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China Evergrande shares halted; firm to release 'inside information'

The company is struggling to repay more than $300 billion in liabilities

Future Retail asks court to declare arbitration with Amazon illegal

The case will likely be heard by judges this week.

Indian factories end 2021 on strong note despite dip in momentum in Dec

The PMI survey results reinforce evidence of a continued recovery in Asia's third-largest economy from the coronavirus pandemic-induced slump.

India's December jobless rate hits 4-month high of 7.9%: CMIE data

India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy (CMIE) showed

Australia to push ahead with reopening amid record Covid-19 cases

Record daily case numbers were reported on Monday in the states of Victoria, Queensland, South Australia and Tasmania, as well as the Australian Capital Territory

At 7.2%, Singapore's 2021 GDP grows at fastest pace in over a decade

The city-state's economy grew 7.2% in 2021, preliminary data showed on Monday, broadly in line with the government's official projection and rebounding from the record 5.4% contraction in 2020

S Korea factory activity quickens but output, export orders shrink: PMI

Activity in South Korea's factories expanded at the fastest pace in three months in December but the economy struggled to gather momentum

LG Energy Solution targets $10.8 billion in S Korea's biggest-ever IPO

Korean battery maker LG Energy Solution has opened the books to investors to raise up to $10.8 billion in the country's largest ever

US Defense Secretary Austin tests positive for Covid-19, symptoms mild

Lloyd Austin will retain all authorities despite testing Covid positive as he is quarantined at home for the next five days

Oil starts new year on positive note, pandemic worries curb gains

Oil prices rose on Monday as the market kicked off 2022 on a positive note, although concerns over demand waning due to rapidly spreading Covid pandemic limited gains

Gold steady as rising bond yields counter Omicron-led Covid cases surge

Gold prices held steady on Monday as higher US Treasury yields offset safe-haven buying sentiment due to an Omicron-driven surge in Covid cases globally.

OPEC+ report sees short-lived, mild impact from Omicron variant

The report kept forecasts for the growth in oil demand in 2021 and 2022 unchanged at 5.7 million bpd and 4.2 million bpd respectively

OPEC to meet today to discuss appointment of new secretary general: Report

OPEC ministers are due to hold a meeting on Monday to discuss the appointment of a new secretary general, two OPEC sources said

Airlines grapple with Omicron-related disruptions to start off 2022

Spread of the Omicron variant has led to a sharp increase in Covid-19 infections, forcing airlines to cancel flights as pilots and crew quarantine

Gold marks yearly dip as central banks seek to wean economy off stimulus

Spot gold was last up 0.7% at $1,827.51 per ounce by 1:46 p.m. ET, after hitting a peak since Nov. 22 at $1,827.26 on Friday, helped by a retreat in the dollar and global equities

SWF and public pension fund assets in US hit record $31.9 trillion: Report

Assets held by the world's sovereign wealth and public pension funds rose to a record $31.9 trillion in 2021 thanks to rising US stock and oil prices

China Dec new home prices fall at slower pace compared to Nov: Survey

China's December new home prices declined at a slower pace compared with a month earlier, a private-sector survey showed on Saturday

Global stocks close near record highs ahead of New Year, dollar and oil dip

Equities around the globe traded little changed on Thursday as oil prices fell and the US dollar dipped against most major currencies

General Motors partners with POSCO to build NA battery materials plant

The move comes as GM is ramping up electric vehicle production and vowing to shift more of its supply chain to North America

US and other nations harden travel rules over Omicron, EU urges vaccination

Some 56 countries were reportedly implementing travel measures to guard against Omicron as of Nov 28