Since the resumption of diplomatic relations in 1990, China and Indonesia have seen comprehensive development in bilateral economic and trade cooperation. In recent years, this cooperation has ...
The dollar edged higher on Monday ahead of a slew of central bank meetings this week, with the Bank of Japan potentially set to end negative interest rates and the market waiting for the Federal Reserve's latest projections for its rate cut plans.
India's central bank does not see interest rate hikes as the best way to defend the embattled rupee, three sources said, a position at odds with markets, reinforcing that inflation - not the currency - will guide policy on borrowing costs.
The United States can use other measures to recreate the roughly $200 billion in revenues it is collecting under tariffs based on a 1977 law if the Supreme Court strikes down use of that law, U.S. Trade Representative Jamieson Greer said on Wednesday.
A ship carrying around 14,000 sheep and 2,000 cattle is marooned off the coast of Australia in sweltering heat after it was forced to abandon a trip through the Red Sea, causing outcry from people concerned about the animals' welfare.
Novavax Inc on Thursday again delayed its timeline for seeking U.S. authorization for its two-dose COVID-19 vaccine but expects to become a major distributor to lower and middle-income countries this year.
Driving a racing car while playing chess is how Singapore's Max Maeder sums up "flying" on a foiling kiteboard at speeds of up to 80 kilometres per hour in Olympic sailing's newest event.
Investors piling into China's tourism, catering and beverage stocks as Beijing eases strict COVID-19 curbs are also keeping an eye on the exits, factoring in risks of a surge in infections early next year that could hit consumption and production.
The market wreckage strewn by President Donald Trump’s trade war is uniquely driven by minute-by-minute policy whims. A trader riding out the tempest might look to the simple aphorisms passed down as time-tested investment wisdom for guidance. With trillions of dollars resting on as little as social-media posts, that would be a mistake.
Asian shares slid and the dollar held firm on Monday ahead of a week packed with no less than a dozen central bank meetings, highlighted by the Federal Reserve which is likely to take another step toward tapering.
Singapore's dollar gained after the central bank tightened policy on Tuesday in a surprise move as inflation risks rise, while South Korea led Asia's emerging stock markets sharply lower with investors bracing for U.S. rate hikes.
If there was any remaining doubt, the unipolar U.S. moment is over. On January 30 newly installed U.S. Secretary of State Marco Rubio called time on the country’s three-decade-long run as the sole arbiter of global affairs, calling it an “anomaly”. A fortnight later, Secretary of Defense Pete Hegseth explained clearly the new dynamic when he described China as a “peer competitor” and told other members of the NATO alliance that the U.S. must henceforth focus on deterrence of its new superpower rival. Russia’s invasion of Ukraine, the conflicts in the Middle East, and the U.S. insistence that allies from Canada to Panama reject what it claims to be Chinese infiltration were already symptoms of a new, fundamentally bipolar world order. President Donald Trump’s blanket tariffs on global trading partners, which he unveiled on Wednesday, further underscore the shift.
Appearing in the same sentence as Islamic State is a bad day at the office for any company. It’s especially troubling for Ericsson , which was only recently fined $1 billion by the United States for paying bribes to secure telecommunications contracts in five countries including Vietnam. Chief Executive Börje Ekholm’s disclosure on Tuesday that payments in Iraq may have ended up in the hands of the militant group makes things much worse.
Chevron Corp on Friday reported a fourth quarter profit that missed Wall Street estimates and offered a weak outlook for this year's oil and gas production, sending its shares lower.
Bearish bets on several Asian currencies hit a record high, driven by a slump in the Chinese yuan and a towering dollar as investors brace for more Federal Reserve rate hikes, a Reuters Poll found.
The U.S. National Transportation Safety Board (NTSB) has faulted Ethiopia's final report into the March 2019 Boeing 737 MAX fatal jetliner crash and said that country's investigators did not adequately address performance of the flight crew.
President Vladimir Putin said on Wednesday that Russia would develop artificial intelligence with BRICS partners and other countries, in a bid to challenge the dominance of the United States in one of the most promising and crucial technologies of the 21st century.
Rising costs to ship crops globally are adding to concerns about food inflation that are already at decade-highs and hitting cost-sensitive consumers in import-dependent markets.
Russia's naphtha exports to Asia are set to fall in January, with volumes in storage swelling as U.S. sanctions pressure key buyers including Taiwan, India and Venezuela, forcing Moscow to seek new markets, traders and analysts said.
The talks at the New Delhi G20 summit were the highest-level meeting between China and the United States in nearly 10 months, when Biden and President Xi Jinping spoke at last year's G20 meeting in Indonesia.
Investors pared bearish bets on Asian currencies as the U.S. dollar faltered, with markets increasingly anxious that President Donald Trump's protectionist trade agenda could derail growth in the world's largest economy, a Reuters poll showed on Thursday.