News
EU steel tariff hike threatens 'biggest crisis' for UK industry
The EU has announced plans to hike tariffs on imported steel in a move the UK's steel industry has said could be "perhaps the biggest…
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hike
Business
Oil settles flat amid Opec+ output hike, supply glut fears
China is building oil reserve sites at a rapid clip as part of a campaign to boost stockpiles, according to public data, traders and…
Business
Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
Japanese shares surged to a record high on Monday (Oct 6), while the yen and long-term bonds tumbled as Sanae Takaichi was all but…
Culture
Oil prices gain 1% after lower-than-expected Opec+ output hike
Oil prices rose about 1 per cent in early trade on Monday after Opec+ announced a more modest monthly increase in production than…
Business
BOJ’s Ueda warns of global uncertainty, keep markets guessing on next hike
Japan’s economy is weathering the hit from US tariffs so far, the governor says Bank of Japan (BOJ) governor Kazuo Ueda said inflation was…
News
India expresses concern about Trump plan to hike fees on H-1B visas that bring tech workers to U.S.
The Indian government expressed concern Saturday about President Trump's latest push to upend American immigration policy, dramatically…
Business
Hedge funds slash bullish oil bets to lowest ever amid Opec hike
Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision to boost production…
Business
Bank of Japan watchers expect hike by January with 36% touting October
The central bank will kick off its September meeting shortly after the US Federal Reserve is expected to cut its policy rate Most Bank of…
Business
Oil prices ease on surprise build in US crude stockpiles, Opec+ to consider output hike
Oil prices eased about 1 per cent to a two-week low on Thursday on a surprise build in US crude inventories last week and expectations…
Fashion
Oil prices drop as Opec+ weighs another output hike
Oil prices fell by more than 2 per cent on Wednesday ahead of a weekend meeting of Opec+ producers that is expected to consider another…
News
Coffee drinkers face new jolt as tariffs fuel price hike
Companies are indicating that price hikes may have to follow suit if levies remain in place Consumers already shelling out more for their…
Business
Up to 20% hike in KrisFlyer redemption rates on SIA from Nov 1; move comes amid bid to boost Scoot redemptions
Singapore Airlines (SIA) on Monday (Aug 25) announced a hike in its KrisFlyer redemption and upgrade rates across most route and cabin…
Business
Bessent says BOJ is falling behind the curve, expects hike
US Treasury Secretary Scott Bessent said the Bank of Japan (BOJ) is falling behind the curve in addressing inflation, in a rare comment…
Business
BOJ debated chance of resuming rate hike, July summary shows
Some Bank of Japan policymakers warned of mounting inflationary pressures and one signaled the chance of resuming interest rate increases…
Business
Some in Bank of Japan saw scope to hike rates if trade friction eases, June minutes show
Some Bank of Japan policymakers saw scope to resume interest rate increases once trade friction caused by US tariffs eased, minutes of the…
Culture
Oil falls as Opec+ output hike adds to oversupply concerns
Oil prices fell to their lowest levels in a week on Monday after Opec+ agreed to another large output increase in September, adding to…
News
Opec+ agrees in principle another large oil output hike: sources
+ agreed in principle to boost oil output by 548,000 barrels per day (bpd) in September, two Opec+ sources said on Sunday (Aug 3), as the…
Business
Opec+ makes another large oil output hike in market share push
Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated…
Business
Europe: Shares log biggest daily drop since April after US tariffs hike
European stocks logged their biggest one-day drop in over three months on Friday (Aug 1), at the end of a busy week as investors grappled…
Culture
Enough apologies: How Japan is shaking its price hike phobia
When Japanese ice pop maker Akagi Nyugyo raised its prices a meagre 10 yen in 2016, its sombre-faced management appeared in a one-minute…
Business
Bank of Japan watchers still predict next rate hike in October or January
Bank of Japan (BOJ) watchers increasingly expect authorities to raise the benchmark interest rate either in October or January, according…
Business
Small but rising Japanese opposition party warns against near-term BOJ rate hike
The Bank of Japan should hold off raising interest rates until the economy achieves a stronger recovery, Sohei Kamiya, head of the small…
News
Trump plans to hike tariffs on Canadian goods to 35%
President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two…
Business
Sats CEO Kerry Mok sees pay hike of 30.5% to S$3.1 million
Kerry Mok, chief executive officer of inflight caterer and ground-handling company Sats, earned over S$3.1 million in total remuneration…