Xinjiang Torch Gas Elects Chairman
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Xinjiang Baodi Mining Co Ltd SSE:601121:
By Heejin Kim and Kyu-seok ShimSouth Korea rejected claims by Coupang NYSE:CPNG and a U.S. congressional report that the company was unfairly targeted over a massive data breach, National Security Adviser Wi Sung-lac said on Friday at the presidential Blue House in Seoul.Wi's comments came after a…
By Ashwin ManikandanIndia's insurance regulator is seeking to reform how distributors are paid in an effort to rein in mis-selling, and plans to propose commissions be paid out over the life of a policy instead of in large upfront payments, two sources said.The revamp is part of a broad review by t…
Tanzania's central bank raised its key interest rate by 50 basis points to 6.25% (TZINTR=ECI) on Friday after inflation accelerated to its highest in three years.In May consumer inflation reached 4.2% in annual terms (TZCPIY=ECI), up from 4.0% in the previous month.It is still within the 3%-5% targ…
By Emily Ou YongIron ore futures fell on Friday, as record-high inventories at Chinese ports outweighed support from China's move to restrict the use of certain Fortescue ASX:FMG products.The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) COMEX:TIO1! fell 1.74% t…
Automakers 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 approximat…
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Kenya's private sector activity picked up in June, breaking a run of three previous monthly contractions, a survey showed on Friday.The Stanbic Bank Kenya Purchasing Managers' Index rose to 50.0 in June from 46.6 a month earlier. Readings above 50.0 indicate growth in business activity, while those…
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Japanese companies logged another year of big pay hikes, the nation's largest labour union group said, signalling that sustained pay increases are becoming firmly entrenched to support the world's fourth-latest economy.The final tally of annual labour talk results showed Japanese companies have agr…
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Ukrainian grain exports fell 8.4% to 37.2 million metric tons in the 2025/26 July-June season from 40.6 million tons in 2024/25, the deputy economy minister told Reuters on Friday.Ukraine is a major grain grower and exporter. However, the country faced a decline in both grain production and exports…
Australia's competition regulator said on Friday the proposed merger of energy contractors Subsea7 OSL:SUBC and Saipem MIL:SPM would face a second-phase review over concerns it could reduce competition in key offshore oil and gas services.Here are a few details:
By Aamir KhalidAustralian shares logged their best week in three on Friday, with gains in miners and banks, as global risk sentiment improved after softer-than-expected U.S. jobs data eased further Federal Reserve rate-hike bets.The S&P/ASX 200 index ASX:XJO closed 1.4% higher at 8,844.40 points, i…