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03 Oct

Analysis-China digs deep into bag of yuan tricks to resist dollar steamroller

Chinese authorities have rolled out an array of tried-and-true manoeuvres in recent weeks to slow the yuan's slide, showing relative success compared with other battered currencies, but analysts say they face long odds against an unstoppable dollar.

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02 Oct

Trump staffers not returning White House records, National Archives says

Former President Donald Trump's administration has not turned over all presidential records and the National Archives will consult with the Justice Department on whether to move to get them back, the agency has told Congress.

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30 Sep

Xi hails newly approved Chinese C919 jet as historic landmark

President Xi Jinping hailed the development of China's first medium-haul passenger jet as the embodiment of the country's drive towards self-sufficiency, with safety approval awarded to a plane that aims to challenge Western plane giants for high-tech jetliner sales.

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01 Oct

S.Korea, U.S. agree to implement liquidity measures if needed

SEOUL (Reuters) -The United States and South Korea agreed on Saturday to implement liquidity facilities to stabilise financial markets if needed, Korea's finance ministry said after a teleconference between finance chiefs of the two countries.

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30 Sep

Explainer-How worried should we be about Pakistan's economy?

Concerns are rising again over the health of Pakistan's economy as foreign reserves run low, the local currency weakens and inflation stands at decades-high levels despite the resumption of an International Monetary Fund funding programme in August.

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30 Sep

U.S. oil & gas rig quarterly growth slowest in two years -Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a third week in a row, but growth in the third quarter slowed due to recession fears and nagging supply shortages.

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30 Sep

Sri Lanka's key inflation rate surges to record, keeps central bank pressured

COLOMBO (Reuters) -A key measure of Sri Lanka's consumer inflation surged to an annual record 69.8% in September, official data showed on Friday, highlighting the challenge for the central bank as the island reels under its worst financial crisis in seven decades.

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