Page 535 - Reuters/14

Adani's JV hires global team for Dharavi overhaul project in Mumbai

Dharavi, about three quarters the size of New York's Central Park, is a crowded area that houses thousands of poor families in cramped quarters in the centre of India's financial capital

7.4 magnitude earthquake hits western Japan; tsunami warning issued

The Japan Meterological Agency reported a quake hitting Ishikawa and nearby prefectures, one of them measuring a preliminary magnitude of 7.4

Foreign investments into Indian bonds reached six-year high in 2023

The U.S. 10-year bond yield has fallen to around 3.85% on rate cut hopes, widening the spread with its Indian peer to 335 basis points from around 240 bps in late October

Xi declares Taiwan 'reunification' inevitable in China's future plans

China considers Taiwan to be its "sacred territory" and has never renounced the use of force to bring it under Chinese control

North Korea to launch new satellites, build drones, calling war inevitable

Kim lashed out at Washington in lengthy remarks wrapping up five days of ruling party meetings that set economic, military and foreign policy goals for the coming year

Maersk pauses Red Sea sailings after Houthi attack on container ship

The attack was the latest by Houthi militants in Yemen, who have been targeting vessels in The Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza

Israeli jets pound central Gaza as Netanyahu indicates longer war

A Red Crescent video published on Sunday showed the chaotic aftermath of strikes in central Gaza, as rescuers worked in the dark to carry an injured child from smoking rubble

Oil prices set to end year 10% lower as demand concerns snap winning streak

Both benchmarks are set to end 2023 about 10% lower after two years of gains as geopolitical concerns and oil production cuts drove wild fluctuations in prices

Western assets will meet same fate if Russian assets are seized: Kremlin

Leaders of the Group of Seven major industralised nations will discuss a new legal theory that would enable the seizure of frozen Russian assets when they meet in February

Gold price sits above $2,000 per ounce, heading for best in last 3 years

Gold investors anticipate record-high prices next year, when the fundamentals of a dovish pivot in U.S. interest rates are expected to support the market

Indian shares, bonds likely to continue rallying in 2024 on foreign inflows

Banks, information technology firms and metals will lead India's stock rally, with some push from defence and renewables, a market expert said

Fuel retailers hike ethanol procurement prices by Rs 6.87: Oil ministry

The new purchase price of 56.28 rupees per litre is aimed at boosting production of ethanol, which is used for blending with petrol

Iran executes four accused of sabotage, links to Israel's Mossad

The executions took to five the number of people put to death this month in a decades-long shadow war that has seen Iran accuse Israel of attacks on its nuclear effort

Oil prices to end year 10% lower as demand concerns snap winning streak

Brent crude futures were up 33 cents, or 0.4%, at $77.48 a barrel at 0756 GMT on Friday, the last trading day of 2023

Fog, haze in China as New Year travellers brace for potential disruptions

Central Meteorological Observatory issued first red alert for fog since 2017. Conditions were expected to improve from Saturday evening, when a cold wave of air is expected to blow over the country

Baidu's ChatGPT-like Ernie Bot has more than 100 mn users: CTO Haifeng

The user base milestone, announced at a deep learning summit in Beijing, comes after the search engine giant opened Ernie Bot to the public in August

US allies reluctant on Red Sea task force to counter Houthi rebel attacks

Two of America's European allies who were listed as contributors to Operation Prosperity Guardian - Italy and Spain - issued statements appearing to distance themselves from the maritime force

Biggest 2-month rally in decades rescues beaten-up bond markets

The US 10-year Treasury yield, the benchmark for borrowing costs globally, has dropped 50 basis points (bps) in December after falling 53 bps in November. Its two-month fall is the biggest since 2008

Dollar dips across board as traders stay fixed on US rate cuts next year

The dollar index, which measures the U.S. currency against six rivals, fell to a fresh five-month low of 100.61. The index is on course for a 2.7% decline this year

China aims to build more than half of world's cleaner-fuel ships by 2025

It did not give any estimates of the number of ships involved but said China would build more vessels powered by lower-carbon fuels as part of Beijing's push to become carbon neutral by 2060