8+ hour, 2+ min ago   (654+ words) The dollar holds steady while the yen gains ahead of pivotal central bank rate decisions, as Mideast tensions drive oil prices and influence global monetary policy. SINGAPORE: The dollar was steady on Monday, ​with the yen holding on to its…...

7+ hour, 46+ min ago   (200+ words) Samsung and SK Hynix rejected KEPCO's $18.7 billion upfront payment proposal for power infrastructure, citing uncertainty in long-term semiconductor demand for new mega clusters. SEOUL: Samsung Electronics and SK Hynix have rejected a proposal by Korea Electric ​Power Corp to make…...

8+ hour, 7+ min ago   (431+ words) Oil prices surged over 2% due to Houthi strikes, Iranian attacks on ships, and the closure of a key Saudi pipeline, intensifying global supply concerns. BEIJING: Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and…...

10+ hour, 52+ min ago   (282+ words) SYDNEY: Australian stocks ended Friday at a more than two-month low, as miners led by BHP lost on weaker commodity prices, while a surge in oil prices over the week heightened inflation concerns and kept investors on edge. The benchmark…...

1+ day, 13+ hour ago   (300+ words) TOKYO: Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the Bank of…...

1+ day, 13+ hour ago   (123+ words) Business Recorder PARIS: French central bank chief Emmanuel Moulin said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin was speaking after INSEE revised its economic forecast…...

1+ day, 5+ hour ago   (249+ words) Tesla CEO Elon Musk announced the long-delayed next-generation Roadster will be unveiled on October 1, potentially featuring SpaceX cold-gas thrusters and an evolved hypercar design. Tesla CEO Elon Musk said on Saturday the electric-vehicle ‌maker would unveil its long-delayed Roadster on…...

1+ day, 5+ hour ago   (200+ words) Speculators have turned net long on the yen for the first time since February, signaling growing confidence in the currency amidst expectations of Bank of Japan rate hikes. TOKYO: Speculators turned to a net long position on the yen for…...

3+ day, 4+ hour ago   (351+ words) SINGAPORE: Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the 10-day average of 15. Of the seven vessels, two Panamax ships exited the strait, one…...

3+ day, 5+ hour ago   (209+ words) SEOUL: South Korean President Lee Jae Myung said on Friday he would host the first South Korea-Central Asia summit next week, bringing together the leaders of five Central Asian countries as Seoul seeks to deepen economic and strategic ties with…...