Page 1047 - Reuters%20

India to use revenue surge to fund welfare programmes, says report

Govt will not utilise a big bump in revenue collection to beat its fiscal deficit target or lower borrowing, say govt sources

Dollar hits more-than 1-year high after US jobs data; sterling tumbles

Nonfarm payrolls increased by 531,000 jobs last month as the surge in COVID-19 infections over the summer subsided

Questions-and-answers site Quora prepares for IPO in early 2022: Report

Quora has in recent days held talks to hire investment bankers and lawyers for a stock market debut in New York, say sources

US job growth picks up in October; unemployment rate falls to 4.6%

The faster pace of hiring shows that more Americans returned to workplaces as Covid-19 cases declined

DBS posts third-quarter profit jump, Singapore banks flag recovery

Friday's result rounded out a robust quarter for Singapore banks

Analysis: Indonesia, India beckon as US Fed tapers without tantrums

Investors say this time is different as they lay bets on sparkling returns

Chinese developer Kaisa suspends shares as property debt crisis worsens

The Shenzhen-based homebuilder said it was facing unprecedented liquidity pressure

JPMorgan cuts China growth forecast for fifth time since August

JPMorgan cuts its fourth quarter growth forecast for China to 4.0% quarter-on-quarter from 5.0% on Friday, citing the impact of power shortages and the recurrence of COVID-19

Dollar holds gains ahead of US jobs data; sterling tumbles

Investors will be closely watching fresh U.S. labour market data due later on Friday, which could sway the timing of Federal Reserve interest rate increases.

Asia LNG prices slip below $30/mmBtu as supply improves in Europe

By Jessica Jaganathan

Chinese banks quicken home loan disbursement but caution prevails

Some Chinese banks have sped up the disbursement of home loans in some cities, a relief to cash-strapped developers anxious to complete sales

Oil rises after OPEC+ rebuffs US call to boost output; Brent crude past $80

OPEC+ group of major producers agreed to stick to their plan to raise oil output by 400,000 barrels per day from December ignoring calls from US President Joe Biden for extra output to cool prices

Asia tourism reopens with big-spending Chinese stuck at home

China, previously the world's largest outbound tourism market, is keeping international air capacity at just 2% of pre-pandemic levels and has yet to relax tight travel restrictions

Bollywood stars return to India's big screens after more than a year

Hardly any Bollywood movies have been released in theatres since then, with many producers preferring to release their films on streaming platforms like Amazon's Prime Video , Netflix and Disney

Global share rally pauses as China property weighs, US data loom

Share markets globally are in strong form and MSCI's gauge of stocks across the world hit an all-time high on Thursday, posting its fourth consecutive record closing high

Honda Motor lowers profit outlook for a second time amid chip shortage

Honda Motor Co cut its full-year profit forecast as a persistent global shortage of semiconductors forces it to cut vehicle production and rising steel and material prices eat into profit margins.

Party's over: Diwali leaves Delhi wheezing in dangerously unhealthy air

The Air Quality Index surged to 451 on a scale of 500 - the maximum recorded this year - indicating 'severe' conditions that affect healthy people and seriously impacts those with existing diseases

Oil prices gain after OPEC+ producers hold firm on supply

Brent crude rose 53 cents or 0.7% to $81.07 a barrel by around 0805 GMT, after falling nearly 2% on Thursday

Analysis: Indonesia, India beckon as US Fed tapers without tantrums

Last time the Federal Reserve moved toward reducing bond buying, it triggered a rush of funds out of emerging markets. This time is different, investors say.

US job growth accelerates in October as headwind from Covid surge subsides

US job growth likely accelerated in October as the headwind from the surge in COVID-19 infections over the summer subsided