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Global Economy
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Global Economy
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27 January 2026, 19:37 PM
Business
Hybrid cars top choice for consumers in Europe in 2025: data
27 January 2026, 16:55 PM
Business
EU, India successfully conclude major trade deal
27 January 2026, 12:08 PM
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27 January 2026, 09:42 AM
Global Economy
Saudi maintains supply to Asia despite Opec+ cuts
State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North Asian buyers despite its pledge to cut output by 500,000 barrels per day, several sources with knowledge of the matter said on Monday.
10 April 2023, 18:00 PM
Indian sugar prices climb
Sugar prices in India have climbed more than 6% in two weeks and are likely to rise further as production is set to fall and demand from bulk consumers to strengthen during the peak summer season, industry officials told Reuters.
10 April 2023, 18:00 PM
Indonesia to propose limited FTA with US
Indonesia will propose a free trade agreement for some minerals shipped to the United States so that companies in the electric vehicle battery supply chain operating in the country can benefit from US tax credits, a senior minister said on Monday.
10 April 2023, 18:00 PM
Gold price slides 1% in global market
Gold prices fell as much as 1 per cent to slip below $2,000 on Monday, after US employment data pointed to a tight labour market, raising expectations of another rate hike by the Federal Reserve in May.
10 April 2023, 18:00 PM
Oil steadies
Oil steadied on Monday, after rising for three straight weeks, as looming supply cuts from Saudi Arabia and other Opec+ producers balanced concern about weakening global growth that may dampen fuel demand.
10 April 2023, 18:00 PM
Debt crunch looms for weaker economies
A combination of sticky high interest rates and lacklustre global growth could push a number of emerging economies that are facing soaring refinancing needs into debt difficulties next year.
10 April 2023, 18:00 PM
Singapore adds more billionaires to Forbes’ richest list
Li Xiting, founder and chairman of Shenzhen Mindray Bio-Medical Electronics, a global provider of medical devices based in China, has again topped Forbes’ list of billionaires in Singapore.
9 April 2023, 18:00 PM
Demand rises in China’s bulk commodity market
China’s bulk commodity market saw improving fundamentals in March with a marked increase in sales as demand rebounded, industrial data showed.
9 April 2023, 18:00 PM
World Bank could lend $50b more over decade with reform: Yellen
The World Bank’s ongoing reform could result in a $50 billion lending boost over the next decade, Treasury Secretary Janet Yellen told AFP ahead of stakeholders’ meetings next week where key changes are expected to be announced.
8 April 2023, 18:00 PM
Yellen downplays US recession fears
US Treasury Secretary Janet Yellen expects the world’s biggest economy will continue to grow, despite heightened recession concerns following recent turmoil in the banking sector.
8 April 2023, 18:00 PM
World food prices down by a fifth on 2022: UN
World food prices are still high but have fallen by a fifth compared to a year ago when prices soared to a monthly record high after Russia invaded agricultural powerhouse Ukraine, UN data showed on Friday.
8 April 2023, 18:00 PM
Emirates to offer daily flights to Toronto via Dubai
Emirates is stepping up its frequency with two additional flights per week between Dubai and Toronto after an expanded air transport agreement between the United Arab Emirates (UAE) and Canada.
8 April 2023, 18:00 PM
Rouble hits 12-month low against dollar
The Russian rouble on Friday fell to its lowest rate against the dollar in a year, dipping to 82 rubles to the US unit on the Moscow Stock Exchange (MOEX).
8 April 2023, 18:00 PM
Saudi Arabia raises crude prices for Asia
Saudi Arabia, the world’s top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month.
6 April 2023, 18:00 PM
China services activity jumps on new orders
China’s services activity in March revved up at the quickest pace in 2-1/2 years on robust new orders and job creation and a consumption-led post-Covid recovery, a private-sector survey showed on Thursday.
6 April 2023, 18:00 PM
Russian oil gets backdoor entry into Europe via India
Record high imports of crude oil from Russia in fiscal 2022-23 helped India’s refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortexa showed.
6 April 2023, 18:00 PM
Global economy set for weakest growth since 1990, IMF chief warns
The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to remain at around 3% for the next five years, Managing Director Kristalina Georgieva said on Thursday, flagging increased downside risks
6 April 2023, 16:00 PM
India’s power output surges
India’s power generation grew at the fastest pace in over three decades in the just-ended fiscal year, a Reuters analysis of government data showed, fuelling a sharp surge in emissions as output from both coal-fired and renewable plants hit records.
5 April 2023, 18:00 PM
Bangladesh yet to utilise Japan’s China Plus One policy
In 2008, the Japanese government announced the “China Plus One” policy, focusing on relocating its sunset industries from China to other countries.
5 April 2023, 02:30 AM
Oil posts gains
Oil prices rose on Tuesday after Opec+ plans to cut more production jolted markets the previous day, with investors’ attention shifting to demand trends and the impact of higher prices on the global economy.
4 April 2023, 18:00 PM