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When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs as investors anticipated big bang pro-business reforms to revive a flagging economy.
German lender Commerzbank
Japan’s nuclear operators are starting to sell some of their huge holdings of uranium fuel, as chances fade of restarting many more reactors eight years after the Fukushima nuclear disaster.
Walking a tightrope between anti-government protests and political masters in Beijing, many Hong Kong firms are opting to toe the Communist Party line to avoid potential repercussions having seen what happened at Cathay Pacific Airways.
Amazon.com Inc is set to snag a minority stake in India’s Future Retail Ltd, which operates more than 900 stores in India and owns several supermarket brands, including Big Bazaar.
Profits from making petrochemicals in Asia have plunged to their lowest in months as the unrelenting trade conflict between Beijing and Washington stifles Chinese demand for chemicals and plastics just as waves of new production start to come on line.
China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges.
China’s coal demand will start to fall in 2025 once consumption at utilities and other industrial sectors reaches its peak, a state-owned think tank said in a new report, easing pressure on Beijing to impose tougher curbs on fossil fuels.
Malaysian Prime Minister Mahathir Mohamad on Friday said linking the production of palm oil to deforestation was “baseless, unfair and unjustified”, and that the industry has grown responsibly.
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Japan’s factory output likely staged only a modest rebound in July from the previous month’s tumble, a Reuters poll showed, a sign U.S.-China trade frictions and slowing global demand will continue to weigh on the export-reliant economy.
Japan’s core consumer prices rose 0.6 percent in July from a year earlier, government data showed on Friday.
Japanese Economy Minister Toshimitsu Motegi said on Thursday he would continue trade talks the following day with his U.S. counterpart Robert Lighthizer, saying they were making progress in their discussions.
South Korea’s finance minister said on Thursday the government was seeking to increase the budget for next year by nearly 9% over the original budget for this year, to support an economy hit hard by trade disputes and cooling global demand.
Wells Fargo & Co will pay the Navajo Nation $6.5 million to settle a lawsuit over “predatory and unlawful practices” by the bank, the Native American tribe said on Thursday.
President Donald Trump will be meeting with Secretary of Agriculture Sonny Perdue and EPA Administrator Andrew Wheeler later on Thursday, three sources familiar with the matter said, to discuss biofuel policy after his latest decision to grant 31 small refinery waivers caused an uproar within the ethanol industry.
Canadian house prices will be flat this year, but will pick up in 2020, driven by lower mortgage rates and solid domestic economic conditions, according to economists and property market analysts polled by Reuters.
The U.S.-China trade war may blunt some of the stimulus on the U.S. housing market from expected further interest rate cuts by the Federal Reserve, with only a modest outlook for price rises, a Reuters poll of property market experts found.
The U.S. Federal Aviation Administration plans to test next month how pilots with around one year of experience flying Boeing 737 jets handle new software on the MAX model, four sources with knowledge of the matter said.
VMware Inc said on Thursday that it would buy Pivotal Software Inc, a maker of software development and management tools, in a deal valued at $2.7 billion.
U.S. toy maker Hasbro Inc will buy Entertainment One Ltd for about $4 billion in cash, adding the independent studio with preschool brands such as Peppa Pig to the U.S. company known for Nerf and Power Rangers, the companies said on Thursday.
The U.S. Federal Aviation Administration said on Thursday it has invited a cross-section of line pilots from global carriers that operate Boeing Co’s 737 MAX to participate in simulator testing as part of an overall testing and validation process of new MAX procedures.
The Trump administration is still planning for a round of in-person talks between U.S. and Chinese officials in September after a constructive exchange this week between deputy-level negotiators, White House economic adviser Larry Kudlow said on Thursday.
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Philadelphia Federal Reserve Bank President Patrick Harker said on Thursday that he does not see the case for additional stimulus.
The Trump administration is considering a package of tax cuts that could be rolled out before the 2020 U.S. election as a way to buttress the economy’s long-term growth rate
The U.S. Export-Import Bank said on Thursday its board intends to vote on a $5 billion direct loan for the development of a liquefied natural gas (LNG) project in Mozambique, the bank’s biggest export financing deal in years.
The European Union will halt imports of Canadian cherries and other fresh fruits starting Sept. 1 as it enforces new import requirements related to pests, according to a Canadian government document sent to industry on Thursday.
The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and spark inflation expectations.
Boeing Co has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June, three people familiar with the matter told Reuters.
Overstock.com Inc Chief Executive Officer Patrick Byrne resigned on Thursday, a week after saying he was involved in a Federal Bureau of Investigation probe into Russia and former U.S. presidential candidate Hillary Clinton.
HP Inc, the hardware business of Hewlett Packard Co, said on Thursday that Chief Executive Officer Dion Weisler is stepping down from the role in November.
The number of Americans filing applications for unemployment benefits fell sharply last week, suggesting the labor market was holding firm despite a manufacturing slowdown and concerns the economy is on a path toward recession.
The U.S. Federal Reserve is under pressure from President Donald Trump to cut interest rates. Investors expect the Fed to cut, perhaps by a lot.
Wall Street’s main markets were set to edge lower on Thursday as the previous session’s hints of a skeptical Federal Reserve attitude to a new cycle of interest rate cuts offset a handful of more bullish signs from U.S. retailers.
Federal Reserve Chair Jerome Powell comes to this year’s meeting of central bankers in Jackson Hole, Wyoming, caught between discord within the U.S. central bank over appropriate monetary policy and mounting outside pressure for more interest rate cuts.
Contractors for Microsoft listened in on the audio of Xbox gamers speaking in their homes
China snapped up a small volume of U.S. soybeans last week after pledging to halt purchases of American farm products due to the escalating trade war between Washington and Beijing, U.S. Department of Agriculture data showed on Thursday.
The European Union hopes to ease trade tensions with U.S. President Donald Trump when the leaders of the world’s seven major advanced economies meet in France over the weekend, a senior EU official said on Thursday.
A biofuels producer said on Thursday it is proposing to acquire the fire-damaged Philadelphia Energy Solutions refinery and convert it to make renewable diesel and jet fuels.
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Gap Inc
The bond market is in a “bubble,” particularly sovereign debt, Guggenheim Partners global chief investment officer Scott Minerd warned on Thursday, and he said that efforts by the Federal Reserve to head off a recession by cutting interest rates will ultimately prove futile.
Asian shares edged ahead on Thursday after Wall Street got a boost from strong retail results, while bonds retreated as U.S. policy makers sounded conflicted on whether to cut interest rates as sharply as markets were wagering.
Medicare experts often advise enrollees to re-shop their plan coverage during the annual fall open enrollment period. This is the time when you can make unlimited changes to your prescription drug or Medicare Advantage coverage, and shopping the market can help you save money and make sure you get a best-fit plan.
Dallas Federal Reserve Bank President Robert Kaplan said on Thursday that he would like to avoid cutting rates again in September, but has an “open mind.”
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The dollar held gains on Thursday after minutes from the Federal Reserve’s last policy meeting hosed down some aggressive expectations the central bank would embark on a series of deep interest rate cuts.
Oil prices rose on Thursday following a drawdown in U.S. crude inventories, but gains in fuel inventories and persistent concerns over the global economy and future demand outlook capped gains.
U.S. companies’ borrowing to spend on capital investments rose 15% in July from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday.
Buyout firm KKR & Co Inc
