16h ago| Global Economy

Central Asia hit by large-scale power blackout

Millions of people were left without power after a huge blackout hit three Central Asian countries Tuesday following an unspecified accident, officials in the ex-Soviet region said.

16h ago| Global Economy

Green transition slowed by economic barriers, not technology

The big shifts in thinking and large-scale funding needed to drive a swift global transition to a climate-smart economy are far behind schedule, even if most of the technology required already...

16h ago| Global Economy

Singapore tightens monetary policy on inflation risks

Singapore’s central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move in seven years, as global supply constraints and brisk economic demand elevate inflation...

2d ago| Global Economy

South Korean economy faces downside risks: minister

The nation’s economy is heading toward uncertain territory due to a variety of factors at home and abroad which could restrict its growth, said Deputy Prime Minister and Finance Minister Hong Nam...

2d ago| Global Economy

Green logistics: the ultimate future in world economy

An eco-friendly transport system is inevitable in the ever-changing world where carbon emission is leading to global warming. It is the responsibility of the world leaders to get united and reach a...

2d ago| Global Economy

Bitcoin falls again

Bitcoin dropped again on Saturday and was last down around 4 per cent for the day, hovering around the $35,000 level.

January 26, 2022
January 26, 2022

Singapore tightens monetary policy on inflation risks

Singapore’s central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move in seven years, as global supply constraints and brisk economic demand elevate inflation...

January 26, 2022
January 26, 2022

Green transition slowed by economic barriers, not technology

The big shifts in thinking and large-scale funding needed to drive a swift global transition to a climate-smart economy are far behind schedule, even if most of the technology required already...

January 26, 2022
January 26, 2022

Central Asia hit by large-scale power blackout

Millions of people were left without power after a huge blackout hit three Central Asian countries Tuesday following an unspecified accident, officials in the ex-Soviet region said.

January 26, 2022
January 26, 2022

South Korea logs best growth in 11 years

South Korea’s economy grew in 2021 at the fastest pace for 11 years thanks to robust exports and strong activity in the service sector, the central bank said Tuesday.

January 26, 2022
January 26, 2022

German firms fear supply chain pain

German companies doing business in China are worried the Omicron coronavirus variant will trigger more strict lockdown measures from Beijing that could exacerbate supply chain problems, the DIHK...

January 25, 2022
January 25, 2022

Singapore reviews inflation forecasts as core prices soar

Singapore is reviewing its official inflation forecasts, authorities said on Monday, after data showed its key price gauge climbed in December by the fastest pace in nearly eight years, driven by a...

January 25, 2022
January 25, 2022

Palm prices seen lower in 2022 on output rise

Palm oil prices are set for another year of volatility and tight supply as Malaysia makes slow progress in tackling a labour crunch and government policies on green energy and food security spur...

January 25, 2022
January 25, 2022

Oil prices rise on supply fears

Oil prices rose on Monday on worries about supply disruption amid rising tensions in Eastern Europe and the Middle East, which could make an already tight market even tighter, while OPEC and its...

January 25, 2022
January 25, 2022

Gulf economies to grow faster in 2022, oil price fall biggest threat

The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll of economists who cautioned the risk to that outlook was...

January 25, 2022
January 25, 2022

EU plan to label gas and nuclear as green could mislead investors

The European Union’s draft plan to label gas and nuclear plants as green investments risks causing confusion and misstated financial disclosures, expert advisers to the bloc said amid criticism of...