Analysts at Bernstein set a $150 price target for Tesla stock, indicating 38% downside. The company is facing a demand problem due to its narrow and

TOKYO :The Bank of Japan should gradually raise short-term interest rates and make its bond yield control policy more flexible, if inflation stays around its 2 per cent target and is accompanied by sustained wage growth, the OECD said on Thursday.While the BOJ made tweaks to its yield curve control (YCC) last

Property Investors Federation says rates and insurance increases meant landlords had no choice but to pass on costs to their tenants.

Mortgage demand is getting a boost from slightly lower interest rates, but the housing market is still extremely slow.

Petrol prices have plummeted in Whangārei following the arrival of a cut-price outlet in what used to be New Zealand's most expensive city for tanking up.

SINGAPORE: Saudi Aramco has notified at least three North Asian buyers that it will supply full contractual volumes of crude oil in January 2024, people with knowledge of the matter said on Monday (Dec 11). The top oil exporter announced in early December that it will roll over its voluntary cut of 1 milli

The UK is facing a shortfall of 200 million litres of water by 2038 as demand outstrips supply with Affinity Water backing eight policy recommendations to stop the issue occurring.

USD/CHF retraces its recent gains that registered on Friday, trading around 0.9120 during the European session on Monday.

After days of shaving off the edges of key warming issues, climate negotiators Tuesday are zeroing in on the tough job of dealing with the main cause of what’s overheating the planet: fossil fuels.

Here's what OPEC+'s latest round of production cuts means for prices at the gas pump.

By Natalie Grover and Robert Harvey LONDON (Reuters) - Oil prices rose by more than 1% on Thursday in anticipation of the outcome of an OPEC+ meeting with potential further supply cuts in 2024 on the

There’s good news for Kiwi motorists with a slump in oil prices pointing to a pre-Christmas fall in the cost of petrol. Crude oil prices fell this...

SINGAPORE: Saudi Aramco has notified at least three North Asian buyers that it will supply full contractual volumes of crude oil in January 2024, people with knowledge of the matter said on Monday (Dec 11). The top oil exporter announced in early December that it will roll over its voluntary cut of 1 milli

The number of married couples applying for divorce in England and Wales have plummeted to their lowest level in 50 years, data shows.

The recent reporting season has been mostly disappointing with a few bright spots to lift the market.

Minister Charlie McConalogue says they are instead looking to tech fixes, methane reduction from burps and genetic engineering of animals to reduce the climate impact of meat and dairy

Markets largely expect that the Fed has stopped raising rates and will start cutting in 2024.

By Brijesh Patel (Reuters) - Gold prices edged up and held above the key $2,000 level on Wednesday, supported by prospects of interest rate cuts from the Federal Reserve next year, while investors

Egypt's pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.

Analyst says stocks closed under pressure after a meagre 100 basis point cut in its policy rate to 19.5pc to ease inflationary pressures.

Springtime is spreading across the country. You can see it as daffodil, camellia, tulip and other blossoms start to emerge.

Uncertainty hovers over what major oil-producing nations — collectively known as OPEC+ — will decide when they meet on Thursday in a bid to halt a continuous slump in prices. Amid stuttering global economic growth, analysts expect OPEC+ — the 13 OPEC members headed by Saudi Arabia and 10 partners led by Russia — to […]

Demand is surging as traders bring forward their expectations for long-awaited rate reductions next year.

The U.K. mining giant is seeking to save $1.8 billion between 2023 and 2026

OTTAWA – Canada is poised to outline a federal emissions cap on the oil and gas sector using a cap-and-trade system that would begin as early as 2026, says a federal government source.

SHANGHAI/SINGAPORE : China's central bank is expected to ramp up liquidity injections while leaving the key interest rate unchanged when it rolls over maturing medium-term policy loans on Friday, a Reuters survey showed.Among thirty-two market participants polled this week, 29 or 91 per cent expected the

The ETF boom is making the stock market a lot more jittery and distorting prices, according a recent study. Increasing ownership of passive ETFs has

Bank of Japan (BoJ) Governor Kazuo Ueda continued to speak on monetary policy during his appearance on Thursday.

By Gloria Dickie and Kate Abnett DUBAI (Reuters) - A Dutch-led coalition of a dozen nations committed on Saturday to publish an inventory of their own fossil fuel subsidies within a year, with the aim

Oil prices rose in early Asian trade on Thursday, extending gains from the previous session following a bigger-than-expected weekly withdrawal from U.S. crude storage and signaling from the U.S. Federal Reserve that it would start lowering borrowing costs in 2024.Lower interest rates cut consumer borrowin

Lower kharif output amid erratic rain caused the price rise

Fifty oil and gas companies representing 40 percent of global production pledged to decarbonize their operations by 2050 at the UN's COP28 climate talks in Dubai on Saturday.

The OPEC oil cartel led by Saudi Arabia and allied producers including Russia are trying to agree on cuts to the amount of crude they send to the world.

The semiconductor industry should experience a new wave of growth in the coming year as memory manufacturers gradually increase DRAM prices by cutting or controlling production. During...

New Delhi [India], December 11 (ANI): The central government having directed sugar mills not to use cane juice or syrup to produce ethanol may hurt, to some extent, the blending with fuel but it is expected to increase the production of sugar, according to a Crisil report. On Thursday, the government, with immediate effect, directed […]

Mortgage rates rose for the third straight week last week, hitting the highest level since November. As a result, mortgage application demand dropped 2.7% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Bank of Uganda projects the economy to grow at 6% in FY2023/24 up from 5.2% a year before Kampala, Uganda | ISAAC KHISA | Uganda’s consumers recorded a 7.8% increase in borrowings for the three months to October, while lenders’ approval rate for loans in value terms decreased since July 2023, according to the Bank of …

Prices for log exports are slowly improving, but a forestry consultant says the sector must find new international markets to reduce its reliance on China.

A new report focused on 10 ­categories and found that over the past two years, about three-quarters of branded suppliers in these areas had increased 'unit profitability'

Shop price inflation dropped to its lowest in 17 months in November, new data revealed on Tuesday, as retailers stepped up discounting ahead of the key festive shopping season.

By Nia Williams (Reuters) -Canada plans to unveil a cap and trade system starting in 2026 for limiting emissions from the oil and gas sector, a government source said on Wednesday, a step toward

Having recently taken over the management of load shedding from Eskom, City Power said because the utility covers a smaller area than Eskom, it is possible to exempt critical buildings from power cuts.

Agencies Wholesale price-based inflation rose to an eight-month high of 0.26 per cent in November, driven by a sharp jump in food prices, especially onion and vegetables. The WPI inflation was in the negative or deflationary zone for the past seven months since April and was at (-)0.52 per cent in October. The last positive

A key Federal Reserve official said he is “increasingly confident” that the Fed’s interest rate policies will succeed in bringing inflation back to the central bank’s 2% target level.

Chief Adeolu Ogunbanjo, President, National Association of Telecommunications Subscribers (NATCOMS) in this no holds barred interview with The Guardian x-rays the state of the economy and how the President Bola Tinubu-administration and its policies is affecting the telecom sector, among other developing events in the outgoing year.   What is your assessment of the general […]

BENGALURU (Reuters) - Indian shares are set to open higher on Wednesday, tracking a rise in Asian and U.S. peers after dovish commentary from a U.S. Federal Reserve official elevated bets of rate cuts

(Bloomberg) — Oil consumers jumped on a chance to lock in protection against higher energy costs as this week’s price slide made hedging cheaper.

Brent for March settlement rose 1.7% to $77.58 a barrel at 11:03 a.m. in London.