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KENNETH MAXWELL
Manila airport power restored, as outage triggers flight cancellationsThe main terminal of Ninoy Aquino International Airport in Manila has had power restored, after almost nine hours of outage, during which 4...
Alibaba Cloud cuts prices by up to 50% for core, storage productsAccording to Alibaba Cloud's website, prices for elastic computing services - the ability to quickly expand or decrease processing - using ...
Oil prices edge higher on falling US inventories, China dataPrices got a lift from an industry report showing that U.S. crude stocks fell by about 2.68 million barrels in the week ended April 14, acc...
Treasury Secy Janet Yellen tells senators US banking system 'remains sound'In remarks prepared for a budget hearing, Yellen said "decisive and forceful" actions taken this week by the U.S. government to shore up pu...
South Korean President Yoon Suk-yeol apologises for Halloween crush, vows justiceThe Oct. 29 crush killed 156 people, mostly in their twenties and thirties, and injured another 197 when revellers flooded the narrow alley...
Oil prices rebound after dropping to lowest in months on weak U.S. demandWhile the United States has asked the group to boost output, spare capacity is limited and Saudi Arabia may be reluctant to beef up product...
Oil prices on track for near 4% weekly decline on demand concernsOil prices fell on Friday, heading for a drop of nearly 4% for the week, burdened by the prospect of rate hikes, weaker global growth and C...
Oil futures climb as supply concerns lingerBrent futures were up about $1.06, or 0.9%, to $122.66 a barrel and U.S. West Texas Intermediate futures were up about 79 cents, or 0.7%, t...
New Zealand considers mandatory masks, scanning amid COVID-19 Delta variant concernsNew Zealand halted quarantine-free travel with neighbouring Australia last week as an outbreak of the highly contagious Delta variant trigg...
Saudi inflation rate rises again in May, hits 5.7%The increase was mainly due to higher prices of food and beverages and transport, the General Authority for Statistics said.
Hong Kong halts Pfizer/BioNTech COVID-19 vaccines, investigates defective packagingThe government said it had received notice from Fosun Pharma Industrial (Hong Kong), the distributor of the Pfizer/BioNTech vaccine in the ...
Toyota posts 54% rise in Q3 operating profit, hikes full-year forecastJapan's Toyota Motor Corp on Wednesday reported a bigger-than-expected 54% jump in third-quarter profit and jacked up its full-year earning...
GAIL India invites bids for charter of LNG tanker: SourcesThe 163,000-cubic metre tanker will be available from March 2021 to March 2022, and companies are requested to submit bids by Nov. 6 with b...
Didi considers 2021 Hong Kong IPO, targets valuation of more than $60 billion: ReportDidi had for years aimed for a U.S. IPO because of the prestige of a New York listing, the presence of comparable peers like Uber and Lyft ...
Oil prices pause in week-long surge Norwegian strike drives strong gainsBoth contracts are on track for gains of around 10% this week - the first rise in three weeks - yanked higher by the prospect of tighter su...
Oil prices toppled from rising streak as jump in COVID-19 cases stokes fuel demand fearsWest Texas Intermediate oil was down 17 cents, or 0.4%, at $41.53 a barrel. The contract ended Tuesday trading 1.7% higher, its highest clo...
Oil prices edge higher as U.S. inventory drop counters demand concerns tied to COVID-19Brent crude futures were up by 18 cents, or 0.4%, at $43.40 a barrel by 0644 GMT. U.S. West Texas Intermediate crude futures gained 12 cents
Oil prices steady as output cut expectations offset coronavirus concernBrent crude was at $57.23 a barrel, down 9 cents, by 1525 GMT after rising 5.2% last week, its biggest weekly gain since September 2019.
China blocks Foxconn plan to restart factories over virus worries - NikkeiPublic health experts carried out inspections at Foxconn's factories in Shenzhen and told the company that its factories had a "high risk o...
Oil prices ease in cautious trading ahead of Opec meetingBrent crude oil futures were down 17 cents, or 0.3 per cent, at $61.39 per barrel.