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HONG KONG -- China's state-owned oil majors are tightening up on capital investment while making plans to hand out record dividends, under mounting central government pressure to focus more on stock market performance and shareholder returns.
TOKYO -- New money continues to flow into the gold market despite prices near record highs amid expectations of U.S. interest rate cuts, with policy changes in India and central bank purchases in emerging markets like Poland adding to the fervor.
Philippine Vice-President Sara Duterte-Carpio was defiant while defending her office budget for next year, in a Tuesday hearing in the House of Representatives, refusing to answer most questions while accusing lawmakers of gathering evidence for an impeachment case against her.
The speedy return of market confidence following a dramatic global sell-off in risky assets should be seen as a cause for concern, according to the head of asset allocation research at Goldman Sachs.
Protesters are demanding the resignation of the top elected official in West Bengal state, where the crime took place.
PetroChina Co. posted record operating profits for the first half of the year on the back of strong drilling output and higher oil prices, which allowed it to offset weak fuel demand in China.
Australia said on Tuesday it would limit the enrolment number of international students at 270,000 for 2025, as the government looks to rein in record migration that has contributed to a spike in home rental prices.