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FE ONLINE DESK 2023-02-07 14:08:37
Adani group shares surged on Tuesday, a day after it moved to prepay some loans, in a relief rally for the Indian conglomerate that lost more than $113 billion in market value in two weeks since...
-- 2023-02-06 20:01:41
Taiwan's exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the Covid situation in China impacting tech demand,...
FE ONLINE DESK 2023-02-06 11:37:58
The sell-off in India's Adani Group's seven listed companies, where more than $110 billion in market value has already evaporated, continued on Monday as a U...
-- 2023-02-04 20:01:39
Sri Lanka is successfully completing pre-requisites to unlock a $2.9 billion bailout from the International Monetary Fund (IMF) and expects consent from the global lender without delay, President Rani...
-- 2023-02-03 21:14:20
The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by 592 million US dollars. During the week ending on Jan. 27, the total foreign exchange reserves of the Pakistani ce...
-- 2023-02-03 21:06:39
Visiting European Commission President Ursula von der Leyen has said that the European Union (EU) will impose new sanctions on Russia by Feb. 24, the first anniversary of the Russia-Ukraine conflict....
-- 2023-02-03 17:06:10
World food prices fell in January for a 10th consecutive month, and are now down some 18 per cent from a record high hit last March following Russia's invasion of Ukraine, the United Nations food ag...
-- 2023-02-03 14:51:24
Shares of India's Adani Group companies fell sharply on Friday as ripples from a market rout disrupted parliament for a second day, fanning fears of systemic risk after a critical research report by a...
-- 2023-02-03 11:48:20
Apple on Thursday forecast that revenue would fall for a second quarter in a row but that iPhone sales were likely to improve as production had returned to normal in China after Covid-related shutdown...
-- 2023-02-02 20:58:38
European Union regulators have launched a new reference price for liquefied natural gas (LNG), as part of plans to cap benchmark gas prices if they surge like they did last year after Russia curbed su...
-- 2023-02-02 12:51:17
MetLife reported a 33 per cent drop in fourth-quarter adjusted profit on Wednesday as a global market rout hurt the US insurer's investment returns, reports Reuters. Lower private equity returns...
-- 2023-02-02 10:57:11
FedEx Corp on Wednesday said it would cut its officer and director ranks by more than 10 per cent as part of a broad cost-reduction effort that has reduced staffing at the delivery giant by 12,00...
-- 2023-02-01 17:39:47
Thailand's economy could grow as much as 4.0 per cent this year, which would be the fastest rate in five years, bolstered by a rebound in the tourism sector and increased domestic consumption, a deput...
-- 2023-02-01 13:23:46
Intel said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals an...
Reuters 2023-02-01 12:46:08
South Korea's economy inched toward its first recession in three years as data on Wednesday showed its January trade deficit soared to a record thanks to a plunge in exports caused by a combination of...
-- 2023-02-01 11:56:49
Most Adani Group stocks dropped on Wednesday, extending losses to $72 billion after a short-seller report criticised the conglomerate and despite the group completing a closely watched share sale a da...
-- 2023-01-31 17:26:00
India on Tuesday forecast its economy would grow 6.0 per cent to 6.8 per cent in the coming financial year, slower than the projected pace for 2022/23 because of likely damage to exports from a global...
FE ONLINE DESK 2023-01-31 12:09:07
India's Adani Enterprises climbed 2 per cent in early trade on Tuesday, the last day for its $2.5 billion secondary share sale, with all eyes on whether the company can secure enough backin...
FE ONLINE DESK 2023-01-31 10:43:04
China's new foreign minister Qin Gang wants to build stronger ties with Saudi Arabia and set up a China-Gulf free trade zone "as soon as possible", according to a ministry statement published la...
FE ONLINE DESK 2023-01-31 10:20:30
India's Adani Group is planning to hire one of the "big six" accounting firms to assess its corporate governance and audit practices following allegations of fraud by short-selling firm Hindenburg, Re...
-- 2023-01-30 19:59:57
China’s government on Monday criticised US controls on technology exports as a trade violation, after Japan and the Netherlands agreed to join Washington in limiting Beijing’s access to ma...
FE ONLINE DESK 2023-01-30 15:00:06
India's Adani Group has said a US short-seller's report on the business house was a "calculated attack" on the country and its institutions while a senior executive has compared a rout of its st...
-- 2023-01-30 13:10:48
Most Adani group shares extended their sharp falls to Monday as a detailed rebuttal of a US short-seller's criticisms by the Indian conglomerate failed to pacify investors whose market losses ha...
-- 2023-01-30 10:06:33
India's Adani Group issued a detailed response on Sunday to a Hindenburg Research report that sparked a $48 billion rout in its stocks, saying it complies with all local laws and had made necess...
-- 2023-01-28 20:11:16
Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday. "From 2024, we will take this economy to positive growth....
-- 2023-01-28 13:00:01
Intel saw about $8 billion wiped off its market value on Friday after the US chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a slump in the personal-computer marke...
-- 2023-01-27 22:14:04
The Pakistani rupee's two-day decline slowed on Friday on news that an IMF team was visiting Islamabad next week to discuss unlocking a suspended bailout package, though the currency still closed at a...
-- 2023-01-27 16:24:41
The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by 923 million US dollars last week. During the week ending on Jan. 20, the total foreign exchange reserves of the Pa...
-- 2023-01-27 13:05:18
Visa's revenue growth continued to wind back to pre-pandemic levels in the first quarter as the post-lockdown travel craze ebbed and consumer spending slowed in a tough economy. The world's largest p...
FE ONLINE DESK 2023-01-27 13:03:39
The Pakistani rupee showed signs of steadying on Friday after steep decline over the previous two days, with hopes raised by an International Monetary Fund team visiting Islamabad in coming days...
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