Reuters

Oil prices struggled to find their footing in Asian trade on Thursday after easing in the previous session on the back of a weakening global demand outlook.

The Reserve Bank of India, seeking to arrest the rupee's slide, is asking local banks to not build additional positions in the non-deliverable forward market, a move that could lead to offshore volatility spilling into local markets, bankers and traders said.

Jack Yao, a Chinese Communist Party member, never wanted to be an activist.

NASA has targeted Nov. 14 for a third attempt to launch its big, next-generation rocketship, the U.S.

The state of Ohio said on Wednesday it plans to provide $71.3 million in tax credits for a new Honda Motor Co Ltd and LG Energy Solution joint venture battery plant.

Japanese firms overwhelmingly support increasing defence spending amid heightened sabre-rattling in Asia, according to a Reuters monthly poll on Thursday, which also showed half of companies expect the yen's decline to hurt profits.

North Korean leader Kim Jong Un oversaw the launch of two long-range strategic cruise missiles, state media reported on Thursday, calling it a test to confirm the reliability and operation of nuclear-capable weapons deployed to military units.

Italy's new parliament opens on Thursday, with a Holocaust survivor due to preside over the first session of the upper house Senate as the most right-wing coalition since World War Two takes control of both chambers.

The yen floundered near a fresh 24-year low on Thursday, while sterling held onto overnight gains as investors skittishly await an impending deadline for the end of the Bank of England's emergency bond-buying programme.

President Joe Biden pledged on Tuesday "there will be consequences" for U.S.

Singapore-based Oversea-Chinese Banking Corp Ltd is hunting for acquisitions in Indonesia to speed up its growth, aiming to leverage a strong capital buffer built up in recent years, the head of Southeast Asia's second-biggest bank said.

Asian stocks followed Wall Street lower and bond yields remained depressed on Thursday as investors weighed the risks of global recession amid hawkish Federal Reserve rhetoric and uncertainty about the Bank of England's commitment to stabilising markets.

Angola will keep cutting interest rates as long as inflation is kept low, central bank governor Jose De Lima Massano said on Wednesday, forecasting that inflation will fall to 16% this year and 9-10% by the end of 2023.

The world's wildlife populations have declined by more than two-thirds since 1970 as forests have been cleared and oceans polluted, according to an assessment released on Thursday.

France's FNME trade union said on Wednesday that some workers at EDF's nuclear plants resumed their strike over salaries, delaying maintenance work on eight reactors as the union sent a message of support to striking refinery workers.

President Vladimir Putin said on Wednesday that Russia could redirect supplies intended for the damaged Nord Stream pipelines to the Black Sea to create a European gas hub in Turkey, or even use the one intact part of Nord Stream 2 to supply the EU.

The dollar scaled new 24-year highs versus the yen on Wednesday, holding above levels that prompted intervention by Japanese officials last month, while investors in sterling were left scratching their heads about the Bank of England's next steps.

OPEC on Wednesday cut its 2022 forecast for growth in world oil demand for a fourth time since April and also trimmed next year's figure, citing slowing economies, the resurgence of China's COVID-19 containment measures and high inflation.

Germany said on Wednesday it was receiving less oil but still had adequate supplies, after Poland found a leak in the Druzhba pipeline that delivers crude from Russia to Europe that Warsaw said was probably caused by an accident rather than sabotage.

Meta Platforms unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg's break into the higher-end market for extended reality computing devices.

German chemicals group BASF said it would slash annual costs by 500 million euros ($485 million) in Europe until 2024 and look into restructuring its chemical sites in the region over the longer term after it was hit by high energy prices.

U.S. corporate travel and expense company TripAction said it raised $304 million from investors in equity and debt-like structured financing on Wednesday, as the company gears up for expansion and a public listing.

British government borrowing costs jumped again on Wednesday after Bank of England Governor Andrew Bailey told pension funds they had three days to fix liquidity problems before the bank ends emergency bond-buying that has provided support.

Monte dei Paschi di Siena was racing on Wednesday to get commitments from investors for its 2.5 billion euro ($2.4 billion) share issue so it can secure a backstop from banks for any unsold stock, three people close to the matter said.

Top Israeli ministers on Wednesday endorsed a U.S.-brokered deal to delineate a maritime border with Lebanon, paving the way for a potentially fractious two-week parliamentary review before it goes into force.

The Kremlin on Wednesday scolded Western leaders for engaging in "provocative" nuclear rhetoric after a series of warnings from Russia, the United States and NATO on the dangers of escalating the Ukraine conflict into a nuclear war.

Oil futures recouped some losses on Wednesday, recovering from a 2% slide in the previous session, supported by supply concerns stemming from last week's OPEC+ cut to its production target, though a stronger dollar weighed on sentiment.

The French government on Wednesday started ordering some staff at an Exxon Mobil fuel depot back to work, battling to secure petrol supplies following weeks-long strikes but risking a wider conflict with trade unions.

U.S. carriers including American Airlines Group Inc and United Airlines Holdings Inc are enjoying the strongest consumer demand in three years, but analysts and investors question how soon the good times might end as the growing risk of economic recession sparks worries about travel spending.