Markets Asia’s crude oil imports slip in April, trail OPEC forecasts: Russell LAUNCESTON: Asia’s imports of crude oil slipped slightly in April from March, as increased arrivals in China failed... Published 02 May, 2024 11:04am
Markets Gold prices flutter higher as Fed holds rates steady Gold prices edged higher for a second straight session on Thursday after the Federal Reserve indicated that it is... Published 02 May, 2024 10:59am
Markets Palm oil opens lower for second session, tracking weaker soyoil KUALA LUMPUR: Malaysian palm oil futures opened lower for the second straight session on Thursday after the Labour... Published 02 May, 2024 10:53am
Markets Asia stocks rise as Fed tamps down hike fears; yen leaps SINGAPORE: Asian stocks and US futures rose on Thursday after the Federal Reserve downplayed risks of an interest... Published 02 May, 2024 10:51am
Markets Asian currencies edge higher, stocks fall after Fed hints rate cut delays Asian currencies jumped on Thursday while most equity markets in the region slipped after the US Federal Reserve... Published 02 May, 2024 10:44am
Technology Microsoft to invest $2.2bn in cloud and AI services in Malaysia KUALA LUMPUR: Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country’s... Published 02 May, 2024 10:37am
Markets Australia, NZ dollars hold onto gains as Powell urges patience on rates SYDNEY: The Australian and New Zealand dollars held onto overnight gains on Thursday as the world’s most watched... Published 02 May, 2024 10:34am
Business & Finance Standard Chartered Q1 profit rises 5.5%, beats estimates HONG KONG/LONDON: Standard Chartered PLC posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating... Published 02 May, 2024 10:31am
Business & Finance Indonesia’s inflation rate eases slightly in April JAKARTA: Indonesia’s annual inflation rate cooled slightly in April as pressure from some food prices eased as the... Published 02 May, 2024 10:29am
Markets Bangladesh’s RPGCL seeks three LNG cargoes for June delivery, sources say SINGAPORE: Bangladesh’s state-owned Rupantarita Prakritik Gas Company Ltd (RPGCL) has issued a tender seeking three... Published 02 May, 2024 10:26am
Markets Indian bond yields likely to dip tracking US yields on Fed rate stance MUMBAI: Indian government bond yields are expected to trend marginally lower on Thursday, mirroring similar moves in... Published 02 May, 2024 10:21am
Markets Indian rupee to be supported by dip in dollar after Powell’s push back on hikes MUMBAI: The Indian rupee on Thursday will be helped by a drop in the dollar after Federal Reserve Chair Jerome... Published 02 May, 2024 10:17am
Markets Wheat inches higher as traders eye rains in Russia, US CANBERRA: Chicago wheat futures edged higher on Thursday as traders assessed whether rainfall in the US and Russian... Published 02 May, 2024 10:12am
Markets Indian shares likely to open higher after Fed’s status quo, oil price fall BENGALURU: Indian shares are set to open higher on Thursday, after the US Federal Reserve kept interest rates... Published 02 May, 2024 10:06am
Markets Japan’s Nikkei squeezes out modest gains as yen, Wall Street weigh TOKYO: Japan’s Nikkei share average eked out meagre gains on Thursday, with the yen’s sudden appreciation and a... Published 02 May, 2024 10:00am
Markets Australian shares rangebound after Fed warns of rate cut delays; Woolworths slumps Australian stocks traded in a tight range on Thursday after the US Federal Reserve warned of delays to interest rate... Published 02 May, 2024 09:58am
Markets Yen gives up ground vs dollar following surge on suspected intervention TOKYO: The yen gave up ground in early trade on Thursday, reversing direction after a sudden surge against the... Published 02 May, 2024 09:56am
Markets Oil prices rebound on prospect of US replenishing strategic reserve NEW DELHI: Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may... Published 02 May, 2024 09:52am
World 300 anti-Israel protesters held in New York LOSANGELES/NEW YORK: Supporters of Israel attacked a pro-Palestinian protest camp at the University of California in... Updated 02 May, 2024 05:19am
World Turkey to join South Africa’s genocide case ISTANBUL: Turkish Foreign Minister Hakan Fidan said on Wednesday that Turkey would join in South Africa’s ... Updated 02 May, 2024 05:19am