Yen records biggest weekly drop in over two months
Reuters
20 MIN(s) ago Global Economy
Gold edges up
Reuters
18 MIN(s) ago Global Economy
Oil falls as China pushes to end US-Iran war
Reuters, Houston
18 MIN(s) ago Global Economy
South Korean chipmakers seal $950b US deals
AFP, Seoul
18 MIN(s) ago Global Economy
India’s surging refined product exports ease Asia fuel crisis
REUTERS, Launceston
24 July 2026, 00:00 AM Global Economy
Oil prices rise for a fifth day, hit $96.49
REUTERS
24 July 2026, 00:00 AM Global Economy

Bank of Japan hints at near-term rate hike, pushing yields higher

Ueda said the central bank could "respond with monetary policy" if currency moves significantly drive inflation and wages, suggesting sharp yen falls could affect the timing of the next rate hike
7 April 2024, 10:53 AM

Elon Musk bets big on Tesla, not cars

Hopes of keeping the crown have rested on a long-promised $25,000 model. If the project gets scrapped, as Reuters reported on Friday, boss Elon Musk has one remaining advantage: using Tesla’s data trove to develop self-driving technology
7 April 2024, 05:59 AM

World food prices rise for first time in 7 months: FAO

Global food prices rose in March, the first increase since July, pulled higher by cooking oil prices despite the cost of grains continuing to ease, the UN's Food and Agricultural Organization said Friday
6 April 2024, 10:10 AM

AI might rewrite Samsung's memory chip past

Samsung, which generates the bulk of its operating profit from semiconductors, is forecast to more than double earnings this year, per analysts' estimates gathered by LSEG
6 April 2024, 08:48 AM

Tesla scraps low-cost car plans amid fierce Chinese EV competition

Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters
6 April 2024, 07:05 AM

Samsung Electronics expects 10-fold rise in Q1 profit

January-March operating profits were expected to rise 931.3 % to 6.6 trillion won ($4.89 billion) while operating profits in the same period last year totalled around 640 billion won
6 April 2024, 06:17 AM

Bangladesh power system gets dirtier on rapid coal use growth

Bangladesh power firms more than doubled coal-fired electricity generation in 2023 from 2022 to a record 17 terawatt hours (TWh), data from energy think tank Ember shows
4 April 2024, 10:21 AM

Tesla reports drop in auto sales, while Toyota sees US surge

Elon Musk's auto giant reported 386,810 global deliveries over the period, down 8.5 percent, reflecting in part a weak sales market in China, where it faces heavy competition from local electric vehicle (EV) makers
3 April 2024, 11:10 AM

Telenor to cut around 100 jobs in Norway as part of reorganisation

Telenor on Wednesday said its Norwegian unit will lay off around 100 employees and substantially reduce its number of temporary staff and consultants
3 April 2024, 09:27 AM

Sri Lanka recovering but poverty enduring: World Bank

Crisis-hit Sri Lanka will return to growth this year, the World Bank said Tuesday, but around a quarter of the country's citizens will remain living in poverty
3 April 2024, 09:15 AM

US-China economic flashpoints in Yellen's China trip

As Yellen arrives in China on Thursday, what issues does she face?
3 April 2024, 05:39 AM

World Bank set to issue up to $1 billion in debut hybrid note this year

The World Bank is looking to issue up to $1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters
2 April 2024, 08:48 AM

India gold prices soar to record high, dampening demand, dealers say

Domestic gold futures rose to 69,487 Indian rupees ($834.07) per 10 grams, up nearly 10 percent so far in 2024
1 April 2024, 07:08 AM

Weak Asian factories take shine off China's rebound

Export powerhouses Japan and South Korea saw manufacturing activities shrink, as well as Taiwan, Malaysia and Vietnam in a sign of the fragile state of the region's economies
1 April 2024, 05:46 AM

India's GDP set to grow 8% or more in Jan-March quarter, finance minister says

India's gross domestic product is on track to grow by 8 percent or more in the quarter ending March 31, Finance Minister Nirmala Sitharaman said on Saturday.
31 March 2024, 11:01 AM

Scooter sales rev up as riders seek comfort

Local retailers post up to 65% rise in monthly scooter sales
30 March 2024, 13:48 PM

India's forex reserves jump to record high

It hit a record high of $642.63 billion as of March 22
30 March 2024, 10:14 AM

Impact of Baltimore port closure on global supply chains

Authorities have warned that extensive work is needed before the major port can reopen following Tuesday's catastrophic cargo ship collision, which has blocked the harbour's entrance.
30 March 2024, 09:54 AM

India mandates weekly reporting on wheat stocks to prevent hoarding

India has asked traders, major retailers and food processors to declare wheat stocks every Friday from April to prevent hoarding and price spikes, the government said on Friday
30 March 2024, 07:16 AM

China reaffirms financial support for Sri Lanka

Sri Lanka's years-long economic crisis was high on the agenda during Gunawardena's trip, with China accounting for around 10 percent of the South Asian country's total foreign debt
30 March 2024, 07:00 AM