Australia

Australia's central bank hikes rates by 25 basis points as expectedThe Reserve Bank of Australia raised interest rates by 25 basis points to 3.1% on Tuesday, in line with analysts forecast in a Reuters poll.That's the central bank's…

China's November retail sales see significant missChina's industrial production for November grew 2.2%, after seeing a growth of 5% in October, according to official data. That's lower than expectations for growth of 3.6% in a Reuters…

WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil marketto prevent price…

Oil prices drop more than $1 on renewed China demand worriesOil prices fell more than 1% with growing concern over China's demand as the nation continued to see an increase of regional Covid cases. Geopolitical concerns were also eased…

India stocks reach historic high levelsIndian stocks reached new highs in Monday's session.The Nifty 50 index, the flagship index on the National Stock Exchange of India, touched 18,611.05, breaching the previous intraday all-time high…

South Korea's November inflation misses expectationsSouth Korea's annualized inflation for November came in at 5%, lower than estimates of 5.1% surveyed in a Reuters poll.The latest reading marks slight easing from 5.7% in October and…

China could reportedly reopen border with Hong Kong before Lunar New YearChina may scrap quarantine requirements for Hong Kong residents traveling to the mainland before Lunar New Year next month as part of the latest slew of reopening…

Chinese online gaming stocks higher as crackdown on the sector appears to easeNew Zealand central bank hints at more hikes aheadReserve Bank of New Zealand (RBNZ) governor Adrian Orr said that the bank's sole target is to get the…

Anwar's pick for deputy prime minister contradicts his campaign message: BowerGroupAsiaMalaysian Prime Minister Anwar Ibrahim and Pakatan Harapan, the coalition he leads, "contradicted their campaign message of fighting corruption" by…

The BP logo displayed outside a gas station in England on August 15, 2022.Matt Cardy | Getty Images News | Getty ImagesBP said it is investing 20 million Australian dollars ($13.53 million) in Australian renewable company 5B, which…