China's yuan hovered close to a one-week low against the dollar on Wednesday, pressured by signs of loosening yuan liquidity conditions in the onshore market.
Half of Russia's oil and petroleum exports in 2023 will have gone to China while India's share has risen in two years to 40%, Russia's state news agencies cited Deputy Prime Minister Alexander Novak as saying in remarks published on Wednesday.
Dalian iron ore futures rose for the second consecutive session on Wednesday, with optimistic sentiment stemming from robust industrial data, expectations of stimulus, and strong demand outlook.
The Chinese government on Wednesday threatened to place further trade sanctions on Taiwan if the ruling party "stubbornly" adheres to supporting independence, in a further escalation of the war of words as Taiwanese elections approach next month.
China has approved a first batch of seed companies to breed and sell genetically modified corn and soybean seeds, paving the way for commercial planting of GMO grains in a move that could cut its reliance on imports from the U.S. and Brazil.
Indian shares opened higher on Wednesday, tracking gains in Asia and an overnight rally in U.S. stocks, amid bets that the Federal Reserve could begin cutting interest rates early next year.
(RTTNews) - Asian stock markets are mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid optimism about the outlook for interest rates following last week's tamer-than-expected US consumer price inflation data. Some traders also kept on
Malaysian palm oil futures rose for a second session on Wednesday, supported by strength in rival edible oils, although weaker crude oil prices and a stablising ringgit capped the gains.
The first trade day after the weekend saw futures gap weaker at the close and continue fading through the session. The Feb contract closed near the low for the day. The National Average Base Hog price was withheld for confidentiality on Tuesday morning. The Friday PM quote was $47.76. The...
Electric vehicle maker Tesla Inc is preparing to launch a revamped version of its Model Y from its Shanghai plant, Bloomberg News reported on Tuesday, citing people familiar with the matter.
American Express’ stock (NYSE: AXP) has gained 25% YTD, as compared to the 24% rise in the S&P500 over the same period. Further, it is currently trading at $185 per share, which is just above its fair value of $182 – Trefis’ estimate for American E
Eight people were killed and one is missing in Australia after severe thunderstorms battered the country's east over the Christmas holidays, authorities said on Wednesday, with tens of thousands of properties still without power.
Chinese online gaming giant Tencent Holdings saw its shares stage a mild rebound on Wednesday, the first day of trade after regulators vowed to make improvements to proposed rules that had sent stock in gaming companies plunging.
Gold prices were flat on Wednesday, as trading remained muted amid expectations of interest rate cuts by the U.S. Federal Reserve in the first quarter of 2024 and a generally weaker dollar.
High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers are set to face tighter supplies well into 2024, amid adverse El Nino weather, export restrictions and higher biofuel mandates.
(RTTNews) - The Thai stock market has finished higher in nine straight sessions, gathering almost 55 points or 3.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,415-point plateau and it's got a positive lead again for Wednesday's trade.
Novak Djokovic has no plans to hang up his racket any time soon and is hoping he might be able to emulate American football great Tom Brady by extending his career well past his 40th birthday, the 36-year-old Serbian said on Tuesday.
China's industrial profits extended gains for a fourth straight month in November, even as weakening demand ate into business growth expectations, emboldening calls for more policy support.