By Sumit SahaGold rose on Friday and was set for a weekly gain after four straight weeks of declines, as weaker U.S. jobs data reduced expectations for a near-term Federal Reserve rate increase.Spot gold TVC:GOLD was up 1.5% at $4,184.75 per ounce by 0835 GMT, after hitting its highest since June 2…
India's NTPC Green Energy NSE:NTPCGREEN plans to raise up to 25 billion rupees( $262.29 million), including a greenshoe option of 20 billion rupees, through the sale of bonds maturing in 10 years, three bankers said on Friday.It has invited coupon and commitment bids for the issue on Tuesday, they…
Toyota Motor TSE:7203 and Daimler Truck XETR:DTG will reduce their stakes in truckmaker Archion TSE:543A this month, selling shares worth 200 billion to 300 billion yen ($1.24 billion to $1.87 billion), the Nikkei daily business reported on Friday.Toyota and Daimler will offer approximately 900 mil…
Russia's state oil and gas tax revenue, which account for around a fifth of total budget income, rose in June to 683.6 billion roubles ($8.84 billion) from 678.9 billion roubles in May, the finance ministry said on Friday.($1 = 77.3300 roubles)
The Russian finance ministry said on Friday it would reduce its purchases of foreign currency and gold in July in line with its budget rule.From July 7 to August 6 2026, the ministry will purchase foreign currency worth 123.2 billion roubles ($1.59 billion) compared with 208.2 billion roubles in th…
By Fergal SmithGreater Toronto Area home sales rose in June for a fourth straight month and prices increased, continuing the market's recovery following a slow start to the year, Toronto Regional Real Estate Board data showed on Friday.($1 = 1.4179 Canadian dollars)
The first deputy CEO of VTB RUS:VTBR, Russia's second-largest lender, said on Friday the bank's 2026 dividend would be higher than 25% of its 2025 net profit, but lower than the 50% long-term target.VTB is maintaining its target of paying out 50% of net profit as dividends and will incorporate this…
By Juarawee Kittisilpa and Panarat ThepgumpanatEarly in the morning on June 18, a message from an unknown account slipped into the TikTok inbox of a flight attendant in Bangkok with a series of questions: "Are you flying to Australia? Do you do carry-for-hire? What is your rate?"The 30-year-old, wh…
By Yantoultra Ngui and Kane WuMBK Partners, Actis and Bain Capital are among the bidders for KKR-owned Central Tank Terminal, a Japanese liquid storage company, in a deal that could value the business at over $600 million including debt, three people with knowledge of the matter said on Friday.Bind…
By Can SezerCanada's AtkinsRealis TSX:ATRL anticipates that Turkey will complete an early review of its CANDU reactors following an information exchange later this summer, which may lead to concrete talks for a nuclear plant bid, a top company official said.Turkey's first nuclear plant is being bui…
Chinese airlines, including flag carrier Air China SSE:601111, will cut fuel surcharges on domestic flights from July 5, according to notices some airlines released this week.($1 = 6.7802 Chinese yuan renminbi)
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China stocks rebounded on Friday after a sharp selloff in chipmakers in the previous session, while Hong Kong shares extended gains as a tepid U.S. jobs report reinforced bets that the Federal Reserve would keep monetary policy supportive.** At the close, the Shanghai Composite index SSE:000001 inc…
World food prices edged lower in June as declines in sugar, cereals and dairy outweighed increases in vegetable oils and meat, the United Nations' Food and Agriculture Organization said on Friday.
