China issues new rare earth export licences
2 December 2025, 18:00 PM
Business
Govt to buy another 2.20 lakh tonnes of US wheat
2 December 2025, 14:24 PM
Business
US to zero out tariffs on UK pharma under trade deal
2 December 2025, 07:12 AM
Business
Gold prices ease on firmer Treasury yields
2 December 2025, 06:12 AM
Business
China floods the world with gasoline cars it can't sell at home
2 December 2025, 06:08 AM
Business
Transhipment truck finally leaves for Bhutan through Burimari
1 December 2025, 15:15 PM
Business
Remittance jumps 31% in November
1 December 2025, 12:39 PM
Business
Taiwan seeks tariffs cut to 15% in US trade deal
1 December 2025, 07:21 AM
Business
Gold climbs to six-week high on risk-off sentiment in equities
1 December 2025, 06:28 AM
Business
Asia's factories stumble as US trade deals fail to revive demand
1 December 2025, 06:11 AM
Business
China's biggest state banks cut deposit rates
Industrial and Commercial Bank of China Ltd (601398.SS), Agricultural Bank of China Ltd (601288.SS), Bank of China Ltd (601988.SS) and China Construction Bank Corp (601939.SS) all cut their rates from Thursday, websites from each bank showed.
8 June 2023, 05:32 AM
Exclusive: China's state banks told to lower cap on dollar deposit rates -sources
In a rare attempt to bolster China's yuan, a self-regulatory body overseen by the country's central bank has told major state-owned banks to lower dollar deposit interest rates, four people with direct knowledge of the matter said.
7 June 2023, 09:47 AM
Oil extends losses as economic slowdown concerns return
Oil fell for a second day on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi Arabia's surprise weekend pledge to deepen output cuts.
7 June 2023, 08:01 AM
Oil falls as global backdrop outweighs Saudi output cut
Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed supply worries raised when Saudi Arabia announced its biggest output cut in years.
6 June 2023, 06:33 AM
Dollar bears bide their time as US economic strength persists
The dollar is up 2.5 per cent from its recent low against a basket of currencies and stands near its highest level since March.
5 June 2023, 06:25 AM
Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024
Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices.
5 June 2023, 05:58 AM
Biden signs debt limit bill, avoiding US default
President Joe Biden on Saturday signed a bill that suspends the US government's $31.4 trillion debt ceiling, averting what would have been a first-ever default with just two days to spare.
4 June 2023, 09:39 AM
Sugar prices to further spike due to reduced sugar production in India
Sugar prices across the world could soar further due to a decline in production in India – the commodity's largest producer – and export restrictions imposed by the government
16 May 2023, 11:26 AM
Oil falls on higher US oil stocks, inflation data in focus
Oil prices dipped on Wednesday, stalling a three-day rally, as an unexpected rise in US oil inventories sparked demand concerns, while investors awaited US inflation data to gauge the next rate decision in the top oil consuming nation.
10 May 2023, 06:36 AM
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