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Oil prices ease on symbolic OPEC+ output cut

SINGAPORE: OPEC and allied oil-producing countries, including Russia, made a small trim in their supplies to the global economy. Underlining their unhappiness...

Indonesia hikes fuel prices by 30%, cuts energy subsidies

JAKARTA, Indonesia: Fuel prices increased by about 30% across Indonesia on Saturday. After the government reduced some of the costly subsidies that...

Asian stock markets mixed ahead of latest US jobs reading

Asian stock markets were mixed ahead of U.S. jobs data that might influence Federal Reserve plans for more interest rate hikes to...

Biden waiving the ethanol rule in a bid to lower gasoline...

MENLO, Iowa USA: With inflation at a 40-year high, President Joe Biden journeyed to corn-rich Iowa on Tuesday. To announce a modest...

European inflation soars to a record 7.5% on fuel, food costs.

LONDON: Inflation in Europe soared to another record, according to new EU figures released in a fresh sign. That rising energy prices...

Singapore core inflation cools while acceleration risks loom

SINGAPORE: Core inflation in Singapore cooled slightly last month. But is expected to pick up further in the near term, setting the...

UK inflation hits a 30-year high of 6.2% as Sunak readies...

LONDON UK: British inflation shot up faster than expected last month to hit a new 30-year high. Worsening a historic squeeze on...
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