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In food protection move, Malaysia bans poultry exports to ease inflation

Malaysia ban poultry export: In the latest food protection move will halt exports of 3.6 million chickens a month from June 1 and investigate allegations of cartel pricing.

US must be 'strategic' on removing Chinese tariffs, says trade chief Tai

The Biden administration took the first step toward a review of tariffs on more than $300 billion in Chinese imports.

Chinese economic recovery faces new hurdle in rising power costs

China's economic miracle rested partly on cheap and abundant coal power. But since last year local officials have been allowed to raise electricity tariffs for industrial users

Billionaires Adani, Ambani at a turning point in their rivalry in India

While both would like markets to reward them for scripting India's future in renewable energy, what's ticking for them right now is all the polluting stuff in short supply

Adanis commit $75 million in Borouge's $2-billion IPO, says report

Seven cornerstone investors have agreed to subscribe for $570 million worth of shares in the IPO

Stock sell-off to intensify as fresh 10% plunge looms, finds survey

With the S&P 500 flirting with a bear market last week and notching more than $1 trillion in losses, participants in the latest MLIV Pulse survey reckon there's more pain to come

JPMorgan warns India earnings optimism overdone as stocks falter

The warning comes as sell-side analysts estimate overall earnings per share for companies in the benchmark NSE Nifty50 Index to rise almost 17 per cent over the next 12 months

Logistics firm Delhivery tests mood for India IPOs after LIC's muted debut

Delhivery is set to list on Tuesday after an initial public offering (IPO) that raised Rs 5,235 crore ($684 million) - India's second-largest this year after LIC's milestone deal

Cloud company VMware's shares surge 15% after Broadcom takeover talks

Shares in VMware rose 15% in premarket trading on Monday, which would give the company a market value of about $46 billion.

Missing at WEF in Davos this year: Billionaire stars, snow, and excitement

World Economic Forum's guest list is hundreds of names shorter, with many titans of finance conspicuously absent.

How shipping industry's $500 bn profit can help it take on Amazon, FedEx

By the end of 2022, the container-shipping industry will have earned a staggering half a trillion dollars of operating profit from two years of supply-chain misery, estimates Drewry

WEF at Davos needs to identify solutions instead of just problems

On paper, the upcoming Davos meeting would be perfectly suited for resolving these conflicts. History, however, does not provide much encouragement or optimism

After $5 trn rout, emerging markets seek turnaround signal from investors

The combined equity values of the 24 nations classified as emerging markets by MSCI Inc. has fallen $4 trillion since a peak in early 2021

Economic turmoil in Sri Lanka is small preview of a global default crisis

In Sri Lanka, pharmacies are running out of medicine; and hospitals are dangerously short of lifesaving drugs and devices

Oil ticks higher as traders weigh tight fuel market, slow global growth

West Texas Intermediate climbed above $111 a barrel following four weekly gains, the longest such run since February.

China, climate & inflation: New Australian PM has his task cut out

Albanese seized upon the rising cost of living as a key issue in his attack on the outgoing coalition govt

China foreign minister says USA's Indo-Pacific strategy 'doomed to fail'

Its aim is to gang up and create 'small circles' in an attempt to contain China, says Wang Yi's ministry.

'I'm not a billionaire anymore': Another crypto tycoon sees fortunes sink

Buterin created Ethereum in 2014 and is the owner of a digital wallet that as recently as November contained holdings worth about $1.5 billion

Govt considering Rs 1 trn extra borrowing to offset fuel-tax cut: Report

The loss to the exchequer due to the recent excise duty cuts will have to be borne through additional market borrowings, says Bloomberg.

Putin's war in Ukraine ends decades of Russian money, influence at Davos

Vladimir Putin during day one of the World Economic Forum in Davos, 2009. (Photo: Bloomberg)