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Updated: 11 min 30 sec ago

Gold steady at 10-month peak; Palladium scales new high

19 min 22 sec ago
Gold prices hovered near 10-month highs on Tuesday as optimism around U.S.-China trade discussions dimmed the dollar's appeal, while palladium struck a record high on supply concerns.
Categories: Business News

Honda CEO says decision to end production in UK not Brexit related

20 min 29 sec ago
Honda Motor Co's decision to end production in Britain was not related to Brexit, its chief executive said on Tuesday, after announcing the closure of its only British car plant.
Categories: Business News

Environmentalists seek tougher EU curbs on Balkan coal power plants

22 min 41 sec ago
Environmentalists urged EU policy makers on Tuesday to take a tougher stance on air pollution from coal power plants in the Western Balkans, blaming the fumes for 3,900 deaths across Europe each year.
Categories: Business News

Chinese traders freeze Australian coal orders amid 40-day customs delays - sources

43 min 5 sec ago
Chinese coal traders have stopped ordering Australian coal as clearing times through China's customs have doubled to at least 40 days, according to major buyers in China and international coal merchants, resulting in a sharp fall in Australian prices.
Categories: Business News

Oil hovers just below 2019 highs as markets look to trade talks

44 min 19 sec ago
Oil prices hovered just below 2019 highs on Tuesday as traders waited for the outcome of U.S.-China trade talks this week, while supply cuts led by producer group OPEC meant markets were relatively tight.
Categories: Business News

HSBC warns on China, Britain slowdown as 2018 profit disappoints

1 hour 1 min ago
HSBC Holdings turned in a disappointing annual profit as higher costs and a stocks rout chipped away at its trading businesses, while warning that an economic slowdown in China and Britain would throw up further hurdles this year.
Categories: Business News

Germany sees 'most difficult part' in EU-U.S. trade talks ahead

1 hour 17 min ago
The most difficult part in trade negotiations between Europe and the United States is starting now and talks should focus on reducing tariffs on industrial goods to increase the chances of a deal, German Economy Minister Peter Altmaier said on Tuesday.
Categories: Business News

Kuroda flags BOJ's readiness to ease further, yen slips

1 hour 17 min ago
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation target.
Categories: Business News

EU agrees on greenhouse gas emission cut for trucks

1 hour 18 min ago
The European Union agreed on Tuesday to reduce emissions of carbon dioxide (CO2) from new trucks and buses by 30 percent by a 2030 deadline as part of the bloc's commitment to cut its output of greenhouse gases.
Categories: Business News

Honda says to hold news conference, after news of UK factory closure

1 hour 26 min ago
Honda Motor said on Tuesday it will hold a news conference at 0800 GMT, a day after a British lawmaker said the Japanese car maker will announce the closure of its only British factory, in another blow to UK's auto industry before Brexit.
Categories: Business News

India's fuel demand rose 6.4 percent year-on-year in January

1 hour 39 min ago
India's fuel demand rose 6.4 percent in January compared with the same month last year.
Categories: Business News

Asian shares flirt with four-month highs, yen eases on Kuroda comments

2 hours 2 min ago
Asian shares hovered near four-month highs on Tuesday as investors took heart from some progress in Sino-U.S. trade talks, while the yen slipped as the Japanese central bank said it won't rule out further policy easing.
Categories: Business News

Australia watchdog plans criminal claims on financial sector after inquiry rap

2 hours 31 min ago
Australia's corporate regulator, which was criticised heavily by a misconduct inquiry for being soft on the financial industry, said on Tuesday it expects to refer major financial institutions and their representatives for criminal prosecutions.
Categories: Business News

Mexico pushes mobile payments to help unbanked consumers ditch cash

2 hours 34 min ago
Mexico's new leftist government is betting on financial technology to help lift people out of poverty.
Categories: Business News

Sensex, Nifty follow Asian peers higher; ICICI Bank top boost

2 hours 36 min ago
The Sensex and Nifty rose on Tuesday, bolstered by gains in broader Asian markets amid optimism around Sino-U.S. trade talks and on expectations of stimulus measures from major central banks.
Categories: Business News

British supermarkets battle to secure stocks as chaotic Brexit looms

2 hours 39 min ago
Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing trade terms, food industry officials say.
Categories: Business News

China pledges more support for banks' perpetual bonds to boost lending

3 hours 5 min ago
China will provide further support for banks' perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy, a vice central bank governor said on Tuesday.
Categories: Business News

Vitamin maker Blackmores sounds alarm on China demand health, shares hammered

3 hours 41 min ago
Australian vitamin maker Blackmores Ltd said it would review its China business and issued a surprise profit warning, citing soft consumer demand on the mainland, sending its shares down the most since listing three decades ago.
Categories: Business News

Kuroda says BOJ ready to ease if yen rise hurts price goal path

3 hours 43 min ago
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation target.
Categories: Business News

China needs tax cuts to relieve pressure on economy - vice premier

3 hours 45 min ago
China's decision to cut company taxes and fees is an important part of fiscal policy and is a hard-hitting measure needed to cope with pressure on the economy, state media reported Vice Premier Han Zheng as saying.
Categories: Business News