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Ukraine's creditors agree two-year freeze on $20 billion overseas debt

With no sign of peace or a ceasefire on the horizon nearly six months after Russia's invasion began, holders of around 75% of the outstanding total agreed to Kyiv's proposal

LNG traders absorb huge losses as supply outages hampers European store

Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a LNG supply gap after several outages hampered efforts to fill European storage

New credit rating rules could see 100 Indian ICRA-rated firms downgraded

The companies likely to be affected are mostly in the power, healthcare, engineering, construction and roads sectors

Copper hits five-week high after US data undershoots, dollar slides

Three month copper on the London Metal Exchange gained 1.3% to $8,089 a tonne by 1630 GMT, the highest since July 1, after earlier easing to $7,889

Fed seen delivering half-point rate hike in Sept as inflation eases

Traders now expect increases in the Fed's policy interest rate to top out in December at 3.25%-3.5%

Ripple Labs interested in bankrupt crypto lender Celsius' assets

Ripple has continued to grow through the crypto market turmoil and "is actively looking for M&A opportunities to strategically scale the company," the spokesperson said.

Ukraine's creditors agree on two-year freeze on $20-bn overseas debt

Ukraine said it would save around $5 billion over the next 24 months as it manages its dwindling financial resources.

iPhone assembler Foxconn feels the sting of slowing smartphone sales

The comments from the Taiwanese company, the world's largest contract electronics maker, echo those from other Asian tech firms that have warned of a drop in sales of smartphones, TVs and gadgets

Wall Street: S&P, Nasdaq jump 2% as cooling inflation eases rate hike bets

Fed now seen delivering 50 bps hike in September; US consumer price growth unchanged for July; Musk sells Tesla shares worth $6.9 bn; volatility index hits lowest in over 3 months

SoftBank to book $34-bn gain on Alibaba shares; reduce stake to 14.6%

The transaction 'will be able to eliminate concerns about future cash outflows, and furthermore, reduce costs associated with these prepaid forward contracts', SoftBank said

Musk sells Tesla shares worth $6.9 bn, cites chance of forced Twitter deal

Shares of the microblogging site rose 3.5% to $44.35 in premarket trading, but were still trading significantly below Musk's offer price of $54.20 per share

Gold bounces above $1,800 after US inflation data; spot gold up 0.6%

US consumer prices did not rise in July, due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for Americans who have watched inflation climb over the past two years

Dollar tumbles after cooler-than-expected US July inflation data

Economists polled by Reuters had forecast a 0.2% rise on the heels of a roughly 20% drop in the cost of gasoline

Oil prices slip as US crude stockpiles rise, eyes on US inflation data

Oil prices fell on Wednesday ahead of a key U.S. report on inflation and after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

Indian companies swapping dollar for Asian currencies to buy Russian coal

Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the U.S. dollar.

Dollar trades solidly in calm before inflation data storm; rate hike likely

Economists expect year-on-year headline inflation running at a scorching 8.7%, a small retreat from June's whopping 9.1% figure

JSW Energy unit to buy $1.3 billion renewable assets from Mytrah Energy

India's JSW Energy said on Wednesday that its unit JSW Neo Energy has agreed to buy some renewable energy capacity from Mytrah Energy (India) for about 105.30 billion rupees ($1.32 billion).

Oil prices see-saw, settle on Russian pipeline constraints, recession fear

Crude prices have been under pressure for weeks as fears mounted that a recession could cut oil demand

Boeing deliveries slip to five-month low of 26 airplanes in July

July's Boeing data does, however, underscore industrial snags testing the aerospace industry after Airbus reported lower July deliveries on Monday

Russia launches Iranian satellite into orbit from southern Kazakhstan

Iran says the satellite is designed for scientific research including radiation and environmental monitoring for agricultural purposes