In a major shift, Japex to prioritise oil and gas investment through 2030

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TOKYO: Japan Petroleum Exploration (Japex) is prioritising investment in oil and gas exploration and production (E&P) through 2030 - revising an earlier plan to aggressively...

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Vietnam says to revise up 2025 GDP growth target to 8.0% from 6.5%-7.0%

February 11, 2025February 11, 2025

HANOI : Vietnam will officially revise up its gross domestic product growth target for 2025 to 8.0 per cent from 6.5 per cent-7.0 per cent,...

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Trump’s crypto company launches strategic ‘token reserve’

February 11, 2025February 11, 2025

NEW YORK: World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic...

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Japan Q4 GDP seen growing despite weak consumption: Reuters poll

February 6, 2025February 7, 2025

TOKYO: Japan's economy probably expanded in the final three months of 2024 marking a third quarter of consecutive growth, a Reuters poll showed, as strong...

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India’s central bank delivers first rate cut in nearly 5 years

February 6, 2025February 7, 2025

MUMBAI : The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide...

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Wall Street regulator revokes accounting guidance on crypto assets

January 23, 2025January 23, 2025

The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's...

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Bezos sees no threat from Musk-Trump ties in space race

January 12, 2025January 12, 2025

CAPE CANAVERAL, Florida: Jeff Bezos in an interview with Reuters on Sunday said he does not think SpaceX CEO Elon Musk will use his close...

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AI data centres to bolster renewable energy demand even under Trump, says MUFG Americas CEO

December 20, 2024

TOKYO : The broad shift towards renewable energy in the U.S. will continue even under the incoming administration of Donald Trump, said the head of...

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Japan’s government ‘alarmed’ by recent forex moves, top officials say

December 20, 2024December 20, 2024

TOKYO : Top Japanese finance officials said on Friday the government is "alarmed" by recent foreign exchange moves and is ready to intervene if speculative...

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‘President Musk’ makes presence felt in Washington, attacks bipartisan Congress deal to avoid US government shutdown

December 19, 2024December 20, 2024

WASHINGTON: Elon Musk’s role in wrecking a bipartisan Congress deal to avert a US government shutdown has underlined his extraordinary influence over the Republican Party...