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    Citigroup profit beats estimates as stock trading increases 23%

    Citigroup profit beats estimates as stock trading increases 23%

    15 Apr 2025

    Citigroup beat Wall Street estimates for first-quarter profit on Tuesday as its traders reaped a windfall from volatile markets that fueled client activity.The third-largest US lender’s earnings echoed those of...

    China offers immense investment opportunities in consumer market

    China offers immense investment opportunities in consumer market

    25 Mar 2025

    China presents immense opportunities for investment and growth in its consumer market, driven by consumption upgrading, according to a report released by PwC recently.China Economic Net said that the report...

    Futures buoyant, dollar drifts as markets sail toward tariff storm

    Futures buoyant, dollar drifts as markets sail toward tariff storm

    24 Mar 2025

    Financial markets made a mixed start on Monday with US stock futures rising but the dollar wavering ahead of a week driven by data, Chinese earnings and the threat of...

    India’s $23 billion factory scheme to lapse after it disappoints

    India’s $23 billion factory scheme to lapse after it disappoints

    24 Mar 2025

    Indian Prime Minister Narendra Modi’s government has decided to let lapse a $23 billion programme to incentivise domestic manufacturing, just four years after it launched the effort to woo firms...

    Oil edges higher, but recession fears and US tariffs limit gains

    Oil edges higher, but recession fears and US tariffs limit gains

    23 Mar 2025

    Oil prices edged higher, helped by weakness in the dollar, although gains were capped as concerns mounted over a US slowdown and the impact of tariffs on global economic growth.Brent...

    Stock markets extend losses as Trump’s tariffs hit global outlook

    Stock markets extend losses as Trump’s tariffs hit global outlook

    21 Mar 2025

    Major global stock markets extended losses on Friday on heightened concerns over the potential fallout from US President Donald Trump’s tariff agenda.US stocks slumped on opening with the NASDAQ falling...

    Gold set for third week of gains on uncertainties, rate cut hopes

    Gold set for third week of gains on uncertainties, rate cut hopes

    21 Mar 2025

    Gold was headed for a third straight week of gains on Friday after three consecutive record highs this week, bolstered by the Federal Reserve’s rate cut cues for the year...

    World markets down as US Fed and central banks flag global risks

    World markets down as US Fed and central banks flag global risks

    20 Mar 2025

    World markets slipped on Thursday as signals from the US Federal Reserve and a number of other top central banks that they remain in rate cut mode amid global uncertainty...

    China stimulus lifts Asian stocks as trade war fears cap currency gains

    China stimulus lifts Asian stocks as trade war fears cap currency gains

    17 Mar 2025

    Asian stocks jumped on Monday on Beijing’s fresh stimulus measures aimed at boosting consumer spending, while regional currencies traded cautiously as investors weighed mounting trade frictions that threaten global economic...

    OPEC Fund provides $35 million loan to support food security, climate action in Uzbekistan

    OPEC Fund provides $35 million loan to support food security, climate action in Uzbekistan

    11 Mar 2025

    The OPEC Fund for International Development (the OPEC Fund) is extending a US$35 million loan to Uzbekistan’s State Joint-Stock Company Asaka Bank (Asaka Bank) to enhance food security and expand...

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