TOKYO : The dollar hung back from a four-week high against major peers on Friday as investors looked ahead to a key jobs report that could influence the path for U.S. interest rates. Sterling traded slightly higher after recovering knee-jerk losses following the Bank of England’s decision to downshift to […]
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BEIJING : China’s Ministry of Commerce said on Friday it would drop anti-dumping and anti-subsidy tariffs on Australian barley imports that had been in place for three years affecting billions of dollars of trade, as the two nations repair strained ties. China and Australia agreed in April to resolve their […]
TOKYO : Japanese factory output improved in June for the first time in two months, government data showed on Monday, highlighting growing confidence among manufacturers buoyed by strong demand. Many countries, including Japan, are relying on domestic consumption to underpin growth while the risk of global recession persists. Output rose […]
Madonna has given fans an update about her health after she was hospitalised in June. Madonna says she is “lucky to be alive” a month after her health scare. The Queen of Pop, 64, has been resting at her New York home after she was hospitalised on Jun 24, sparking […]
SPA-FRANCORCHAMPS: Red Bull boss Christian Horner described his team’s form this season as “mind blowing” after Max Verstappen’s latest display of dominance at yesterday’s Belgian Grand Prix. Verstappen romped to his eighth consecutive victory and 10th of the season to maintain Red Bull’s total grip on Formula One after 12 […]
OSOYOOS: An evacuation order for the Canadian town of Osoyoos and its surrounding district in the province of British Columbia had been issued late Saturday night due to an out-of-control wildfire that has crossed the border from the US state of Washington. The wildfire, called Eagle Bluff, is approximately 4 […]
PARIS: Elon Musk is rebranding his Twitter platform as “X” and wants to create a super-app where users will do all their finances as well as their socialising. His inspiration is China’s WeChat, which dominates the Chinese internet with chat, payments, games and a host of other functions in its […]
SINGAPORE : The dollar fell on Thursday after the Federal Reserve delivered what some expected to be its last rate hike, while market focus shifted across the Atlantic to the European Central Bank’s (ECB) rate decision later in the day. The Fed on Wednesday raised interest rates by a quarter […]
SEOUL : South Korea’s export decline likely accelerated in July amid persistently weak demand from China, a Reuters survey showed on Thursday, signalling a bumpy road towards recovery. Outbound shipments were expected to extend their run of year-on-year losses to a 10th straight month with a 14.5 per cent fall […]
India captain Rohit Sharma cannot wait to welcome a fit-again Jasprit Bumrah back into the side before the 50-overs home World Cup but is not sure that would be as early as next month’s tour of Ireland. Pace spearhead Bumrah, who has not played international cricket since last September, is […]