Prime Minister Rishi Sunak will pledge 1.6 billion pounds ($2 billion) in funding at the U.N. climate summit on Friday, an attempt to bolster his green credentials after watering down Britain's measures to reach net zero targets.
Japan's Nikkei share average drifted lower on Friday to post its first weekly drop in five, as tech shares slumped on elevated bond yields after economic data provided more clues that the U.S. Federal Reserve could end rate hikes.
A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets on interest rate cuts in the United States and Europe as evidence grows that inflationary pressures are fast abating.
Asia's factory activity remained weak in November on soft global demand, surveys showed on Friday, with mixed signs on the strength of China's economy clouding the outlook for the region's fragile recovery.
Foreign inflows into Indian government bonds hit the highest level in six years in November ahead of the securities being included in JPMorgan's emerging market index next year, with investors and treasury officials expecting buying to continue.
Malaysian palm oil futures dropped on Friday to their lowest since October, heading for a second week of losses as weak demand from biodiesel players weighed.
(RTTNews) - European stocks are set to open on a firm note Friday amid hopes that the U.S. Federal Reserve will start reducing interest rates from the first quarter of next year.
Malaysia has invited China's President Xi Jingping to visit, its ambassador to Beijing said on Friday, as the Southeast Asian country also seeks to boost the number of Chinese tourists to five million a year to fuel economic growth.
The alleged plot to assassinate a Sikh separatist on U.S. soil began in May, with a text message between what the American indictment says was an Indian security official and an alleged drugs trafficker.
With a blockbuster November in the rear view mirror, investors are gearing up for a bright start to December in Europe, full of expectations that central banks will soon start cutting rates, although a "fireside chat" with Fed Chair Jerome Powell later in the day could spoil the party.
Abu Dhabi's Aldar Properties has bought London-based developer London Square for an enterprise value of 1.07 billion dirhams ($291.4 million) in its first acquisition outside the Middle East.
Indian motorcycle maker Bajaj Auto and carmaker Mahindra and Mahindra on Friday reported strong volume growth in November, helped by festive season-led demand.
South Korean private equity firm Hahn & Co is reviewing strategic options for its majority stake in SK Shipping Co, including a sale that could value the company at about $10 billion including debt, Bloomberg News reported on Thursday.
(RTTNews) - Haier US Appliance Solutions Inc., doing business as GE Appliances, is recalling about 11,000 units of electric cooktops in the United States citing risk for burn, the U.S. Consumer Product Safety Commission said.
Tiger Woods said he felt "mentally rusty" on his return to competitive golf on Thursday after the 15-time major winner carded a three-over-par 75 in the first round of the PGA Tour's Hero World Challenge in the Bahamas.
India's manufacturing growth accelerated last month after a recent blip, supported by robust demand, according to a private survey that also showed input costs rose at the slowest pace in 40 months.
Australia are unlikely to fill their quota of swimmers at the world championships in Qatar in February because some may not value the meet as part of their Olympic preparations, head coach Rohan Taylor said.
(RTTNews) - The Australian stock market is notably lower on Friday, giving up some of the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,100 level, dragged by weakness across most sectors
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