Business
BP drops oil output reduction target in strategy reset: sources
BP HAS abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to…
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Business
Business
LG Energy aims to double sales by expanding non-EV business
BATTERY maker LG Energy Solution said it plans to more than double sales by 2028, through aggressively expanding non-electric vehicle…
Business
RBI likely to keep rates steady as economic growth slows, global rates ease
Despite the recent dip, a Reuters poll has estimated that inflation will pick up again, to average 4.5 per cent this fiscal year and 4.3…
Business
BOJ highlights broadening wage, price gains but warns of potential risks
Core consumer inflationaccelerated for the fourth straight month in August and tracked comfortably above the central bank's 2 per cent…
Business
Tokyo Metro looks to raise up to US$2.4 billion in largest Japan IPO since 2018
TOKYO Metro has set a price range at 1,100 to 1,200 yen per share, against an initial estimate of 1,100 yen, a regulatory filing showed on…
Business
Bandhan Bank share price rises 3% after Q2 total deposits jump 27% YoY
2 min read Last Updated : Oct 07 2024 | 11:56 AM IST Bandhan Bank share price: Shares of private lender Bandhan Bank rose as much as 2.88…
Business
Commerzbank would lose clients in UniCredit merger, German lender’s CEO says
COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina Orlopp told a local newspaper,…
Business
Maldives president Muizzu to meet PM Modi amid growing economic woes
New Delhi: President Droupadi Murmu and Prime Minister Narendra Modi welcome Maldives President Mohamed Muizzu and his wife Sajidha…
Business
Bank Indonesia intervenes in FX markets after rupiah slump
Bank Indonesia is intervening in the spot, domestic non-deliverable forwards and bond markets to maintain the balance of currency supply…
Business
Commerzbank would lose clients in UniCredit merger, says CEO Orlopp
Orlopp, who has expressed support for Commerzbank's strategy of independence | Photo: Reuters 2 min read Last Updated : Oct 07 2024 | 9:49…
Business
Hedge funds bought yen right before the biggest drop in 15 years
HEDGE funds turned bullish on the yen just before dovish comments by Japan’s new prime minister and a robust US jobs report helped spark…
Business
Hot stock: Qian Hu jumps 24% to 7-year high after news of leadership changes
Kenny Yap is to step down as executive chairman at the end of the year and will be replaced by his nephew, chief executive Yap Kok Cheng…
Business
Samsung’s profit recovery seen weakening in Q3
SAMSUNG Electronics is expected to flag more than a four-fold jump in quarterly profit on Tuesday (Oct 8) on improving demand for chips,…
Business
Singapore shares open higher on Monday; STI up 0.6%
SINGAPORE stocks began Monday (Oct 7) trading in positive territory, mirroring weekend gains in overseas markets. As at 9.01 am, the…
Business
Stocks to watch: HPL, Lum Chang, UOL, Apac Realty
THE following companies saw new developments that may affect trading of their securities on Monday (Oct 7): Source link
Business
ECB will ‘quite probably’ cut rates this month, Villeroy says
THE European Central Bank (ECB) will “quite probably” cut interest rates at its next meeting later this month, according to Governing…
Business
New York Sun owner nears £550 million deal for Telegraph: FT
THE owner of the New York Sun is close to acquiring the UK’s The Daily Telegraph newspaper for more than £550 million (S$942 million),…
Business
Japan expands LNG flexibility via cooperation with South Korea, Italy
JAPAN has agreed on Sunday (Oct 6) to study cooperating with South Korea and Italy on procurement of liquefied natural gas (LNG) as the…
Business
Saudi Arabia’s PIF mulls larger stake in Nintendo: report
SAUDI Arabia’s Public Investment Fund (PIF) is considering raising its stakes in Nintendo and other Japanese gaming companies, Kyodo News…
Business
Financial services enabler BNY aims to ride Asian growth
There are multiple opportunities for the bank as it provides solutions across a spectrum THE development of economies and markets around…
Business
Fed rate cuts will push liquidity across the globe, including to China, despite strong US jobs data
China may be drawing funds from regional markets now, but global liquidity flows to Asia could be the proverbial tide that lifts all boats…
Business
West Asia conflict may create challenges for India: ADB Chief Economist
Asian Development Bank (ADB)'s Chief Economist Albert Park believes the government should focus on farm-policy reforms to address the…
Business
Coalition govt is good for India, says economist Jagdish Bhagwati
Renowned economist Jagdish Bhagwati (90) is busy writing his memoir and is set to retire this academic year after a 65-year-long career in…
Business
Eggs and chana fetch farmers biggest chunk of money spent by users
1 min read Last Updated : Oct 06 2024 | 11:48 PM IST Farmers received the highest share of every rupee spent by consumers while buying…