Asia/Pacific

Mini Gold Bars Are Causing a Frenzy in South Korea as Buyers Rush to Get Them in Convenience Stores, Vending Machines

Mini gold bars are selling like hot cakes in South Korea's biggest convenience store chain, CU.


Amazon Web Services to Invest Nearly $9 Billion to Boost Cloud Computing Venture in Singapore

Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore...

EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition

The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States...

Xi Jinping Urges France to Resist 'New Cold War' Amid EU's Shift Towards US Alliance

Xi Jinping's visit to France amid EU tensions highlights economic cooperation, opposing a "New Cold War."..


Latest News

Mitsui Forecasts ¥64 Earnings Per Share Despite Possibility For Incurring Net Annual Loss
Markets of iron ore and gas have been hit hard due to over supply and decreasing demand and Japanese trading house Mitsui & Co. also follow trait. The Japanese trading house is going to embrace loss f
Some US energy chiefs make more cash amid oil turmoil
Contrary to a notion that oil rout is impacting everyone in the industry, there are few bosses at energy companies making more money based on their performance. Few top managers are excelling in meet
Bangladesh Bank Mulls For Lawsuit Against New York Fed
The Federal Reserve Bank of New York has denied any responsibility over the $81 million cyber heist from the current account of Bangladesh Bank. But a BB audit report observes NY Fed responsible since
Talbot expands Australian presence, strengthens financial team
Talbot Underwriting Ltd is spreading its footprint of financial lines business in Australia. Talbot Underwriting, a wholly-owned subsidiary of Validus Holdings Ltd, has appointed David McKenzie and Da
Iron Ore Climbs as China Property Market Recover
Price of iron ore rallies as China's property market showed further sign of recovery. Surge in the price of iron ore also correlated with increase in steel futures.
India's NCDEX imposes spl margins on Kapas
India's National Commodities and Derivatives Exchange (NCDEX) has imposed special margins in Kapas contracts. Kapas prices fell over seven percent during the past fortnight. NCDEX has taken the decisi
OPIC Sanctions $421 Million Debt Financing To India’s Solar And Internet Projects
OPIC, a US private development finance institution has extended support to India to build a low carbon economy and expand the internet infrastructure. It has sanctioned $421 million for India’s solar
ICRA foresees 7.7% growth for India in 2016-17
Rating agency ICRA forecasts India's gross domestic product (GDP) growth rate at 7.7 percent for next financial year 2016-17. The rating agency cites reasons for GDP growth rate to the implementation
Chinese Central Bank Governor Warns Over Rising Debt Levels
The Chinese central bank governor has warned over rising debt levels. To tackle the abnormal situation, the central bank feels necessity for promulgation of regulation guarding excessive leverage in f
Gold below $1,250/oz on profit booking
Profit booking pulled yellow metal on Monday below psychological mark-$1,250 an ounce. Gold price fell for four weeks in the past five weeks.
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