Starmer pledges to stabilise UK as Labour win huge majority
Keir Starmer vowed to rebuild Britain as its next prime minister after his Labour Party on Friday surged to a…
Hong Kong retailers bank on duty-free quota hike to boost sales
An increase in the duty-free quota for Chinese tourists to Hong Kong may go some way to support the city’s…
Britain’s political earthquake: what it means for growth, the pound and public finances
A political earthquake has struck the UK after its election The UK has voted, the exit poll is in, and…
Japan wholesale prices seen rising under cost-push inflation pressure: Reuters poll
Japan’s wholesale prices likely accelerated in June, a Reuters poll showed on Friday, reflecting a mix of a weak yen,…
Euro zone household savings highest since 2021, but investments fall
Household savings in the euro zone rose to their highest level in about three years while investments continued to fall…
China faces economic headwinds as it grapples with an aging — and shrinking — population
China’s population is shrinking, and the demographic shift will ultimately hurt its economy, shrink the labor force and put pressure…
Labour win brings few hopes or fears to London’s financial district
Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many…
Brunei LNG offers cargo for mid-August loading, sources say
Brunei LNG has offered a liquefied natural gas (LNG) cargo for loading in August, said two industry sources on Friday.…
India’s LNG imports at 44-month high in June as gas-based power output jumps amid severe heatwave
India’s liquefied natural gas (LNG) imports touched a near four-year high in June as gas-based power plants operated at notably…
Russia’s ESPO oil exports from Pacific’s Kozmino seen rising to 1 mln bpd in July, sources say
Russia’s ESPO Blend oil exports from the far eastern port of Kozmino were revised up by 0.3 million metric tons…