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In High-Yield Battle, India May Beat Indonesia as Top Asia Trade
In High-Yield Battle, India May Beat Indonesia as Top Asia Trade
In the battle between Asia’s two highest-yielding major markets, Indian assets look more promising than those of Indonesia.
2023-06-26 08:00
Renewables growth did not dent fossil fuel dominance in 2022-Statistical Review
Renewables growth did not dent fossil fuel dominance in 2022-Statistical Review
LONDON Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance
2023-06-26 07:33
China refiners stoke petchem glut in market share war as demand flags
China refiners stoke petchem glut in market share war as demand flags
By Mohi Narayan and Andrew Hayley China is relentlessly adding new petrochemical capacity despite a global glut as
2023-06-26 07:31
Oil climbs after short-lived Russian mutiny, currencies steady
Oil climbs after short-lived Russian mutiny, currencies steady
By Tom Westbrook SINGAPORE Oil nudged higher in early trade on Monday as an abortive weekend mutiny by
2023-06-26 07:28
PwC Australia acting CEO to face state parliament over tax leak scandal
PwC Australia acting CEO to face state parliament over tax leak scandal
By Lewis Jackson SYDNEY Australian lawmakers will ask for more details about PwC staff involved in the leak
2023-06-26 07:18
Investors shelve China assets before bigger stimulus
Investors shelve China assets before bigger stimulus
By Summer Zhen HONG KONG (Reuters) -Investors are waiting for a big burst of stimulus from China before they make
2023-06-26 06:59
Oil Advances as Instability in Russia, Growth Fears Dominate
Oil Advances as Instability in Russia, Growth Fears Dominate
Oil climbed as investors weighed the fallout from an attempted mutiny in Russia against Vladimir Putin’s almost quarter-century
2023-06-26 06:27
Marketmind: Russian turmoil tests safe-haven demand
Marketmind: Russian turmoil tests safe-haven demand
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-06-26 05:47
Apollo Global leads debt investment in chipmaker Wolfspeed - media
Apollo Global leads debt investment in chipmaker Wolfspeed - media
A group of investors led by Apollo Global Management is making a debt investment between $1 billion to
2023-06-26 02:54
Global Inflation Risk Rises Despite Lower Prices, Economist Says
Global Inflation Risk Rises Despite Lower Prices, Economist Says
The risks of a prolonged period of elevated inflation have increased despite the current decline in prices in
2023-06-26 01:16
Hoax bomb threats target major US retailers including Walmart and Whole Foods demanding bitcoin and gift cards
Hoax bomb threats target major US retailers including Walmart and Whole Foods demanding bitcoin and gift cards
Law enforcement agencies are investigating a series of hoax bomb threats that targeted major US retailers and grocery stores in an apparent extortion scheme for thousands of dollars in gift cards, bitcoin and cash, according to a report. Kroger, Meijer, Walmart and Whole Foods are among the companies that have been targeted in several states, according toThe Wall Street Journal. Callers have threatened to detonate bombs if gift cards, bitcoin or other payments are not provided, the newspaper reported. The FBI is working with state and local law enforcement to identify the threats, which have so far been unfounded, WSJ reported. It is unclear whether the calls are part of an organised effort. Callers have used block numbers to conceal their identities, according to police. One call to a Whole Foods in suburban Chicago reportedly demanded $5,000 in bitcoin and threatened to detonate a pipe bomb. Another call to a Kroger in New Mexico reportedly demanded an employee wire money and threatened that a bomb would go off if they called the police. Calls to a Meijer grocery store in Wisconsin demanded $5,000 in Apple gift cards. The threats echo similar menacing calls that have been a mainstay of local news outlets across the US in the past several years. After such threats, law enforcement agencies are typically called to the scene to evacuate the stores, causing major headaches for retailers and surrounding traffic. The latest efforts are “another evolving scam” for US retailers, according to Lisa Bruno, a senior executive vice president of retail operations at the Retail Industry Leaders Association, speaking to The Wall Street Journal. The threats also appear to be separate from those made towards retailers like Target, where stores in at least five states have faced threats over the company’s support for LGBT+ shoppers during Pride Month. Read More Pride collection backlash has derailed retailers, but LGBT designers are more empowered than ever Starbucks workers at 150 stores to strike over alleged ban on Pride decor
2023-06-26 00:48
Philippine finance secretary sees 'long pause' in rate hikes
Philippine finance secretary sees 'long pause' in rate hikes
MANILA Philippine Finance Secretary Benjamin Diokno said he expected the central bank, of which he is a policymaker,
2023-06-26 00:06
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