Business

Gold rose to more than oneweek high on Thursday, as the dollar fell to multiyear lows on hopes of coronavirus vaccine rollouts soon, while investors kept track of developments on a U.S. stimulus deal.

EU antitrust regulators are set to clear the London Stock Exchange's $27 billion buy of data analytics company Refinitiv after LSE tweaked concessions to address competition concerns, people familiar with the matter said on Wednesday.

U.S. Presidentelect Joe Biden will not immediately act to remove the Phase 1 trade agreement President Donald Trump inked with China, the New York Times https://www.nytimes.com/2020/12/02/opinion/bideninterviewmcconnellchinairan.html reported on Wednesday...

Japan's ruling coalition is discussing inheritance tax exemption on overseas assets for foreigners, as it prepares to compile by about Dec. 10 an annual tax code reform measure for the next fiscal year.

Oil prices fell about 2% on Tuesday as investors awaited direction from OPEC and its allies after the producers postponed a formal meeting to decide whether to lift output from January.

American factories grew at a slower pace last month and there are concerns that surging coronavirus infections will endanger an economic recovery.

An investment arm of Beijing's city government is holding talks with shareholders of Phoenix Tree Holdings Ltd, known as Danke, on raising new funds to help turn around the cashstrapped Chinese property rental firm, three sources said on Tuesday.

Euro zone factory growth cooled last month as renewed coronavirus lockdown measures hurt demand, according to a survey which showed Germany remained the driving force behind the bloc's manufacturing recovery.

AstraZeneca said on Tuesday it would sell rights to its cholesterol drug, Crestor, to German pharmaceutical company Grünenthal GmbH for an upfront payment of $320 million.

Japan is loosening regulations on parttime work for foreigners stuck in the country due to the novel coronavirus and having trouble supporting themselves, the government said on Tuesday.

Wall Street's main indexes dipped on Monday as investors paused to take stock of a stellar month ahead of crucial economic reports this week.

Abu Dhabi's biggest sovereign fund is in talks with U.S. firm KKR to invest in Telecom Italia's (TIM) lastmile network in a deal that has drawn scrutiny from Italy's government, three sources close to the matter told Reuters.

German annual consumer prices fell further in November, pushed down by a VAT cut introduced as part of the government's stimulus push to help Europe's largest economy recover from the coronavirus shock, data showed on Monday.

The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter (April-June) of the 2020-21 fiscal as the coronavirus lockdown pummelled economic activity.

Gold fell on Monday en route to its worst month in four years, as optimism over a coronavirus vaccineled economic revival prompted investors to buy into traditional risk assets.

While COVID-19 hit Pakistan at a critical point in its macroeconomic recovery, the government's ongoing efforts to ensure stability have started showing encouraging results this fiscal year, Mukhopadhyay said in a statement.