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MUMBAI: Gold exchange-traded funds (ETFs) are popular again, as risks to the global economy escalate even as jewellery sales languish in the world’s second-biggest consumer of the precious metal.
LONDON: Royal Dutch Shell is cutting the pace of its vast $25 billion share buyback programme after lower oil and natural gas prices halved its profit in the last three months of 2019, sending its shares to their lowest since July 2017.
SAN FRANCISCO/WASHINGTON (Reuters) - The outbreak of a new virus that originated in the central-Chinese city of Wuhan is likely to slow China's economic growth at least in the near term and could hurt its trading partners around the world.
JAKARTA: Foreign direct investment (FDI) into Indonesia in 2019 fell short of the target, but the country’s investment board chief is confident plans for regulatory changes will boost investors’ interest in South-East Asia’s largest economy.
HONG KONG (AP): Shares advanced in most European and Asian markets on Wednesday (Jan 29) after a rebound on Wall Street reversed most losses from a sell-off the day before.
JAKARTA: Foreign direct investment (FDI) into Indonesia in 2019 fell short of the target, but the country's investment board chief is confident plans for regulatory changes will boost investors' interest in Southeast Asia's largest economy.
SHANGHAI: China’s foreign exchange regulator has urged companies to strengthen their risk management systems to lessen the impact from rising two-way volatility in the Chinese yuan.
PETALING JAYA: Investor predisposition towards environmental, social and governance (ESG) investing in Asia-Pacific is rising rapidly, but investment adoption and application methods differ across the region.
NEW YORK: Two Federal Reserve policymakers on Tuesday made clear that they back the central bank's current stance, echoing words by other policymakers last week that interest rates are in a sweet spot heading into 2020 and that the bar to cutting or raising them will be high.
TOKYO: Japan's economy expanded at a much faster-than-initially-reported pace in July-September, driven by resilient domestic demand even as exports took another hit from slowing global growth and rising trade tensions.