Japanese household spending rose for a fifth straight month in October from a year earlier, data showed on Tuesday, as easing coronavirus cases prompted more people to shop and eat at restaurants. An improvement in consumer spending, which accounts for...
The World Bank has approved crisis-hit Sri Lanka’s request to access concessional financing from the International Development Association so as to help stabilise its economy, the lender said on Tuesday. Soaring inflation, a weakening currency and low foreign exchange reserves...
Indonesia’s president has asked the government to create a mechanism next year to ensure the rollout of B35 biodiesel, a senior minister said on Tuesday. B35 is a fuel containing a 35% mix of palm oil-based fuel. Indonesia, the world’s...
Malaysia’s new Prime Minister Anwar Ibrahim said on Tuesday he was reviewing government projects worth billions of dollars approved by his predecessor Muhyiddin Yassin as they did not follow the rules. The remarks come at a time when graft has...
The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market coffee, beef, soy and other commodities linked to deforestation around the world. The law will require companies to produce a due...
Japan’s foreign reserves rose in November to their highest in six years, the Ministry of Finance said on Wednesday, as the dollar’s retreat boosted the value of non-dollar foreign assets and authorities refrained from currency market intervention. Japan’s foreign reserves...
Toyota Motor Corp’s (7203.T) leasing unit said on Wednesday it will begin offering over-the-air safety updates on the new Prius, betting it can use an approach pioneered by Tesla to cut lease prices and preserve used-car values in Japan. The lease program...
A growing number of companies are making bulk purchases of sustainable aviation fuel (SAF) to reduce their carbon footprints, encouraging mass production of the cleaner energy that airlines need to meet their emissions targets. Airlines, travel agents and fuel producers...
Netherlands eased past already eliminated Qatar 2-0 to top Group A and reach the knockout stages on Tuesday after Cody Gakpo netted his third goal in three games, bringing the curtain down on the World Cup hosts with their third...
Christian Pulisic was hailed by his team mates on Tuesday after his first-half strike sent the United States through to the World Cup knockout rounds, with the effort landing him in hospital with an abdominal injury. The Chelsea forward burst...
