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Asia Index launches BSE Premium Consumption index

Asia Index launches BSE Premium Consumption index

Thu, Oct 17, 2024

The index, reconstituted semi-annually and rebalanced quarterly, can be used by mutual funds for running passive strategies, such as ETFs and Index Funds as well as gauging the performance of companies in the index.

India among Asian countries hit by heatwave in 2003: UN report

India among Asian countries hit by heatwave in 2003: UN report

Tue, Apr 23, 2024

Precipitation was below normal in the Himalayas and in the Hindu Kush mountain range and the rains associated with the Indian summer monsoon were insufficient.

Singapore air show kicks off amid travel rebound, supply constraints

Singapore air show kicks off amid travel rebound, supply constraints

Tue, Feb 20, 2024

The flying displays feature military aircraft from Singapore, Australia, India, Indonesia, South Korea and the United States, the COMAC C919 commercial jet's first appearance outside Chinese territory and an Airbus A350-1000 powered by 35 per cent sustainable aviation fuel.

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In mammoth task, BP sends almost 3 million barrels of US oil to Asia

In mammoth task, BP sends almost 3 million barrels of US oil to Asia

Wed, Dec 07, 2016

Oil major BP is shipping almost 3 million barrels of US crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts.

Oil prices fall further in Asia, yen gains hit Tokyo

Oil prices fall further in Asia, yen gains hit Tokyo

Mon, Nov 28, 2016

Oil prices sank further in Asian trade on Monday on fears a planned cut in output will not be agreed by top producers this week, while the dollar retreated against most of its peers after its recent surge.

Scandal-hit South Korea keeps rate at record low

Scandal-hit South Korea keeps rate at record low

Fri, Nov 11, 2016

Scandal-hit South Korea kept its key interest rate unchanged on Friday at a record low amid uncertainty over political changes in the United States (US) and South Korea.

Venture Capital funding in Indian start-ups continues to nosedive

Venture Capital funding in Indian start-ups continues to nosedive

Fri, Oct 14, 2016

Major portion of the deals by VC-backed companies were seen for start-ups in India's IT capital Bengaluru with 34 deals raising $221.2 million in total.

Bank of America set to cut about 2 dozen investment banking jobs in Asia

Bank of America set to cut about 2 dozen investment banking jobs in Asia

Mon, Sep 26, 2016

Bank of America is set to cut about two dozen investment banking (IB) jobs in Asia, including some top dealmakers starting this week, according to people familiar with the matter.

Goldman Sachs cutting nearly 30% of Asia investment banking jobs

Goldman Sachs cutting nearly 30% of Asia investment banking jobs

Fri, Sep 23, 2016

Goldman Sachs is cutting almost 30% of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters.

Indian millennials to focus on tech, human skills rather than analytical ones

Indian millennials to focus on tech, human skills rather than analytical ones

Thu, Sep 22, 2016

With all the labels that come with being a ‘millennial,’ like job hopping and ‘the entitled generation,’ Indian millennials seem to be leaning toward developing human skills more than the opinion of their peer’s on futuristic jobs.

India's crude oil imports touch 7-year high at 18.81 MT in August

India's crude oil imports touch 7-year high at 18.81 MT in August

Tue, Sep 20, 2016

India's crude oil imports touched seven-year high in August as oil companies stepped up purchases to meet galloping domestic fuel demand.

Rising oil import prices may become Asia's growing pain

Rising oil import prices may become Asia's growing pain

Sun, Sep 04, 2016

Asia`s net oil imports surpassed the total amount of oil consumed in North America in 2015 and are set to rise after producers slashed spending on exploration and production on low oil prices, leaving oilfields at risk of sharp production declines in the next decade.

SBI says will gain $120 billion in assets from takeover of units

SBI says will gain $120 billion in assets from takeover of units

Sat, Aug 20, 2016

State Bank of India (SBI), the nation's biggest lender by assets, will gain $120 billion (nearly Rs 7.98 lakh crore) in assets following its merger with associate banks and Bharatiya Mahila Bank (BMB), the lender said in a statement on Saturday.

Global oil refiners lose appeal for petrol

Global oil refiners lose appeal for petrol

Thu, Jun 16, 2016

Refiners in Europe, Asia and the United States, from the mighty ExxonMobil down to smaller players such as Italy's Saras, amped up the proportion of gasoline they churned out to cash in on record driver demand.

Are free trade agreements to blame for India’s exports fall?

Are free trade agreements to blame for India’s exports fall?

Thu, Jun 16, 2016

Imports South Asia surged 41.16% from 4.83%, 17.4% increase from Sri Lanka, Thailand saw an export rise of 41.05% as against 7.39%.

As China slows down, India can be a very powerful driver: Arun Jaitley

As China slows down, India can be a very powerful driver: Arun Jaitley

Tue, May 31, 2016

Jaitley said 40% of world foreign direct investment (FDI) now comes to Asia, whose growth rate today is three times faster than the developed world.

Turkey's TAV Airports plans to bid in tenders in India, CEO says

Turkey's TAV Airports plans to bid in tenders in India, CEO says

Tue, May 10, 2016

Turkey's TAV Airports Holding is planning to bid for new tenders in Vietnam, Indonesia, Malaysia and India in the next 12-24 months, Chief Executive - Sani Sener told Reuters on Tuesday.

Saudi Aramco to raise oil prices for Asian countries

Saudi Aramco to raise oil prices for Asian countries

Fri, May 06, 2016

Asian countries buy more than half of the oil that Saudi Arabia exports and any hike in the price can be seen as a pick up in the demand for oil in the region.

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