Gold prices consolidated in a tight range on Thursday, hovering close to a near seven-month high, as investors awaited a key inflation print to gauge whether interest rate cuts in the U.S. would come sooner than previously expected.
Singapore-based BW LPG will invest $30 million in Confidence Petroleum India through preferential allotment of shares, and form a joint venture to develop LPG import infrastructure, the companies said on Thursday.
Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, has put its U.S. initial public offering (IPO) on hold due to a mismatch in valuation expectations, according to two sources with direct knowledge of the matter.
Sri Lanka's in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.
Netball Australia (NA) may miss out on A$18 million ($11.94 million) in public funding amid an ongoing pay dispute with players from the country's professional Super Netball league.
India on Wednesday launched the first part of its critical minerals auction worth an estimated 450 billion rupees ($5.40 billion), the country's mines minister said.
Bhutan began voting on Thursday in the preliminary round of national elections to choose two political parties that will contest the fourth free vote since democracy was established in the Himalayan kingdom 15 years ago.
Dayamitra Telekomunikasi, the telecommunications infrastructure unit of Indonesia's biggest firm in the sector Telkom Indonesia, has acquired 803 towers worth 1.75 trillion rupiah ($113.01 million), the company said in a statement on Thursday.
(RTTNews) - Cigna Group (CI) and Humana Inc. (HUM) are in discussions on a cash-and-stock deal that could be finalized by the end of the year, the Wall Street Journal reported citing people familiar with the matter.
Dalian iron ore futures snapped a five-day decline on Thursday, reflecting market participants' optimism over Beijing's efforts to revitalise the property sector.
Australia faces an increased risk of bushfires during the approaching summer, authorities warned on Thursday, with the El Nino weather pattern expected to generate hotter and drier conditions across large swathes of the country.
(RTTNews) - Following the mixed cues from global markets overnight, Asian stock markets are also trading mixed on Thursday, as traders reacted to a raft of domestic economic data amid the lack of major cues from the global markets. They also await key U.S. inflation data later in
London copper prices rose on Thursday as slowing manufacturing activities in China raised hopes for more stimulus from the government and amid supply concerns from Panama.
Occidental Petroleum is in talks to buy CrownRock in a deal that could value the company well above $10 billion including debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Microsoft will take a non-voting, observer position on OpenAI's board, CEO Sam Altman said in his first official missive after taking back the reins of the company on Wednesday.
(RTTNews) - Higher GIFT Nifty points to a positive start for stocks in the Indian market on Thursday. The session will mark the debut of Tata Technologies, Gandhar Oil and Fedbank Financial Services.
Japanese robot maker Yaskawa Electric is considering investing around $200 million in the United States, its president said, with an eye to making its industrial robots there for the first time.
Asian stocks were poised to clock their strongest performance in 10 months at the end of Thursday's trading, even as most regional stock markets opened listless after mixed messages from the Fed and a similar struggle in U.S. stocks overnight.
Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over.