Economy

Economy News

US stocks drop as Ukraine crisis worsens

Stocks fell, pushing the S&P 500 into a correction, as sanctions against Russia put stress on an already-jittery market. By Vildana Hajric Bloomberg Stocks fell, pushing the S&P 500 into a.

Read More
Economy News

Hong Kong budget for fiscal 2022/23

HONG KONG (Reuters) – The following are highlights of Hong Kong’s budget for the 2022/23 fiscal year starting in April. The budget was presented by Financial Secretary Paul Chan on.

Read More
Business Economy News

Thai economic recovery to continue but still fragile-central bank minutes

By Orathai Sriring BANGKOK (Reuters) – Thailand’s economy would continue to recover in 2022, but a rebound would remain fragile and uneven, as an Omicron outbreak puts less pressure on.

Read More
Economy News

West unveils sanctions with more ready if Russia launches full-scale Ukraine invasion

By Tom Balmforth, Polina Nikolskaya and Steve Holland MOSCOW/DONETSK/WASHINGTON (Reuters) -Western nations and Japan on Tuesday punished Russia with new sanctions for ordering troops into separatist regions of eastern Ukraine.

Read More
Economy News

Rouble, stocks sink as Putin recognises Ukraine breakaway regions

No Russian assets were left unscathed, with the rouble slipping past 80 against the United States dollar. The Russian rouble tanked on Monday, slipping past 80 against the United States.

Read More
Economy News

Oil jumps as tensions mount over Ukraine

Oil also got a boost Monday after Saudi Aramco said it sees signs that demand is surging, especially in Asia. By Grant Smith and Devika Krishna Kumar Bloomberg Oil jumped as tensions.

Read More
Economy News

Stocks slide, oil jumps as Russia orders troops to Ukraine region

Asia-Pacific shares sink after Putin recognises two breakaway regions in eastern Ukraine. Global stocks tumbled, while safe havens rallied and oil surged on Tuesday, as Europe’s eastern flank stood on.

Read More
Economy News

Dubai airport passenger traffic up in 2021 but still way below 2019

Dubai International Airport, the busiest globally for international traffic, saw 29.1 million passengers pass through its terminals in 2021, a 12.7% jump from a year earlier. Dubai Airports, the state-owned.

Read More
Business Economy News

Japan watching impact of rate rises by the West on its economy

By Tetsushi Kajimoto TOKYO (Reuters) -Japan will watch how rising interest rates in Western nations could affect its economy, the finance minister said on Tuesday, as higher bond yields would.

Read More
Business Economy News

Australia’s AGL Energy rejects $3.5 billion offer, investors expect more

By Shashwat Awasthi and Harish Sridharan (Reuters) -Australia’s biggest power producer AGL Energy (OTC:AGLXY) Ltd on Monday rejected a surprise $3.54 billion takeover approach from billionaire Mike Cannon-Brookes and Canada’s.

Read More