Western Officials Finalizing Plans For Russia Oil-price Cap
U.S. and Western officials are finalizing plans to impose a cap on Russian oil prices amid a warning from the World Bank that any plan will need active participation of emerging market economies to be effective.
Asia Shares Jump As Investors Anticipate Smaller Interest Rate Rises
Asian shares rose on Thursday on growing expectations that major central banks could start slowing th pace of interest rate hikes in coming months, while the dollar's retreat lifted commodities and pushed treasury yields lower.
Saudi Aramco Launches $1.5 Billion Fund, Says Energy Transition Plan Flawed
The Aramco sustainability fund would target investments globally, with an initial focus on areas including carbon capture and storage.
Former Ukraine POWs Recall Fainting From Hunger In Russian Captivity
Alina Panina recalls women fainting from hunger as they took the 15 minutes of permitted daily exercise during their months-long detention by Russian forces.
Global Economy Approaching A Recession, Central Banks Unchained, Says Poll
The global economy is approaching a recession as economists polled by Reuters once again cut growth forecasts for key economies.
Saudi Arabia 'Maturer Guys' In Spat With US, Says Prince Abdulaziz bin Salman
Saudi Investment Minister Khalid al-Falih said earlier that Riyadh and Washington will get over their "unwarranted" spat, highlighting long-standing ties.
Mercedes-Benz Triples Pre-pandemic Q3 Cars Earnings, Raises Outlook
Mercedes-Benz Vans saw sales up by just under a fifth to 104,000 vehicles, with electric van sales up by a third this year so far.
In 'Unprecedented' Global Chip Slump, SK Hynix To Halve Investment As Recession Looms
The world's second-largest memory chipmaker, whose clients include Apple Inc, said its investment in 2023 will be cut by more than 50%.
Singapore Central Bank Proposes Measures On Crypto Trading, Stablecoin
Cryptocurrency trading businesses would also not be allowed to offer incentives to attract retail customers.
Wages, Not Yen, Key To When Japan Shifts Away From Ultra Low Rates
With Japan's economy still weak, the BOJ is not expected to raise interest rates in the near-term, even if that means more downward pressure on the yen.
Crypto Industry Disappointed As Australia Looks To Enshrine Tax Rules
The government said it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an asset.
Amid Oil Spat, White House Welcomes Saudi Moves On Ukraine
The White House on Tuesday welcomed moves taken by Saudi Arabia to help Ukraine in its war with Russia.
Asian Shares Rise On Hopes Of Rate Hike Slowdown
Asian shares edged higher on Wednesday as investors clung to hopes that the pace of U.S.
Oil Dips On U.S. Crude Stock Build, Supply Worries Limit Losses
Oil prices eased on Wednesday after industry data showed U.S.
World Is In Its 'First Truly Global Energy Crisis' - IEA's Birol
Soaring global prices across a number of energy sources, including oil, natural gas and coal, are hammering consumers.
Qatar Faced Unprecedented Criticism Over Hosting World Cup, Emir Says
Qatar has come under intense international criticism for its treatment of foreign workers and restrictive social laws.
L'Oreal's Hair Straighteners Caused Woman's Cancer, Lawsuit Claims
Uterine cancer is the most common gynecologic cancer in the U.S., according to federal government data, with rates rising, particularly among Black women.
Russia Brings Ukraine 'Dirty Bomb' Claim To U.N. As West Rejects It As False
Russia said it had no intention of using a nuclear weapon itself.
Trump Ally Barrack Says UAE Official Did Not Ask Him To Be 'Agent'
Barrack allegedly used his influence with Trump's election campaign to push the UAE's interests in 2016 and 2017 without the U.S. attorney general.
U.S. Considers HAWK Air Defense Equipment For Ukraine, Say U.S. Officials
The U.S. is considering sending older HAWK air defense equipment from storage to Ukraine to help it defend against Russian drone and cruise missile attacks, two U.S.
Airbus Eyes Saudi Deal For Almost 40 A350 Jets, Say Sources
There is no guarantee of a deal but if confirmed, the purchase by the sovereign Public Investment Fund (PIF) could be announced as early as this week.
Former U.S. Military Pilot Who Worked In China Arrested In Australia, Faces Extradition
A former U.S. military pilot and flight instructor who worked in China was arrested in Australia and faces extradition to the United States, Australian court documents and company records show.
Asian Britons Celebrate 'Proud Moment' As Sunak Takes On Top Job
Rishi Sunak is set to become Britain's first prime minister of colour on Tuesday, an achievement that many, particularly in the Asian community, held up as a cultural milestone standing out above the economic chaos and political tumult.
Oil Prices Edge Higher As U.S. Dollar Eases
Oil prices edged higher on Tuesday, reversing some of the previous session's losses, as the U.S.
Russia To Raise Ukraine 'Dirty Bomb' Accusation At U.N., Diplomats Say
Russia intends to raise at the United Nations Security Council on Tuesday its accusation that Ukraine is planning a "dirty bomb" attack and has urged U.N.
Iran Security Forces Fire Tear Gas Near Tehran School After Dispute
Iranian security forces fired tear gas near a girls' school in Tehran on Monday, according to videos posted on social media, after a dispute between authorities and students over their mobile phones amid ongoing anti-government protests in Iran.
Mirae Asset In Talks To Help Fund Elon Musk's Twitter Deal - Source
South Korea's Mirae Asset Financial Group is planning to commit about 300 billion Korean won ($208 million) to help finance Elon Musk's $44-billion buyout of Twitter Inc, a person familiar with the matter told Reuters on Monday.
Syrian Refugees Cling On In Turkey, Lebanon As Fears Over Coerced Returns Grow
The first Syrian refugees in Lebanon to return home under a new repatriation scheme will leave on Wednesday.
Goldman Sachs Launches Chinese Infrastructure Real Estate Joint Venture
Goldman Sachs has launched a joint venture in China with local logistics company Sunjade in a bid to boost investment in Chinese logistics.
Netanyahu Comeback Dominates Israel Election 'All About Bibi'
At a dead-end road in a crime-hit town in central Israel, Benjamin Netanyahu stands on a mobile stage enclosed by a glass wall