IBT Staff Reporter

Investors betting that Japan will have to quit its ultra-loose monetary policy are running into riskier and pricier territory as the showdown shifts to the Bank of Japan's home turf in the bond market.

Investors betting that Japan will have to quit its ultra-loose monetary policy are running into riskier and pricier territory as the showdown shifts to the Bank of Japan's home turf in the bond market.

Aston Martin's shares jumped 20% on Friday after the British luxury carmaker announced an capital raising that will see Saudi Arabia's Public Investment Fund (PIF) become its second-largest shareholder with an almost 17% stake.

Do signs point to an Israel-Saudi normalisation deal?

The European Commission decided on Friday to sue Hungary over an anti-LGBT law and its refusal to renew the license of Klubradio, a broadcaster critical of the government, in the latest clash over values that risks damaging the European Union's cohesion.

A more insular world economy will come at a high price if the era of global currency reserve building follows globalisation into reverse.

A more insular world economy will come at a high price if the era of global currency reserve building follows globalisation into reverse.

Things are looking up for GSK and its chief Emma Walmsley as the British drugs giant prepares to spin off its consumer health business on Monday in London's biggest listing in a decade and the company's most radical shake-up in 20 years.

Sri Lanka's parliament accepted the resignation of President Gotabaya Rajapaksa on Friday after he fled the country, paving the way for lawmakers to start repairing the island's shattered politics and resume efforts to ease its economic crisis.

Sri Lanka's parliament accepted the resignation of President Gotabaya Rajapaksa on Friday after he fled the country, paving the way for lawmakers to start repairing the island's shattered politics and resume efforts to ease its economic crisis.

The speaker of Sri Lanka's parliament formally accepted President Gotabaya Rajapaksa's resignation on Friday after he fled to Singapore to escape a popular uprising brought about by his country's worst economic crisis in seven decades.

The speaker of Sri Lanka's parliament formally accepted President Gotabaya Rajapaksa's resignation on Friday after he fled to Singapore to escape a popular uprising brought about by his country's worst economic crisis in seven decades.

Sri Lanka's parliamentary speaker accepted President Gotabaya Rajapaksa's resignation on Friday after he fled to Singapore to escape a popular uprising brought about by his country's worst economic crisis in seven decades.

Sri Lankan president's resignation accepted

Rising recessionary concerns are seeing some investors reduce risk in their credit exposure as they brace for an economic slowdown whose magnitude remains highly uncertain.

The Indian rupee hit a record low on Friday and weakened for a 11th straight week as foreign investors continued to dump riskier assets amid rising concerns around a global recession with investors now awaiting the Fed meeting outcome on July 27.

Emergency curfews, tear gas plumes and the sudden departure and resignation of the president have all failed to budge the long vehicle queues snaking out of Colombo's empty petrol stations.

Chinese regulators' assurances of help in delivering property projects on time failed to convince some homebuyers threatening to stop mortgage payments and investors continued to sell shares in embattled developers on Friday.

Shares in embattled Chinese property developers fell on Friday as homebuyers' threats to stop mortgage payments on unfinished apartments outweighed Beijing regulators' assurance that local governments will get help to deliver property projects on time.

U.S. President Joe Biden promised on Friday not to give up efforts to end the decades-long Israeli Palestinian conflict, though he offered no new proposals to restart the stalled political dialogue between the two sides.

U.S. President Joe Biden said on Friday he told Saudi Arabia's Crown Prince Mohammed bin Salman he held him responsible for the murder of Washington Post journalist Jamal Khashoggi, shortly after exchanging a fist bump with the kingdom's de facto ruler.

Joe Biden began a visit to Saudi Arabia on Friday by giving Crown Prince Mohammed bin Salman a fist bump and shaking hands with King Salman as Washington looks to reset its relationship with a country that the U.S.

Joe Biden began a visit to Saudi Arabia on Friday by giving Crown Prince Mohammed bin Salman a fist bump as Washington looks to reset its relationship with a country that the U.S.

President Joe Biden arrived in Saudi Arabia on Friday to discuss energy supply, human rights, and security cooperation on a trip designed to reset the U.S.

President Joe Biden will discuss energy supply, human rights, and security cooperation in Saudi Arabia on Friday on a trip designed to reset the U.S.

In New York, America's oldest cricket club turns 150

Indonesia booked a larger-than-expected trade surplus of $5.09 billion in June, as palm oil exports surged after the lifting of an export ban a month earlier while coal shipments to Europe also jumped, official data showed on Friday.

'True balance': Japan's quiet telework revolution

The dollar consolidated near a two-decade high on Friday as traders flirted with the prospect of a 100 basis point rate hike by the Federal Reserve later this month, while the euro was pinned near parity.