Business

Image for Japan's cabinet approves record $730 billion budget for next fiscal year

Finance

Japan's Cabinet Approves Record $730 Billion Budget for Next Fiscal Year

Image for Yen hovers near 5-month low as BOJ's cautious stance weighs

Finance

Yen Hovers Near 5-month Low as BOJ's Cautious Stance Weighs

Image for Asian stocks drift, yen at 5-month low in thin year-end trading

Finance

Asian Stocks Drift, Yen at 5-month Low in Thin Year-End Trading

Image for Oil prices set for weekly gain on China stimulus optimism

Finance

Oil Prices Set for Weekly Gain on China Stimulus Optimism

Image for China's industrial profits decline at slower pace in Nov

China's Industrial Profits Decline at Slower Pace in Nov

Date: December 27, 2024

BEIJING (Reuters) - China's industrial profits fell at a slower clip in November, official data showed on Friday, as policymakers pledged stronger support to prop up a faltering economic recovery. The...

Image for South Korea’s Shinsegae to set up joint venture with Alibaba International

South Korea’s Shinsegae to Set up Joint Venture With Alibaba International

Date: December 26, 2024

By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket, it said in a regulatory filing. AliExpress Korea...

Image for Moldova backs defence strategy calling for increased spending

Moldova Backs Defence Strategy Calling for Increased Spending

Date: December 26, 2024

By Alexander Tanas CHISINAU (Reuters) - The Parliament in ex-Soviet Moldova, controlled by pro-Western lawmakers, approved a 10-year defence strategy on Thursday calling for increased defence spending...

Image for Iran's Pezeshkian to visit Moscow Jan 17, RIA reports, citing Iranian envoy to Russia

Iran's Pezeshkian to Visit Moscow Jan 17, Ria Reports, Citing Iranian Envoy to Russia

Date: December 26, 2024

MOSCOW (Reuters) - Iranian President Masoud Pezeshkian is set to visit Moscow on Jan. 17 and sign a cooperation agreement with Russian President Vladimir Putin, Russian state news agency RIA cited...

Image for Putin says there is no time to sign new Ukraine gas transit deal this year

Putin Says There Is No Time to Sign New Ukraine Gas Transit Deal This Year

Date: December 26, 2024

MOSCOW (Reuters) - President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the...

Image for Dollar edges up on bets of US growth, inflation

Dollar Edges up on Bets of US Growth, Inflation

Date: December 26, 2024

By Karen Brettell NEW YORK (Reuters) - The U.S. dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming Donald Trump administration that are...