Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
58 MIN(s) ago
Business
US to slap full tariffs on Canada if it seals China trade deal: Treasury secretary
1 hour(s) ago
Business
Gold tops record $5,000 mark on Trump policy uncertainty
5 hour(s) ago
Business
Trump threatens 100% tariff if Canada seals China deal
26 January 2026, 01:40 AM
Global Economy
Buying houses want continuation of duty-free yarn import facility
25 January 2026, 21:06 PM
Business
EU suspends India’s GSP benefits
25 January 2026, 17:14 PM
Business
US seeks quick repairs to lift Venezuela oil output, Bloomberg News reports
25 January 2026, 13:44 PM
Business
US Fed set to keep rates steady as officials defend independence
25 January 2026, 11:46 AM
Business
Trump threatens Canada with 100% tariff if it completes China trade deal
25 January 2026, 11:42 AM
Business
Europe, India seek closer ties with ‘mother of all deals’
25 January 2026, 01:52 AM
Sri Lanka orders lending rate cap
Sri Lanka’s central bank on Thursday capped maximum lending rates after accusing commercial banks of failing to pass on benefits of a relaxed monetary policy to borrowers.
24 August 2023, 18:00 PM
Saudi Arabia may cut oil output further
Saudi Arabia will likely roll over a voluntary oil cut of 1 million barrels per day for a third consecutive month into October, five analysts said, amid uncertainty about supplies and as the kingdom targets drawing down global inventories further.
24 August 2023, 18:00 PM
Xiaomi gets nod to make EVs
Xiaomi Corp has won the approval of China’s state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step towards the smartphone maker’s goal of producing cars by early next year.
23 August 2023, 18:00 PM
Australia strikes may impact LNG prices: Shell
Global gas prices could rise in the short term if strikes at Australia’s liquefied natural gas (LNG) plants take place, but markets are well balanced now with inventory levels keeping high in North Asia and Europe, a Shell executive said on Wednesday.
23 August 2023, 18:00 PM
German business activity slumps
German business activity contracted at the fastest pace for more than three years in August, a preliminary survey showed on Wednesday.
23 August 2023, 18:00 PM
South Africa, China sign power deals
South Africa and China on Wednesday signed deals covering emissions technology, electricity transmission and distribution, and nuclear power on the sidelines of the BRICS summit.
23 August 2023, 18:00 PM
Big tech to face full force of new EU law
The world’s biggest digital companies will have nowhere to hide starting Friday, when the toughest EU rules on online content since social media first burst onto the scene enter into force.
23 August 2023, 18:00 PM
Eurozone economic downturn deepens
The eurozone economy is contracting at its fastest rate in three years as a steep decline in manufacturing begins to spread to services, a key survey said Wednesday.
23 August 2023, 18:00 PM
Pakistan rupee drops to record low
Pakistan’s rupee closed at a record low of 299 rupees against the dollar in the interbank market on Tuesday following an easing in import restrictions that has lifted demand for the dollar, central bank data showed.
22 August 2023, 18:00 PM
Dollar shine fades
The dollar eased from recent 10-weak peaks on Tuesday as global risk appetite, hurt by a jump in US government bond yields and a weakening Chinese economy, staged a rebound.
22 August 2023, 18:00 PM
India has no plan to restrict parboiled rice exports: official
India is not considering imposing any restrictions on exports of non-basmati parboiled rice, Food Secretary Sanjeev Chopra said on Tuesday.
22 August 2023, 18:00 PM
Oil steadies
Oil prices were little changed on Tuesday as investors remained downbeat on China’s economic malaise hobbling demand from the world’s top crude importer, limiting the impact of supply cuts.
22 August 2023, 18:00 PM
Settle UAE trades in rupee, dirham
India’s central bank is nudging local banks to ask their clients to settle trade between the United Arab Emirates and India using the dirham (AED) or Indian rupee (INR) to reduce US-dollar-based transactions, five sources told Reuters.
21 August 2023, 18:00 PM
German economy may stagnate again in Q3
Germany’s “lacklustre” economy will likely stagnate again in the third quarter, the Bundesbank central bank said Monday, as weak demand from abroad and high interest rates takes their toll on Europe’s industrial powerhouse.
21 August 2023, 18:00 PM
China cuts key interest rate to support economy
China’s central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world’s second-largest economy.
21 August 2023, 18:00 PM
Lankan inflation halves to 4.6%
Sri Lanka’s consumer inflation rate more than halved to 4.6 percent year-on-year in July, helped by falling food prices, the statistics department said on Monday.
21 August 2023, 18:00 PM
Rupee ends flat
The Indian rupee ended little changed after trading in a narrow band on Monday, on likely dollar-selling intervention by the central bank which helped the currency navigate the decline in its the Asian peers.
21 August 2023, 18:00 PM
Asean countries to begin talks on $2.7 trillion digital economy pact by 2023-end
Asean is intensifying its economic integration to improve cross-border trade and investment flows, including by unlocking a potential US$2 trillion (S$2.7 trillion) in its digital economy by 2030
21 August 2023, 17:26 PM
China surprises with modest rate cut amid growing yuan risks
China cut its one-year benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the five-year rate unchanged amid broader concerns about a rapidly weakening currency.
21 August 2023, 06:50 AM
Oil prices climb on expectations of lower OPEC+ exports in August
Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates.
21 August 2023, 06:40 AM