down on remitters to curb informal money transfer
Colombo threatened Thursday to freeze the bank accounts of Sri Lankans working overseas who send money back to the country using informal money changers, as depleted foreign exchange reserves drive a thriving black market for dollars.
2 December 2021, 18:00 PM
Asia’s informal workers risk losing out in green economy push
Asia’s huge pool of informal workers must not be left behind in the global push for greener economies, officials and experts said, warning of social repercussions if the transition away from fossil fuels leaves unprotected labour more vulnerable.
2 December 2021, 18:00 PM
Asian shares bounce sharply
US and European share futures jumped on Wednesday, oil rose and Asian stocks were heading for their best day in nearly two months as traders reversed course after a sharp selloff the day before took the regional benchmark to a 12-month low.
1 December 2021, 18:00 PM
Lockdowns sink Australian economy in third quarter
Pandemic-induced lockdowns caused Australia’s economy to shrink 1.9 per cent in the third quarter, a downturn that bucked the trend of a steady recovery in other wealthy nations.
1 December 2021, 18:00 PM
OECD cuts global growth forecasts
The OECD warned Wednesday that the Omicron coronavirus variant threatens the global economic recovery as it lowered the growth forecast for 2021 and appealed for a swifter rollout of Covid vaccines.
1 December 2021, 18:00 PM
Eurozone inflation soars to highest rate on record
Soaring energy prices took eurozone inflation to its highest rate on record in November, official data showed Tuesday, challenging the European Central Bank’s resistance to tightening monetary policy earlier than planned.
30 November 2021, 18:00 PM
Omicron variant raises new fears for world economy
Just as it was recovering from the body blow of the Covid-19 pandemic, the global economy has taken yet another hit from the Omicron variant of the virus, which has led to a raft of new travel restrictions.
30 November 2021, 18:00 PM
UK mortgage approvals slide to lowest since mid-2020
Mortgage approvals in Britain dropped last month to their lowest since June 2020, according to central bank data on Monday that underlined recent signs of slowing housing market activity after the end of a tax break on home purchases.
29 November 2021, 18:00 PM
Spanish inflation soars to 29-year high
Spanish inflation accelerated in November to its highest level in nearly three decades on the back of rising food and gas prices, official data showed Monday.
29 November 2021, 18:00 PM
BP plans large-scale green hydrogen project in UK
BP said on Monday it plans to set up a large-scale green hydrogen production plant in northeast England, generated with wind, water and solar energy to aid Britain’s move away from fossil fuels.
29 November 2021, 18:00 PM
Omicron threatens oil demand recovery
Asian oil refiners’ margins have slumped to the lowest in nearly five months amid worries that the Omicron coronavirus variant could deal another blow to oil demand recovery, already hit by rising Covid-19 cases in Europe.
29 November 2021, 18:00 PM
China’s Nov factory activity likely contracted at slower pace
China’s factory activity is likely to have shrunk at a slower pace in November, as supply snags and power cuts eased, a Reuters poll showed, but persistent softness in the manufacturing sector points to a further slowing of the economy.
29 November 2021, 18:00 PM
Turkey committed to rate-cutting policy: deputy minister
Turkey is determined to continue a policy of interest rate cuts, and “manipulative attacks” on the lira, which has plunged to all-time lows this week, will not leave any lasting damage, Deputy Finance Minister Nureddin Nebati said late on Thursday.
28 November 2021, 18:00 PM
Oil settles down $10/bbl in largest daily drop since April 2020
Oil prices plunged $10 a barrel on Friday, their largest one-day drop since April 2020, as a new variant of the coronavirus spooked investors and added to concerns that a supply surplus could swell in the first quarter.
28 November 2021, 18:00 PM
Germany’s energy plan to have limited impact on EU carbon prices
Germany’s new energy transition plan is unlikely to have a big impact on prices in Europe’s carbon market, analysts said on Friday, despite plans to introduce a minimum carbon price domestically.
27 November 2021, 18:00 PM
Black Friday draws shoppers but many shun stores for online
Americans returned to stores for the “Black Friday” kickoff of the holiday shopping season, but online data shows that consumers have been spending big for weeks amid worries over shortages.
27 November 2021, 18:00 PM
UK sets out plans to boost global digital trade
Improving digital trade would provide huge opportunities for British businesses and help boost economic growth, the government’s Board of Trade said, setting out how it aims to become a world leader in modern services and online goods.
27 November 2021, 18:00 PM