Asia Shares Jump As Investors Anticipate Smaller Interest Rate Rises
Australia's resources-heavy share index advanced 0.81%, while Japan's Nikkei opened 0.09% lower.
Analysis-Need For Speed: China Xi's New Generals Offer Cohesion Over Possible Taiwan Plans
Although the Politburo's seven-man Standing Committee would make the ultimate decision on any Taiwan action, the Central Military Commission would forge and execute the battle plan, eight Asian and Western military attaches say.
Explainer-Why Is ASEAN Holding A Special Meeting On Myanmar?
ASEAN's peace effort is the only official diplomatic process in play, but it has so far been a failure, with the junta unwilling to implement a so-called "five-point consensus" that it agreed to with ASEAN in April 2021.
Trade Seen Boosting US Economy In Q3; Growth Details Likely Soft
The Commerce Department's advance third-quarter gross domestic product on Thursday is expected to show underlying demand in the economy flat last quarter amid a slowdown in consumer spending and moderate growth in business investment.
Australia To Train Ukrainian Troops, Ship More Armoured Vehicles
Australia said on Thursday it will deploy 70 soldiers to Britain to help train Ukrainian troops there and ship 30 more armoured vehicles to bolster Kyiv's war against Russia's invasion.
Turkish Competition Board Fines Meta Platforms $18.6 Million
Turkey's competition authority has fined Facebook parent Meta Platforms Inc 346.72 million lira ($18.63 million) for breaking competition law, it said on Wednesday.
Harley Profit Rises As Pent-up Demand Fuels Improved Shipments
Harley-Davidson on Wednesday reported better-than-expected profit as robust demand for popular bike models during the summer riding season boosted sales, easing investors' fears of a slowdown in leisure spending due to high inflation.
Puma Confirms Full-year Outlook, Flags Market Volatility
The German sportswear maker reiterated its full-year operating result and sales outlook, after what it said was the best third quarter in its history.
COP27: World On Track To Increase Emissions 10.6% By 2030 - UN Report
The UN Intergovernmental Panel on Climate Change says a 43% reduction in emissions by 2030 is needed to limit warming to 1.5 Celsius above pre-industrial temperatures.
Book Gifted By Macron To Pope Was Never Nazi Plunder, Authorities Say
Macron gave the pope the first-edition 1796 French translation of German philosopher Immanuel Kant's "Towards Perpetual Peace" on Monday during a visit to Rome.
Ghana Ruling Party MPs Coalition Asks President To Sack Finance Minister
Speaking on behalf of 80 of the 137 NPP members, Andy Appiah-Kubi said the members of parliament would not take part in any business of government and would boycott budget hearings until its demands are met.
Chipmaker UMC Cuts Capex In Readiness For Prolonged Downturn
The company has observed a prolonged downturn in smartphone and personal computer demand in a trend that will linger into the first half of next year, UMC co-president Jason Wang said.
'Seismic Shift' In Bank Payments To Help Business And Consumers, Says EU
Currently, some banks charge far more for an IP transfer, up to 30 euros ($30) in some cases, compared with traditional transfers.
Japan's Life Insurers To Buy More Super-long Bonds As Yields Hit Multi-year Highs
Japanese life insurers plan to buy more super-long government bonds, enticed by the highest yields since 2014.
IMF Chief Wants Central Banks To Keep Raising Rates To Hit 'Neutral' Level
Speaking to Reuters in Berlin a day before the European Central Bank is widely expected to raise rates by 75 basis points, the fund's managing director said it would take until 2024 for the positive effect of central banks raising rates globally to be felt.
Saudi Aramco Launches $1.5 Billion Fund, Says Energy Transition Plan Flawed
Saudi Arabia, the world's top oil exporter, and fellow OPEC producers have warned of underinvestment in fossil fuels especially while spare production capacity is thin and demand relatively healthy despite economic headwinds.
Future Unclear For Syrian Refugees As Lebanese Repatriations Begin
Lebanese authorities say the repatriations, under a revived programme coordinated by General Security, the agency responsible for safeguarding its borders, are voluntary.
New Frontline Of U.S. Abortion Battles Emerges In New Mexico
The towns of Clovis and Hobbs do not even have abortion clinics but are strategic, activists and clinicians say, because they are near the border with Texas, to the east.
Explainer-What Brazil's Election Means For The Amazon Rainforest
Brazil's presidential election on Sunday may determine the fate of the Amazon jungle, the world's largest rainforest, after deforestation soared in the past four years under President Jair Bolsonaro.
China's Xi Deals Knockout Blow To Once-powerful Youth League Faction
The omissions show Xi has succeeded in a years-long effort to eradicate the faction, analysts said.
IMF Chief Expects UK PM Sunak's Government To Stick To Fiscal Discipline
Speaking to Reuters in Berlin, Georgieva welcomed what she said was Sunak's clarity and constructive attitude that she knew from his time as finance minister.
Mussolini's Ghost Clings To Rome, 100 Years After Power Grab
Monuments glorifying Mussolini's command dot Rome, emblems of his fascist party adorn pot-hole covers, and carvings of his square-jawed troops embellish public spaces.
Riot Police Deploy In Iranian Cities As People Gather For Amini's Memorial
Witnesses in the capital Tehran and the cities of Tabriz and Rasht to the north also reported a heavy presence of security forces in the streets.
Analysis-Behind Facade Of Unity, Franco-German Relations Falter As Crises Mount
The standoff comes as the EU struggles to reach an agreement on whether to cap gas prices in response to Russia's war in Ukraine.
Reckitt Flags Pressure On Consumers As Volumes Decline
Reckitt and other consumer goods companies, from Procter & Gamble to Nestle, are hiking prices this year, enabling them to partially pass record energy and supply chain cost increases on to shoppers.
LG Display Posts Bigger-than-expected Q3 Loss On Sluggish Device Sales
The Apple Inc supplier posted an operating loss of 759 billion won ($532.31 million) for the September quarter, compared to a profit of 529 billion won a year earlier.
UK PM Sunak Gathers Cabinet To Begin 'Hard Work' Of Fixing Economy
At the top of Sunak's agenda will be preparation for a fiscal statement, keenly anticipated by financial markets, which is scheduled for Oct. 31 but which the Times newspaper reported could be pushed back by a few days.
Singapore To Introduce New Emissions Rules For Fossil-fuel Power Plants
The new rules are part of the implementation of a law the city-state passed last year that allowed the EMA to set greenhouse gas emissions standards.
Mercedes-Benz Triples Pre-pandemic Q3 Cars Earnings, Raises Outlook
The luxury carmaker now expects 13-15% in adjusted sales returns for the cars division this year, and 9-11% for Mercedes-Benz Vans, from previously 12-14% and 8-10%, respectively.
Australia Inflation Races To 32-year High, Sounds Rates Alarm
Data from the Australian Bureau of Statistics (ABS) on Wednesday showed the consumer price index (CPI) jumped 1.8% in the September quarter, topping market forecasts of 1.6%.