US seeks quick repairs to lift Venezuela oil output, Bloomberg News reports
1 hour(s) ago
Business
US Fed set to keep rates steady as officials defend independence
3 hour(s) ago
Business
Trump threatens Canada with 100% tariff if it completes China trade deal
3 hour(s) ago
Business
Europe, India seek closer ties with ‘mother of all deals’
25 January 2026, 01:52 AM
Eurozone business activity growth steady in January
25 January 2026, 00:58 AM
Trump sues JPMorgan, CEO for $5b over alleged debanking
25 January 2026, 00:46 AM
China tech seen as dollar hedge
25 January 2026, 00:42 AM
Oil rises nearly 3%
25 January 2026, 00:42 AM
US business activity steady in January
25 January 2026, 00:41 AM
China tech seen as dollar hedge, with focus on earnings, Fed
24 January 2026, 16:54 PM
Business
Dollar up
The US dollar rose to a near 1-week high against a basket of currencies on Wednesday, as investors’ appetite for riskier currencies faded following lacklustre corporate results that raised worries over the economic outlook, and as Treasury yields rose.
26 October 2023, 18:00 PM
US third-quarter economic growth seen fastest in nearly 2 years
The U.S. economy likely grew in the third quarter at its fastest pace of any quarter in nearly two years, again defying dire warnings of a recession, as higher wages from a tight labor market helped to power consumer spending.
26 October 2023, 06:19 AM
Visa profit beats estimates
Card giant Visa sailed past estimates for fourth-quarter profit on Tuesday as consumers on a post-pandemic travel rebound shrugged off worries of a looming economic slowdown and cost-of-living crisis.
25 October 2023, 18:00 PM
Weak euro zone lending adds to recession fears
Bank lending across the euro zone came to a near standstill last month, European Central Bank data showed on Wednesday, providing further evidence that the 20-nation bloc was skirting a recession.
25 October 2023, 18:00 PM
Israel-Hamas conflict a new cloud among many
The head of the International Monetary Fund (IMF) on Wednesday said the war between Israel and Hamas was another cloud on a horizon with plenty of them, warning that the global economic outlook could worsen.
25 October 2023, 18:00 PM
Vietnam eyes China model to seek index upgrade, boost investment
Vietnam is planning to relax its stock market settlement procedures for foreign investors, a critical measure to convince equity index managers to upgrade the country to emerging market status and attract hundreds of millions of dollars of new investment, sources said.
25 October 2023, 07:07 AM
Oil dips as economic concerns offset Middle East supply worries
Oil fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle East supply disruptions stemming from the Israel-Hamas conflict in Gaza.
25 October 2023, 06:58 AM
IMF concerned for loss of lives, economic slowdown from Mideast conflict, chief says
The Internatinal Monetary Fund (IMF) is concerned about the tragic loss of lives in the epicenter of the Israel-Gaza war and the destruction and reduction of economic activity, managing director Kristalina Georgieva said at an investment conference on Wednesday.
25 October 2023, 06:44 AM
Global industry could save $437b a year
Global industry could save around $437 billion a year from 2030 via energy efficiency savings and could also achieve big reductions in carbon emissions, a study showed.
24 October 2023, 18:00 PM
Bitcoin soars to 18-month high
Bitcoin rose 6 percent on Tuesday to $35,198, its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded bitcoin fund is imminent.
24 October 2023, 18:00 PM
UK labour market loses steam
Britain’s labour market lost a bit more of its inflationary heat in the three months to August, data from the Office for National Statistics (ONS) showed on Tuesday, potentially helping the Bank of England to keep interest rates on hold next week.
24 October 2023, 18:00 PM
Oil prices broadly stable
Oil prices were broadly stable on Tuesday following the previous session’s dip after a flurry of economic data from Germany, the wider euro zone and Britain sketched a bearish picture which could weigh on oil demand.
24 October 2023, 18:00 PM
Mideast war risks serious economic damage
The war between Israel and Hamas could deal a “serious” blow to global economic development, the president of the World Bank told an investor conference in Saudi Arabia on Tuesday.
24 October 2023, 18:00 PM
Russian and Chinese firms ink deals in various sectors
Chinese and Russian companies attending a regional conference in northeastern China signed a raft of cooperation deals on Monday in sectors ranging from manufacturing and logistics to e-commerce and agriculture, Chinese state media reported.
23 October 2023, 18:00 PM
Chinese retailers offer deep iPhone 15 discounts
Chinese e-commerce platforms including JD.com, PDD Holdings’ Pinduoduo and Alibaba’s Taobao are offering big discounts on Apple’s latest iPhone 15, with some going for up to 1,501 yuan ($205.14) below the retail price.
23 October 2023, 18:00 PM
Sri Lanka inflation eases to 0.8% in Sep
Sri Lanka’s consumer price inflation rate eased to 0.8 percent year-on-year in September from 2.1 percent in August, the statistics department said on Monday.
23 October 2023, 18:00 PM
Oil price slips
Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where diplomatic efforts are intensifying in an attempt to contain the conflict between Israel and Hamas.
23 October 2023, 18:00 PM
Asia shares slip on Middle East woes, higher yields
Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.
23 October 2023, 05:18 AM
US budget deficit widens
The US budget deficit has widened to $1.7 trillion, government data showed on Friday, in a development that could add pressure on President Joe Biden as he seeks reelection in 2024.
22 October 2023, 18:00 PM
China may further cut its US debt holdings
China may continue to cut its US debt holdings amid global worries over shrinking liquidity and safety risk of the assets and the country’s ramped-up efforts to diversify its foreign exchange reserves, experts said last week after reviewing the latest data from the US Treasury Department.
22 October 2023, 18:00 PM