Page 249 - Reuters

HSBC, IFC launch $1 bn trade finance programme for emerging markets

Demand for trade finance far outpaces supply, especially in emerging markets, with the global trade finance gap last estimated at $2.5 trillion, according to a report from the Asian Development Bank

Donald Trump to discuss ending childhood vaccination programs with RFK Jr

Robert F. Kennedy Jr is US President-elect Donald Trump's nominee to run the Department of Health and Human Services

British trader gets 12 years' jail in Denmark for 'cum-ex' tax fraud

Shah has denied any wrongdoing, arguing earlier in court that he used a legal loophole, which meant the trades did not break the law, and that he should be acquitted

ECB cuts rates 25 bps to 3% amid worsening growth outlook for Euro zone

The ECB has been easing policy as inflation worries largely evaporate and the debate shifts to whether it is cutting rates fast enough to support an economy that is lagging global peers

Oil little changed as IEA surplus forecast offsets rate cut optimism

Global oil demand rose at a slower-than-expected rate this month, but has remained resilient, analysts at JPMorgan said in a note on Thursday

Samsung accuses India watchdog of detaining employees, seizing data

3 Samsung employees were present in the vicinity of the search when the watchdog's officials detained them, seized their phones and copied all the confidential and privileged data, the company said

Govt may soon decide whether to curb steelmaking raw material imports

The trade ministry's Directorate General of Trade Remedies (DGTR) said in April the curbs were meant to protect domestic met coke producers from rising imports, which have increased by more than 61%

Trump crypto venture likely used by criminals, Iran-backed militants

World Liberty Financial Inc founded by the Witkoff family two months before November's US election with Trump as a financial beneficiary

Rupee falls to an all-time low, RBI intervention counters bearish tilt

While dollar-rupee forward premiums rose on Thursday in reaction to the heightened odds of a Fed rate cut and on the back of an elevated USD/INR overnight swap rate, they were pegged by the central

RBI's forex swaps, arbitrage spur inversion of rupee forward premiums curve

The implied yield on near-maturity forwards is now higher than on longer-term forwards for the first time this year

Govt announces formula for classifying green steel based on emissions

Steel produced with emissions below 1.6 tonnes per tonne of alloy would be classified as 'five-star green-rated steel', the cleanest of the three

Russia to boost AI clout despite West's sanctions, says Sberbank's Dy CEO

Sberbank is spearheading AI development in Russia, which currently ranks 31st of 83 countries by AI implementation

Rosneft, Reliance agree on biggest ever India-Russia oil supply deal

The 10-year agreement amounts to 0.5 per cent of global supply and is worth roughly $13 billion a year at today's prices

Korean Air completes Asiana takeover to form one of Asia's biggest airlines

Korean Air acquired a 63.88 per cent stake in Asiana on Thursday, making it a subsidiary three years later than the smaller airline had initially anticipated

US solar industry shifts focus from climate in strategy for Trump era

The policy agenda marks a stark shift in tone for the solar sector, which is a major beneficiary of subsidies contained in outgoing President Joe Biden's landmark 2022 climate change law

China to expand private pension scheme from Dec 15 for ageing population

Those covered by public pension insurance will be allowed to open private pension accounts and invest up to 12,000 yuan

Oppn tried to destroy country; I will fight to the end: South Korea's Prez

South Korean President said the opposition was "dancing the sword dance of madness" by trying to drag a democratically elected president from power

After Assad's ouster, Syrian rebel leader puts his stamp on the state

The appointment of Mohammed al-Bashir as Syria's new interim prime minister on Monday underlined the group's status as the most powerful of the armed groups

US asks court to reject TikTok's bid to stave off law that could ban app

TikTok and ByteDance on Monday filed the emergency motion with the US Court of Appeals for the District of Columbia pending a review by the US Supreme Court

Asian stocks rise on Fed cut hopes, Aussie soars on strong jobs data

The Australian dollar surged after employment data topped estimates by a wide margin