19h ago| Global Economy

Euro zone recovery weakens further amid Omicron curbs

The euro zone economic recovery weakened further this month as renewed restrictions imposed to contain the Omicron coronavirus variant put another dent in bloc’s dominant services activity and as...

19h ago| Global Economy

EU plan to label gas and nuclear as green could mislead investors

The European Union’s draft plan to label gas and nuclear plants as green investments risks causing confusion and misstated financial disclosures, expert advisers to the bloc said amid criticism of...

19h ago| Global Economy

Gulf economies to grow faster in 2022, oil price fall biggest threat

The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll of economists who cautioned the risk to that outlook was...

1d ago| Global Economy

IMF lauds Hong Kong’s financial system

The International Monetary Fund has reaffirmed Hong Kong’s position as a major international financial center, commending the city’s strong economic recovery and the government’s efforts to...

1d ago| Global Economy

Mexico faces risks to growth, credit rating from energy bill

Mexico faces risks to economic growth and potential for a credit rating downgrade in the medium term from political developments including the likely passage of a controversial energy bill, JP...

1d ago| Global Economy

EU in touch with partners to boost gas supplies

The European Union is talking with partners about the potential for increasing gas supplies to the bloc, Energy Commissioner Kadri Simson said after a meeting with European energy ministers in...

January 25, 2022
January 25, 2022

Singapore reviews inflation forecasts as core prices soar

Singapore is reviewing its official inflation forecasts, authorities said on Monday, after data showed its key price gauge climbed in December by the fastest pace in nearly eight years, driven by a...

January 25, 2022
January 25, 2022

Palm prices seen lower in 2022 on output rise

Palm oil prices are set for another year of volatility and tight supply as Malaysia makes slow progress in tackling a labour crunch and government policies on green energy and food security spur...

January 25, 2022
January 25, 2022

Oil prices rise on supply fears

Oil prices rose on Monday on worries about supply disruption amid rising tensions in Eastern Europe and the Middle East, which could make an already tight market even tighter, while OPEC and its...

January 25, 2022
January 25, 2022

Gulf economies to grow faster in 2022, oil price fall biggest threat

The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll of economists who cautioned the risk to that outlook was...

January 25, 2022
January 25, 2022

EU plan to label gas and nuclear as green could mislead investors

The European Union’s draft plan to label gas and nuclear plants as green investments risks causing confusion and misstated financial disclosures, expert advisers to the bloc said amid criticism of...

January 25, 2022
January 25, 2022

Euro zone recovery weakens further amid Omicron curbs

The euro zone economic recovery weakened further this month as renewed restrictions imposed to contain the Omicron coronavirus variant put another dent in bloc’s dominant services activity and as...

January 24, 2022
January 24, 2022

IMF lauds Hong Kong’s financial system

The International Monetary Fund has reaffirmed Hong Kong’s position as a major international financial center, commending the city’s strong economic recovery and the government’s efforts to...

January 24, 2022
January 24, 2022

Lufthansa eyes 40pc stake in Italy’s ITA

German airline Lufthansa is set to take a 40 per cent stake in Italian national carrier ITA Airways, Italy’s Il Foglio newspaper reported Saturday, suggesting the deal could be announced next week.

January 24, 2022
January 24, 2022

Delivery race among Indian grocery startups brings road safety risks

Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in “quick commerce”, but heating up concerns about road safety as bike...

January 24, 2022
January 24, 2022

Bitcoin falls again

Bitcoin dropped again on Saturday and was last down around 4 per cent for the day, hovering around the $35,000 level.