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-- 2022-08-15 20:12:57
Oil prices fell by more than $4.0 a barrel on Monday on demand fears as disappointing Chinese economic data renewed global recession concerns. Brent crude futures fell $4.35, or 4.43 per cent, to $93...
-- 2022-08-15 18:46:32
Indonesia plans to hike fuel prices to control ballooning energy subsidies, media reported on Monday, citing comments from the country's energy minister. Reuters says the price hike will be complemen...
-- 2022-08-15 10:40:55
China's economy unexpectedly slowed in July, data showed on Monday, with factory and retail activity squeezed by Beijing's zero-Covid policy and a property crisis, while the central bank surprised mar...
REUTERS 2022-08-14 14:00:32
India's consumer inflation dipped to 6.71 per cent in July, easing for the third month in a row, helped by a slower increase in food and fuel prices and adding to expectations that the central b...
REUTERS 2022-08-12 15:04:25
Britain's economy contracted by less than feared in June, when public holidays had been expected to exert a big drag, although sectors most exposed to a worsening cost of living crisis, like retail an...
FE ONLINE DESK 2022-08-12 14:40:06
Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended US sales of a product that drew thousands of consume...
REUTERS 2022-08-12 12:19:31
Asian stocks were mixed and the yen fell on Friday, capping off a back-and-forth week that saw investors split on how aggressively the Federal Reserve would raise interest rates to tackle inflation....
-- 2022-08-09 14:50:16
Sri Lanka's power regulator said on Tuesday it had approved a 75 per cent hike in power tariffs, reports Reuters. "The Commission decided to approve a fair electricity tariff, taking all these...
REUTERS 2022-08-09 14:44:00
Shares edged lower and the dollar hung off recent highs on Tuesday as investors eyed US inflation data due a day later that will likely yield clues to any further aggressive Federal Reserve rate hikes...
-- 2022-08-08 16:46:30
Emerging market currencies came off session lows on Monday, as the dollar eased slightly after a strong rally spurred by rising bets of the US Federal Reserve staying aggressive with its monetary poli...
REUTERS 2022-08-08 11:52:08
Asian share markets were subdued on Monday and the dollar held firm after a stunning US payrolls report pushed back against talk of recession but also bolstered the case for more super-sized rate hike...
-- 2022-08-07 15:33:18
Russia has banned investors from so-called unfriendly countries from selling shares in key energy projects and banks until the end of the year, stepping up pressure in the sanctions stand-off with the...
-- 2022-08-07 14:57:53
China's export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a COVID-induced slump, but weakening global demand could start...
-- 2022-08-06 12:06:13
The Indian rupee is unlikely to fall significantly from current levels against the US dollar after the Reserve Bank of India on Friday opted for a 50 basis points rate hike, analysts said, Reuters rep...
-- 2022-08-06 11:12:28
Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles its worst financial crisis in its independent history....
-- 2022-08-05 17:39:05
Japan on Friday took a first step into its research for a green gross domestic product (GDP) measurement that reflects the country's progress in reducing greenhouse gas emissions in its economic growt...
-- 2022-08-05 15:09:09
The United Nations food agency's world price index declined again in July, edging further away from all-time highs hit in March. The Food and Agriculture Organization's (FAO) index, which tracks the...
REUTERS 2022-08-05 13:37:51
Asian shares gained on Friday ahead of US jobs data that will give another clue to the health of the world's largest economy as warning signs flashed in bond markets, and oil traded around its lowest...
-- 2022-08-05 12:43:49
The Reserve Bank of India's key policy repo rate was raised by 50 basis points on Friday, the third increase in as many months to cool stubbornly high inflation. With June retail inflation at 7...
REUTERS 2022-08-05 10:33:28
The Philippines' Bataan Nuclear Power Plant (BNPP) has not produced any electricity since it was finished in 1984, despite its $2.3 billion price tag and its promise of energy security during the 1970...
-- 2022-08-04 19:12:19
Ukraine needs to export some 50 million tons of grain in the 2022-2023 marketing year amid the need to store last year's crops and grain from the new harvest, an industry body said on Wednesday. ...
-- 2022-08-03 15:40:11
Sri Lanka will restart bailout talks with the International Monetary Fund (IMF) in August, its new president said on Wednesday, while calling on lawmakers to form an all-party government to resolve a...
REUTERS 2022-08-03 09:24:01
Asia-Pacific bond yields followed US Treasury yields higher on Wednesday and the dollar continued its climb after Federal Reserve officials signalled they are nowhere near done raising interest rates....
-- 2022-08-02 12:11:37
The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of millions of dollars' in Iranian oil and petrochemical products to East Asia as it seeks to raise...
-- 2022-08-01 21:09:47
The rouble bounced back from more than three-week lows against the dollar and euro in Moscow trade on Monday, supported by strong fundamentals while buffeted by lower oil prices and the end of a favou...
REUTERS 2022-08-01 11:29:01
As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting to feel financial pressure. Generation Z consumers and those with low credit scores are...
REUTERS 2022-08-01 10:22:47
Asian shares were sluggish on Monday as disappointing Chinese economic data fed doubts Wall Street's rally could be sustained, while the dollar continued its retreat on the yen as speculators were for...
REUTERS 2022-07-31 11:56:23
British businesses do not expect any growth over the next three months, as a surging cost of living squeezes consumer demand, a monthly survey showed on Sunday. The Confederation of British Industry...
-- 2022-07-31 10:35:34
Sri Lankan President Ranil Wickremesinghe said on Saturday that an agreement with the International Monetary Fund has been pushed back to September due to the unrest over the past weeks, the Associate...
REUTERS 2022-07-30 12:33:04
US stocks added to their recent rally on Friday after upbeat forecasts from Apple and Amazon.com, and the S&P 500 and Nasdaq posted their biggest monthly percentage gains since 2020. Most S&P...
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