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Stocks stable after tariff-fuelled selloff but uncertainty boosts gold
21 January 2026, 12:29 PM
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China can't make consumers buy goods, so it leans on services to drive economy
21 January 2026, 12:26 PM
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Shipbuilding industry defaulters to get special rescheduling facility
20 January 2026, 19:51 PM
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Gold blazes trail beyond $4,700/oz to record high as safety rush fuels demand
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Bitcoin falls 5.71pc to $35,210 Reuters
Bitcoin dropped 5.71 per cent to $35,210 at 0600 GMT on Saturday, losing $2,131.11 from its previous close.
13 June 2021, 18:00 PM
G7 agrees to end new govt support for coal power by end of 2021
The Group of Seven nations on Sunday pledged to rapidly scale up technologies and policies that accelerate the transition away from unabated coal capacity, including ending new government support for coal power by the end of this year.
13 June 2021, 18:00 PM
Oil hits multi-year highs in third weekly gain on demand recovery
Oil prices reached fresh multi-year highs on Friday, closing out a third straight week of gains on an improved outlook for worldwide demand as rising Covid-19 vaccination rates help lift pandemic curbs.
13 June 2021, 18:00 PM
G7 pledges cooperation on carbon leakage as EU border tariff looms
The Group of Seven leaders on Sunday pledged to work together to tackle carbon leakage, weeks before the European Union is due to propose a world-first plan to impose CO2 emission costs on imports of certain polluting goods.
13 June 2021, 18:00 PM
Germany prepares for hydrogen accord with Australia
Germany on Sunday said it has taken steps towards a bilateral alliance on hydrogen production and trade with Australia to try and facilitate a renewable energy-based hydrogen supply chain between the countries.
13 June 2021, 18:00 PM
Tax or no tax, UAE aims to remain magnet for investors
Tax advantages paired with a life of luxury have long drawn foreigners and multinationals to the UAE, which is aiming to remain attractive whether or not it signs up to a global tax initiative.
13 June 2021, 18:00 PM
Fed expected to stand its ground despite rising inflation
Even in the face of rising inflation, the lackluster progress on restoring jobs lost during the pandemic means the US Federal Reserve is unlikely to budge on monetary policy when it meets next week.
13 June 2021, 18:00 PM
Push to end pandemic benefits may not be panacea for US labour shortage
The 25 US states calling an early halt to pandemic-related federal unemployment benefits have recovered more of the jobs lost during the crisis than other states, possibly limiting how much of a dent ending the weekly $300 payments will make in the national battle to fill record job vacancies.
12 June 2021, 18:00 PM
US Trade Representative Tai to hold talks in Britain next week
US Trade Representative Katherine Tai will travel to Britain on Wednesday and hold talks with British trade minister Elizabeth Truss after participating in a US-European Union summit and holding several bilateral meetings, her office said.
12 June 2021, 18:00 PM
G7 leaders will endorse 15pc global minimum corporate tax
G7 leaders meeting in Britain will endorse US President Joe Biden’s proposal for global minimum tax of at least 15 per cent on corporations, White House national security adviser Jake Sullivan said on Twitter on Friday.
12 June 2021, 18:00 PM
Foreign firms shocked by China’s anti-sanctions law
China’s quick rollout of a law against foreign sanctions has left European and American companies shocked and facing “irreconcilable” compliance issues, two top business groups said Friday, despite Beijing saying the move would unlikely impact investment.
12 June 2021, 18:00 PM
Biden considers giving refiners relief from US biofuel laws
President Joe Biden’s administration, under pressure from labor unions and US senators including from his home state of Delaware, is considering ways to provide relief to US oil refiners from biofuel blending mandates, three sources familiar with the matter said.
12 June 2021, 18:00 PM
Fed meeting looms for stocks as inflation worries collide with ‘Goldilocks’ markets
Investors will be zeroing in on the Federal Reserves monetary policy meeting next week as a “Goldilocks” market environment that has helped lift stocks to record highs and tamed a bond selloff is tested by rising inflation.
12 June 2021, 18:00 PM
G7 leaders agreed to keep the money taps open
Leaders of the Group of Seven rich nations were in broad agreement about the need to continue supporting their economies with fiscal stimulus after the ravages of the Covid-19 pandemic, a source familiar with the discussions said on Friday.
12 June 2021, 18:00 PM
US regulators urge financial firms to quickly ditch Libor rate benchmarks
US financial regulators urged market participants on Friday to accelerate their efforts to detach financial products from Libor interest rate benchmarks, while casting doubt on new benchmarks built to compete with their preferred replacement.
12 June 2021, 18:00 PM
New AMD for Shun Shing Group Hong Kong
Seven Rings Cement’s mother organisation Shun Shing Group Hong Kong recently witnessed the appointment of a new additional managing director (AMD) for its Bangladesh operation.
12 June 2021, 18:00 PM
Indian airline IndiGo reports fifth straight quarterly loss
Interglobe Aviation Ltd, which runs India’s biggest airline IndiGo, reported its fifth straight quarterly loss on Saturday, as the Covid-19 pandemic kept air travel well below normal levels.
6 June 2021, 18:00 PM
Reckitt to sell China baby formula business for $2.2b
British consumer goods maker Reckitt Benckiser Group Plc said on Saturday it was selling its infant formula and child nutrition (IFCN) business in China to investment firm Primavera Capital Group for an enterprise value of $2.2 billion.
6 June 2021, 18:00 PM
Biden rejects new Republican infrastructure offer
President Joe Biden and Republicans entered the weekend sharply at odds over how to craft an infrastructure deal that could satisfy their camps, imperiling the odds of a bipartisan deal.
6 June 2021, 18:00 PM
Airlines press US on refusal to lift Covid-19 travel restrictions
Major airlines are pressing the United States government on its decision not to move quickly to relax Covid-19 restrictions that block travelers who have been in much of Europe and elsewhere even as other countries began to ease prohibitions.
5 June 2021, 18:00 PM