Business

Oil eases as weaker demand outlook counters Mideast supply concerns

Oil eases as weaker demand outlook counters Mideast supply concerns

By Sam Li and Siyi Liu BEIJING/SINGAPORE, Aug 13 (Reuters) - Oil prices eased on Thursday after gains in previous…

August 13, 2026

Morning Bid: Fed bets cool, BOJ wagers heat up

A look at the day ahead in European and global markets from Satoshi Sugiyama For all the anticipation, Wednesday's U.S.…

August 13, 2026

China's Lenovo posts 43% jump in Q1 revenue

BANGALORE/BEIJING, Aug 13 (Reuters) - China's Lenovo Group reported a 43% jump in quarterly revenue on Thursday, as the world's…

August 13, 2026

ASX jumps most since early 2020 as volatility-driven trading boom lifts earnings

Aug 13 (Reuters) - Australian stock exchange operator ASX posted a more than 5% rise in annual underlying profit on…

August 13, 2026

BofA to take 49.9% stake in Jio Credit for $1.9 billion in India push

By Nishit Navin and Jayshree P Upadhyay Aug 12 (Reuters) - Bank of America will acquire as much as a…

August 13, 2026

ANZ says home loan applications fall 12%, records A$1.9 billion quarterly profit

By Scott Murdoch and Rajasik Mukherjee SYDNEY, Aug 13 (Reuters) - Australian lender ANZ Group said on Thursday home loan…

August 13, 2026

Treasury Wine swings to annual loss on US woes; shares whipsaw

Aug 13 (Reuters) - Australia's Treasury Wine Estates swung to an annual loss on Thursday after writedowns in its U.S.…

August 13, 2026

Japan's wholesale inflation stays hot, bolstering odds of September BOJ hike

By Leika Kihara TOKYO, Aug 13 (Reuters) - Japan's annual wholesale inflation remained elevated in July, data showed on Thursday,…

August 13, 2026

Oil drops on lower demand forecasts despite deadlock in US-Iran talks

By Sam Li and Lewis Jackson BEIJING, Aug 13 (Reuters) - Oil prices fell more than $1 on Thursday as…

August 13, 2026

ASX posts higher annual profit on strong trading activity, shares rise

Aug 13 (Reuters) - Australia's bourse operator ASX reported a more than 5% rise in annual underlying profit on Thursday…

August 13, 2026