What is Britain’s Post Office scandal?
One of Britain's biggest miscarriages of justice, the wrongful conviction of hundreds of Post Office workers due to faulty software, has exploded...
Oil slides as Saudi price cuts counter Middle East worries
Oil prices fell by more than 2% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in...
India orders new drug-making standards after overseas deaths
Indian pharmaceutical companies must meet new manufacturing standards this year, according to a government notification released on Saturday, although small companies have...
Exclusive: Iran’s oil trade with China stalls as Tehran demands higher prices
China's oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply...
China’s BYD overtakes Tesla as world’s biggest EV maker in Q4 2023
BYD sold 526,400 EVs in the last three months of 2023, beating Tesla’s record of 484,500 deliveries during the same period
China’s top banks tighten exposure to smaller peers to curb credit risk
Some of China's top banks have sharpened scrutiny of smaller peers' asset quality and have tightened standards for interbank lending, three sources...
For investors, 2024 is year of transition to a new economic order
Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them. Markets...
Sales of Indian SUVs soar, smaller cars skid in December
Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data from Indian automakers showed...
Oil prices set to end year 10% lower as demand concerns snap winning streak
Oil prices are set to end 2023 about 10% lower after two years of gains as geopolitical concerns, production cuts and central...
Oil edges up as investors eye Middle East tensions and US rate cut
Oil edged higher on Tuesday, finding support from geopolitical tensions in the Middle East and investor optimism that the U.S. Federal Reserve...
China identifies second set of projects in $140bn spending plan
China's top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster...
China to curb gaming spend; Tencent, NetEase plunge
Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a...
Can China get its economic miracle back on track in 2024?
China's disappointing post-COVID recovery has raised significant doubts about the foundations of its decades of stunning growth and presented Beijing with a...
Global coal use at all-time high in 2023 – IEA
Global coal use is expected to reach a record high in 2023 as demand in emerging and developing economies remains strong, the...
IMF chief stresses regulatory measures for mitigating cryptocurrency risks
The intention behind regulations is not to stifle innovation but to provide guidance and spur responsible innovation, Kristalina Georgieva clarifies