Page 231 - Reuters

BPCL buys Middle East crude oil to replace declining supply from Russia

India became a top buyer of Russian seaborne oil after the European Union shunned purchases and imposed sanctions on Moscow following its invasion of Ukraine in 2022

Philippines' Marcos signs into law record $109 billion budget for 2025

The spending is higher than a projection of 6.18 trillion pesos announced earlier this month, when revenue was forecast at 4.64 trillion pesos and the budget deficit at 5.3 per cent of GDP

South Korea orders air safety probe after country's worst crash kills 179

Top priority for now is identifying the victims, supporting their families and treating the two survivors, Choi told a disaster management meeting in Seoul

Martial law row: South Korea investigators request arrest warrant for Yoon

It is the first time that an arrest warrant has been sought for a sitting president in South Korea

Oil prices inch lower in thin trade, investors eye China and US data

Brent crude futures fell 6 cents to $74.11 a barrel by 0111 GMT while the more active March contract was at $73.73 a barrel, down 6 cents

World leaders mourn passing of longest-serving former US Prez Jimmy Carter

According to the Carter Center's statement from February 2023, after a series of hospital stays, the former US President decided to stop further medical treatment and spend his remaining time at home

Chinese Salt Typhoon hackers target AT&T, Verizon but networks secure

An independent and highly respected cyber security firm has confirmed the containment, Verizon said

Experts question bird strike as cause of fatal Jeju air crash in S Korea

South Korean officials said they were investigating the cause of the crash of Jeju Air Flight 7C2216, including a possible bird strike

Crashed plane was shot at from Russia, says Azerbaijan Prez Ilham Aliyev

President Vladimir Putin on Saturday apologised to Aliyev for Wednesday's "tragic incident" in Russian airspace involving the plane after Russian air defences engaged Ukrainian attack drones

ECB likely to delay next rate cut due to recent increase in inflation

Euro zone annual inflation accelerated in November to 2.2 per cent from 2.0 per cent a month earlier and above the ECB's 2 per cent target rate

Passengers claim hearing bangs before Azerbaijan plane crash that killed 38

Previous disasters include the shooting down of Ukraine International Airlines Flight PS752 in 2020 by Iran's traders. Revolutionary Guards, killing all 176 people on board

US goods trade gap widens to $102.9 bn in November on rebound in imports

The goods trade gap increased to a seasonally adjusted $102.9 billion last month from $98.3 billion in October, the Commerce Department's Census Bureau said on Friday

HomeStreet Bank offloads $990 mn multifamily loans to BofA in profit push

The deal marks a major milestone for HomeStreet as it maps out a path to profitability after four consecutive quarters of adjusted losses

India extends mandate for imported coal plants to run at full capacity

India's coal-fired power output had fallen for a second straight month in September due to slower growth in electricity use and a surge in solar generation

Current account deficit narrows to at $11.2 bn in July-September: RBI

The current account deficit stood at $11.2 bn, or 1.2 per cent of GDP in the reporting quarter, compared with a revised deficit of $11.3 bn or 1.3 per cent of GDP in the same quarter a year ago

Govt 10-year bond yield inches marginally higher as currency slide pinches

The Indian rupee plunged against the US dollar on Friday, ending at a record low of 85.53, posting a slump of 0.3 per cent - the biggest for a single session in nearly seven months

Taiwan's science ministry warns chip, AI funding cuts could impact tech

Taiwan's Ministry of Science and Technology estimate comes after the Ministry of Economic Affairs on Tuesday warned that the country's collaboration with tech companies, such as Micron , AMD, Nvidia

Forex reserves drop to over seven-month low of $644.39 bn as of Dec 20

The reserves declined by $8.5 billion in the reporting week, logging their biggest weekly fall in over a month. They had declined by a total of $5.2 billion in the prior two weeks

Gold set for weekly gains amid geopolitical uncertainty in West Asia

Spot gold fell 0.3 per cent to $2,625.78 per ounce, as of 1100 GMT. Bullion has gained 0.2 per cent so far this week. US gold futures were down 0.5 per cent to $2,641.30

Oil prices rise on China stimulus hopes; Brent, WTI set for weekly gain

However, a stronger US dollar capped oil price gains. The US currency has been boosted by expectations that the incoming Donald Trump administration's policies will boost growth and lift inflation