US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13.The development comes as a reversal to the previous week’s sharp…
The Bank of England has lowered its benchmark interest rate from 4% to 3.75%, taking borrowing costs to their lowest level in nearly three years as policymakers respond…
Indonesia faces a massive financial challenge in its shift to greener energy for captive power, requiring an estimated $31 billion in investment by 2030 and a total of…
BP has appointed Meg O’Neill, the chief executive of Australia’s Woodside Energy, as its new CEO. This move signals BP’s intention to intensify efforts to increase returns and prioritise…
Global markets opened amid heightened geopolitical and economic crosscurrents on Thursday, with Washington approving a major arms sale to Taiwan, Asian equities sliding on renewed concerns over artificial…
President Donald Trump sought to reassure Americans anxious about the cost of living by announcing a one-time holiday payment for military service members and promising sweeping housing reforms…
Pop Mart International Group Ltd., once one of Hong Kong’s hottest stocks, is facing growing investor skepticism as signs emerge that the global craze for its Labubu character…
The most consequential national security move President Donald Trump has made this year came in two documents released late this year.One redefined how the White House sees power,…
India’s parliament has approved raising the foreign ownership cap in Indian insurance companies from 74% to 100%.The move marks a historic financial-sector liberalisation.The Lok Sabha passed the bill…