Japan pledges financial support to help ASEAN decarbonise TOKYO: Japan pledged financial and technological support on Saturday to help ASEAN countries accelerate their... Published 04 Mar, 2023 10:24am
Opinion India wants a clean energy transition deal-and its coal too India is unlikely to sign a deal with richer nations this year for a just energy transition, as international ... Published 27 Feb, 2023 06:17am
World G7 to urge countries against military aid to Russia: Japan PM TOKYO: A virtual Group of Seven summit on Friday will call on countries to not send military aid to Russia, Japan’s... Published 24 Feb, 2023 05:04pm
World Yellen, G7 urge renewed aid for Ukraine BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financial support for... Published 24 Feb, 2023 06:00am
World US to impose 'sweeping' sanctions on Russia over Ukraine war: White House WASHINGTON: The United States will announce "sweeping" new economic sanctions against Russia and more support for... Published 24 Feb, 2023 12:29am
World G7 raises Ukraine support to $39bn for 2023, urges IMF programme by March BENGALURU: The Group of Seven (G7) nations on Thursday raised economic support to Ukraine to $39 billion for this... Published 23 Feb, 2023 06:53pm
World G7 finance ministers to discuss more Russia sanctions BENGALURU: Group of Seven finance ministers were due to discuss on Thursday possible fresh sanctions against Moscow... Published 23 Feb, 2023 12:28pm
World Japan PM says to G7 summit with Ukraine’s Zelenskiy on Friday Prime Minister Fumio Kishida said on Monday Japan will host an online Group of Seven (G7) summit meeting on Friday... Published 20 Feb, 2023 03:12pm
World G7 condemns ballistic missile launch BERLIN: The Group of Seven foreign ministers on Saturday condemned “in the strongest terms” North Korea’s... Published 19 Feb, 2023 03:19am
Markets UK’s Hunt says economy is resilient after avoiding recession LONDON: Finance minister Jeremy Hunt said on Friday the British economy was not yet clear of difficulty, reacting to... Published 10 Feb, 2023 12:38pm
Markets EU seeks agreement on Russian fuel price caps BRUSSELS: EU member states looked to reach a deal on Friday on price caps for Russian petroleum products, ahead of... Published 03 Feb, 2023 05:39pm
Markets Oil falls more than 1% on stronger dollar, rate hike worries LONDON: Oil prices fell by more than 1% on Tuesday, touching two-week lows on the prospect of further interest rate... Updated 31 Jan, 2023 06:52pm
Business & Finance OPEC+ panel unlikely to tweak oil policy LONDON: An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next ... Published 25 Jan, 2023 06:25am
World After G7 tour, Japan PM says East Asia could be next Ukraine WASHINGTON: Japanese Prime Minister Fumio Kishida said Saturday he told Western powers that East Asia could be the... Published 15 Jan, 2023 04:01am
Opinion Russian oil shipped to Asia in Chinese supertankers amid ship shortage At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and... Published 15 Jan, 2023 04:01am
Opinion ‘A sad tale indeed’ This is apropos a Business Recorder op-ed “A sad tale indeed – II” carried by the newspaper on Saturday. In ... Published 10 Jan, 2023 06:00am
World Japan PM leaves on tour of European, North American allies TOKYO: Japanese Prime Minister Fumio Kishida on Monday left on a tour of Europe and North America with... Published 09 Jan, 2023 12:46pm
World Poland ready for Russian oil ban, says minister WARSAW: Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate... Published 29 Dec, 2022 06:15pm
Markets Oil rises $3/bbl after Russia signals output cut due to price cap NEW YORK: Oil prices settled about $3 per barrel higher on Friday for a second straight week of gains after Moscow... Published 26 Dec, 2022 05:48am
Markets Russian oil exports fall by 11% for Dec 1-20 MOSCOW: Russian oil exports fell by 11% for Dec. 1-20 compared to the previous month, after the European Union’s... Published 21 Dec, 2022 12:26pm
Markets ME crude benchmark SINGAPORE: Middle East crude benchmark Murban, a light sour crude, continued to drop on Monday as markets tracked ... Published 06 Dec, 2022 05:58am
Business & Finance OPEC+ will keep oil policy unchanged in review talks LONDON/DUBAI: OPEC+ will likely stick to its oil output targets when it meets on Sunday, five OPEC+ sources said on... Published 04 Dec, 2022 03:37am
World Zelenskiy says level of price cap on Russia oil isn't serious KYIV: The $60 price cap on seaborne Russian oil agreed by Group of Seven nations and Australia is not serious and... Published 04 Dec, 2022 12:09am
World Russia: price cap is ‘dangerous’ and will not curb demand for our oil Russia said on Saturday it would continue to find buyers for its oil, despite what it said was a “dangerous” attempt... Published 03 Dec, 2022 02:14pm
World Japan will use G7, UN roles to pressure Russia on Ukraine: foreign minister TOKYO: Japan will use its turn next year in leadership roles at the Group of Seven and the United Nations to ... Published 01 Dec, 2022 10:43pm
Markets Oil steadies as China Covid hopes offset by OPEC+ output concerns NEW YORK: Oil steadied on Tuesday as gains on hopes for a loosening of China’s strict COVID-19 controls were later... Published 30 Nov, 2022 05:53am
World US to release emergency aid for Ukraine energy infrastructure BUCHAREST: The United States is expected to announce “substantial” financial aid to Ukraine on Tuesday to help it... Published 29 Nov, 2022 10:31am
Markets Oil falls to near year’s lows on China demand worries NEW YORK: Oil prices slid on Monday, falling close to their lowest level this year, as street protests against ... Published 29 Nov, 2022 05:57am
Markets EU delays talks on Russian oil price cap until next week BRUSSELS: A meeting of European Union government representatives, scheduled for Friday evening to discuss a Group of... Published 26 Nov, 2022 04:13am
Markets Oil drops as price cap proposal eases supply concerns LONDON: Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed G7 cap on the price ... Published 25 Nov, 2022 05:48am