Rising energy costs threaten export competitiveness
Star Business Report
1 May 2026, 00:00 AM Global Economy
Powell appeals for Fed independence
AFP, Washington
1 May 2026, 00:00 AM Global Economy
Oil prices rise further
AFP, Hong Kong
30 April 2026, 00:00 AM Global Economy
UAE exit from Opec to boost supply, lower oil prices
REUTERS, Moscow
30 April 2026, 00:00 AM Global Economy
Airbus profits slide as deliveries drop
AFP, Paris
30 April 2026, 00:00 AM Global Economy
Weak policies, low trust hurt investment outlook: analysts
Star Business Report
29 April 2026, 20:47 PM Business
Lending rates to be brought down to a tolerable level: Commerce minister
Star Business Report
29 April 2026, 18:21 PM Business
Stocks swing, oil edges up with Iran war peace talks stalled
AFP, Hong Kong
29 April 2026, 13:04 PM Business

US favourable to Taiwan trade bid, urges Beijing to cease pressure

The United States on Friday praised Taiwan’s record as a candidate to join a trans-Pacific trade deal and criticized Beijing for stepping up jet incursions near the island.
25 September 2021, 18:00 PM

Britain runs coal power stations amid energy crisis

Britain, which faces soaring natural gas prices, has been forced to run coal-fired power stations in order to secure energy supplies, electricity generation company Drax said on Thursday.
25 September 2021, 18:00 PM

Zimbabwe bolsters emissions targets

Zimbabwe has adopted a more ambitious target for emissions reduction ahead of a United Nations climate conference in November, the country’s new climate change plan showed.
25 September 2021, 18:00 PM

RBI to retain cash surplus

India’s central bank is likely to retain a surplus of liquidity in the banking system and announce another round of bond purchases, but will avoid adding incremental cash in the near future, two sources said on Friday. 
25 September 2021, 18:00 PM

Quicken shift from fossil fuels

Major UK-based companies on Friday urged the government to accelerate the nation’s shift away from fossil fuels for electricity generation, amid turmoil over surging gas prices.
25 September 2021, 18:00 PM

Nigeria aims to boost oil output

Nigeria said Wednesday it aims to produce 1.88 million barrels per day of crude oil next year and the budget will be based on the benchmark price of $57 per barrel, calling it a  “very conservative” output goal as the country’s economy struggles.
23 September 2021, 18:00 PM

Bank of England on guard against spiking inflation

The Bank of England is expected to stay the course on interest rates and stimulus on Thursday, despite soaring inflation and fears of runaway domestic energy costs.
23 September 2021, 18:00 PM

Fed warns of ‘severe damage’ if senators allow debt default

The chairman of the US Federal Reserve called on lawmakers to raise the nation’s borrowing limit urgently on Wednesday, warning that failure to pay government debts would do  “severe damage” to the economy.
23 September 2021, 18:00 PM

Ratings agency cuts China growth forecast

Ratings agency Fitch on Thursday cut its growth forecast for China’s economy this year citing a slowdown in the country’s colossal property sector, which is also facing headwinds over faltering real estate giant Evergrande.
23 September 2021, 18:00 PM

Eurozone growth slows: survey

Economic growth in the eurozone stumbled in September, a closely watched survey said Thursday, as supply chain bottlenecks, high prices and the spread of the coronavirus Delta variant hurt output.
23 September 2021, 18:00 PM

EU looking at measures to tackle energy crisis

The European Commission said on Wednesday it is poised to validate  “short-term temporary measures” to tackle the effects of a global energy crisis -- while keeping an eye on long-term climate goals.
23 September 2021, 18:00 PM

BOJ to keep stimulus as deflation risks cloud outlook

The Bank of Japan was expected to keep monetary policy steady on Wednesday as weak growth and deflation risks remain primary concerns, in contrast to major counterparts eyeing a withdrawal of crisis-mode support for their economies.
22 September 2021, 18:00 PM

China’s high-tech push seeks to reassert global factory dominance

At a factory in China’s north, workers are busy testing an automated vehicle designed to move bulky items around industrial spaces, one of a new generation of robots Beijing wants to shift the country’s manufacturing up the value chain.
22 September 2021, 18:00 PM

IMF execs meet over charges boss changed data to favour China

The International Monetary Fund’s board of directors met Tuesday over charges that its director, Kristalina Georgieva, pressured staff in 2017 when she was the World Bank CEO to change data in a key ranking report to paint China in a more positive light.
22 September 2021, 18:00 PM

Taliban expand economic team

Afghanistan’s Taliban government bolstered its economic team on Tuesday, naming a commerce minister and two deputies as the group tries to revive a financial system in shock from the abrupt end to billions of dollars in foreign aid.
22 September 2021, 18:00 PM

German auto giants place their bets on hydrogen cars

Battery power may be the frontrunner to become the car technology of the future, but don’t rule out the underdog hydrogen.
22 September 2021, 18:00 PM

ADB cuts Asia growth forecast on slow vaccine rollout

The Asian Development Bank warned of  “lasting scars” from the coronavirus pandemic as it cut its 2021 growth forecast for developing Asia on slow vaccination rates, surging infections and crippling lockdowns.
22 September 2021, 18:00 PM

Taliban names Afghan UN envoy, asks to address General Assembly

The Taliban have asked to address world leaders at the United Nations in New York this week and nominated their Doha-based spokesman Suhail Shaheen as Afghanistan's UN ambassador, according to a letter seen by Reuters on Tuesday.
22 September 2021, 04:32 AM

US Democrats unveil plans to suspend debt limit

Democratic congressional leaders on Monday unveiled plans to suspend the nation’s borrowing limit, following a White House warning of  “economic catastrophe” unless that ceiling is raised.
21 September 2021, 18:00 PM

UK rules out gas supply emergency as prices soar

Britain’s government does not expect a gas supply emergency during the winter as soaring prices threaten energy groups, Business Secretary Kwasi Kwarteng insisted on Monday.
21 September 2021, 18:00 PM