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Markets

Australian dollar dives as RBA takes a dovish turn

SYDNEY: The Australian dollar took a dive on Tuesday after the country’s central bank sounded more dovish on the...

Published 10 Dec, 2024 10:33am

Markets

South Korean shares rebound as policymakers pledge to stabilise markets

KOSPI was up 52.29 points, or 2.22%, at 2,412.87

Published 10 Dec, 2024 10:31am

Markets

Indian bond yields seen down as Fed rate cut bets, new central bank head to aid sentiment

MUMBAI: Indian government bond yields are expected to move marginally lower on Tuesday as US interest rate cut bets...

Published 10 Dec, 2024 10:28am

Markets

Indian rupee poised for all-time low as RBI change of guard spurs rate cut hopes

MUMBAI: The Indian rupee is likely to weaken to its lifetime low on Tuesday after the government named career civil...

Published 10 Dec, 2024 10:25am

Markets

Nikkei gains on weaker yen, China’s surprise policy shift

TOKYO: Japan’s Nikkei share average advanced on Tuesday as a softer yen lifted exporter shares, while stocks with a...

Published 10 Dec, 2024 10:23am

Markets

Australian shares slip as financials, tech counter miners’ gains; RBA decision in focus

Australian shares slipped on Tuesday as a jump in commodity stocks on a sharp uptick in underlying prices was...

Published 10 Dec, 2024 10:19am

Markets

Malaysia end-November palm oil stocks fall 2.6% m/m, MPOB says

KUALA LUMPUR: Malaysia’s palm oil stocks at the end of November fell 2.6% from the previous month to 1.84 million...

Published 10 Dec, 2024 10:07am

Business & Finance

China’s exports slow sharply, imports shrink ahead of Trump tariffs

BEIJING: China’s exports grew at a slower pace in November than the bumper month before, while imports unexpectedly...

Published 10 Dec, 2024 10:06am

Markets

Australian iron ore miners soar on China stimulus optimism

Shares of Australian iron ore miners surged the most in over two years on Tuesday after the country’s top trading...

Published 10 Dec, 2024 10:04am

Business & Finance

World Bank cuts Kenya’s 2024 growth estimate to 4.7% on fiscal challenges

NAIROBI: The World Bank downgraded Kenya’s economic growth estimate for this year to 4.7% on Tuesday, from an...

Published 10 Dec, 2024 10:01am

Business & Finance

Boeing restarts 737 MAX production a month after strike ended, sources say

Boeing restarted production of its best-selling 737 MAX jetliner last week, about a month after the end of a...

Published 10 Dec, 2024 09:59am

Markets

Indian shares set to open marginally higher

Indian shares are set to open marginally higher on Tuesday, with analysts expecting cautious sentiment ahead of key...

Published 10 Dec, 2024 09:57am

Markets

Oil prices rise on China stimulus, possible tight supply in Europe

HOUSTON: Oil prices rose on Tuesday as markets looked to rising demand in China, the world’s largest buyer, and...

Updated 11 Dec, 2024 12:00am

Markets

Aussie drops after RBA softens tone; US dollar steady before CPI

TOKYO: The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on...

Published 10 Dec, 2024 09:50am

World

EU must find billions for arms within a year, defence chief says

BRUSSELS: Europe needs to find ways within the next year to fund hundreds of billions of euros in extra military...

Published 10 Dec, 2024 08:44am

World

With Assad gone, his PM agrees to hand power to rebel admn

DAMASCUS: Ousted Syrian President Bashar al-Assad’s prime minister said he had agreed on Monday to hand power to...