Economy

News Hour: Oil eased in Asian trade on Thursday, taking a breather after soaring nearly 10 percent on the wings of OPEC’s decision to carry out its first output cut in eight years. The Organization of...

News Hour: Oil prices fell 3 percent on Tuesday on signs leading oil exporters were struggling to agree on a deal to cut production to reduce global oversupply. The Organization of the Petroleum Exporting Countries will...

News Hour: Japan’s consumer prices fell in October, government data showed on Friday, extending the longest string of declines in five years and underscoring its struggles to conquer deflation. The weak inflation data — core prices...

News Hour: India is the second most unequal country in the world with the top one per cent of the population owning nearly 60 per cent of the total wealth, according to a report. According to...

News Hour: Iraq has to up its crude output because dwindling oil prices and the fight against Islamic State have left “a huge hole” in the economy, Foreign Minister Ibrahim al-Jaafari said on Tuesday, as the...

News Hour: Bangladesh-Myanmar Business Promotion Council (BMBPC) organized a reception at a City Hotel on last Thursday in honor of visiting Myanmar delegation led by H.E. Mr. Toe Aung Myint, Permanent Secretary, ministry of Commerce of...

News Hour: Indian bank shares took a hammering on Friday as customers struggled to get their hands on new notes three days after the government’s shock decision to withdraw high-denomination bills from circulation. Snake-like queues formed...

News Hour: Indian Prime Minister Narendra Modi announced on Tuesday that 500 and 1,000 rupee notes would be withdrawn from circulation from midnight in a bid to tackle corruption, reports BSS. “To break the grip of...

News Hour: Ten global oil and gas companies on Friday announced they will invest $1 billion (900 million euros) in low-carbon-emission technologies to help combat climate change. BG Group, BP, Eni, Pemex, Repsol, Saudi Aramco, Reliance...

News Hour: Tokyo stocks opened lower on Monday, driven down by fresh concerns over US presidential candidate Hillary Clinton’s emails just over a week ahead of the election. Global markets face increased levels of uncertainty ahead...