5:01 am, Thursday, 1 January 2026
Economy

Bucharest’s Christmas lights shine despite austerity squeeze

Festive markets under tight household budgets In Bucharest, Christmas markets are drawing big crowds even as Romania weathers a period

Asia’s 2025 IPO surge may face headwinds from AI valuation fears

Booming equity deals face growing tech uncertainty Asia is on track for a robust wave of initial public offerings (IPOs)

Oil rebounds as investors eye Fed rate move and Venezuela tensions

Energy prices inch up amid global uncertainty Oil prices rose modestly on Friday as markets bet on a potential interest-rate

INDONESIA RECONSIDERS EARLY COAL PLANT RETIREMENT

Test case for ‘just transition’ hits political headwinds Indonesia has signaled it is unlikely to go ahead with plans to

Singapore bets $154 million on the next wave of screen talent

Three-year plan aims to make city-state a regional content hub Singapore is launching a three-year, $154 million program to supercharge

LVMH SHIFTS FASHION POWER BY PUTTING DIOR CHIEF IN CHARGE OF KEY BRANDS

Pietro Beccari to lead group’s fashion arm after Versace deal reshapes luxury map Luxury powerhouse LVMH is shaking up its

 South Korea exports rebound as chip demand surges

A new forecast shows South Korea’s exports rose sharply in November, driven by booming global demand for semiconductors. A poll

 Thailand floods threaten global rubber output

Heavy flooding in southern Thailand has submerged about 656,000 hectares of rubber plantations. Over 160,000 plantation workers and smallholders are

China’s BYD tightens its grip on Europe’s booming EV market

EV maker’s registrations keep climbing Chinese electric vehicle giant BYD is continuing to gain ground in Europe as fresh sales

Lush returns to India as luxury beauty boom reshapes retail

Global brand tests a fast-growing market again UK-based cosmetics company Lush is returning to India nearly two decades after pulling