Business

– Oil prices rose on Wednesday, with Brent crude futures climbing $1.48, or 1.3%, to $115.36 a barrel by 01:40 GMT. US West Texas Intermediate crude futures gained $1.22, or 1.22%, to $101.12 a barrel. The increase reversed part of

Prime Minister Narendra Modi praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. The latest official data showed that economic activity remained firm across manufacturing, services, consumption and investment. Modi described the growth rate as

South Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Official data released by the Ministry of Trade, Industry and Resources showed that imports

Japan’s Nikkei 225 slid nearly 2% in early trade Monday as markets reacted to rising expectations for higher interest rates. The benchmark fell 1.97% to 65,096.63 before extending losses to an intraday low of 64,832.10. Selling centered on technology and

Indonesia has formalized new cooperation between its investment and sports authorities to expand business activity in the national sports sector. Investment and Downstreaming Minister Rosan Perkasa Roeslani and Youth and Sports Minister Erick Thohir signed the agreement on August 28.

A South Korean container ship has left Busan for Europe on the country’s first Arctic trial involving commercial container cargo. PanStar Acro departed Busan New Port on August 22 for a planned 45-day round trip. The 2,758-TEU vessel will travel