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PHILIPPINES OIL PURCHASES
ASEAN to launch joint oil product stockpiling scheme as early as 2027, Nikkei reportsIn a move to bolster regional energy security, ASEAN nations plan to roll out a collective oil stockpiling project by 2027. This initiative...
India bonds emerge as top Asian performers as oil, Treasury yields declineThis week, Indian government bonds saw a positive trend following a Democratic win in the U.S. midterm elections. The reduction in oil pric...
Is the AI boom losing steam? Global economy faces growing risksGlobal financial markets face mounting pressure from geopolitical conflicts, rising government debt and trade tensions, raising concerns ab...
- Global markets were already fragile. Big AI bets could break them
Investors flocked to bonds. Yields, which move inversely to price, fell from multidecade highs, with the benchmark 10-year Treasury, which ...
Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surgeForeign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter moneta...
Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
India wants tariff edge before signing final US trade deal: Piyush GoyalIndia awaits US tariff advantage for trade deal finalization. The agreement was announced on February 3, 2026, reducing US tariffs on India...
Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
Indian refiners limit use of special FX credit line, sources say, spelling more rupee strainIndia's state-run oil refiners are sparingly using a special FX credit line from State Bank of India, designed to support the rupee. Refine...
What are Asian countries doing to offset the oil-price riseGlobal oil prices surge and markets fall amid fears of inflation and slowed growth. Asian countries, heavily reliant on Gulf oil, are takin...
Rupee dips on dollar demand at RBI reference rate, Asian weaknessThe Indian rupee edged lower on Monday, tracking Asian peers and pressured by dollar demand around the Reserve Bank of India's reference r...
Jaishankar, Rubio hold first talks amid strain after 50% tariff by USExternal Affairs Minister S. Jaishankar met US Secretary of State Marco Rubio in New York. Discussions focused on trade and H-1B visa issue...
Vitol and Glencore set to make formal bids for Chevron's Singapore refinery stake, sources sayCommodities traders Vitol and Glencore are expected to bid for Chevron's 50% stake in Singapore's second-largest refinery, valued at approx...
'Won't end well' for India: White House trade advisor Navarro's latest rant against DelhiWhite House trade advisor Peter Navarro stated that India needs to reconsider its trade negotiations with the United States. He described I...
Founder reveals how Indonesia, Philippines' policies sparked Kerala gangs, a coconut oil crisis & chutney woes in IndiaCoconut oil prices in India have surged, reaching Rs 500 per litre in 2025. This makes it the costliest edible oil, despite India's high co...
Former Indian Oil director joins Rosneft boardIndian Oil has an annual oil purchase deal with Rosneft, which is renewed annually. It has emerged as one of the largest buyers of Russian ...
China warns Asian countries to be vigilant on US strategyBeijing and members of the Association of South East Asian Nations (ASEAN) should work together to remove "external disruption" in the Sout...
Great democracies should also have the world’s greatest militaries, resolve Trump and PM ModiSupporting India’s rise as a global power has been a US objective going back to the last two (Democratic and Republican) administrations.
- Consumers in Asia ready for benefits of biotechnology derived foods
Consumers in Asia, especially India, China, Philippines are ready to accept the benefits of biotechnology derived foods, according to a con...