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Exclusive-Output of Apple iPhones could fall 30% as COVID curbs hit major China plant -source

By Yimou Lee TAIPEI (Reuters) - Production of Apple Inc's iPhones could slump by as much as 30% at one of the world's biggest factories next month due to tightening COVID-19 curbs in China, a person

Output of Apple iPhones at major China plant could fall 30% amid COVID curbs -source

By Yimou Lee TAIPEI (Reuters) - Production of Apple Inc's iPhones could slump by as much as 30% at one of the world's biggest factories next month due to tightening COVID-19 curbs in China, a person

Dollar steadies as Fed looms; yen fragile

By Rae Wee SINGAPORE (Reuters) - The dollar advanced on Monday as bets cooled that the U.S. Federal Reserve could signal a slowdown in its aggressive rate-hiking cycle, ahead of its key policy meeting

Oil declines over $1 on China COVID curbs, weak factory activity data

By Emily Chow SINGAPORE (Reuters) -Oil prices fell over $1 on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 curbs will curtail demand.

Gold flat as Fed decision looms; set for seventh monthly loss

By Eileen Soreng (Reuters) - Gold prices were listless on Monday as investors eyed this week's Federal Reserve meeting for hints on a possible easing in its aggressive policy stance, while the bullion

Blockchain firm Valereum gets approval to buy Gibraltar exchange

LONDON (Reuters) - Blockchain company Valereum said on Monday it has received regulatory approval to buy the Gibraltar Stock Exchange (GSX) and turn it into a gateway to European capital for fledgling

India extends curbs on sugar shipments, to soon fix this year’s export quota

By Rajendra Jadhav and Mayank Bhardwaj MUMBAI/NEW DELHI (Reuters) -India has extended curbs on sugar exports by one year until October 2023, the government said, but the world's biggest producer of

Asian shares slip, yen wobbly after BOJ maintains dovish tone

By Ankur Banerjee SINGAPORE (Reuters) - Asian shares fell on Friday and were set to snap a three-day winning streak, while the Japanese yen was squeezed lower after the Bank of Japan held on to its

Oil falls as China widens COVID-19 curbs; still set for weekly gain

By Jeslyn Lerh and Sonali Paul SINGAPORE (Reuters) -Oil prices fell on Friday after China, the world's top crude oil importer, widened its COVID-19 curbs, but were poised for a weekly gain on supply

Gold inches higher, set for weekly gain as investors await Fed policy decision

By Eileen Soreng (Reuters) -Gold prices edged up on Friday and were set for small weekly gains, as investors awaited the U.S. Federal Reserve's policy meeting for hints of a possible easing in its

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?