Comments by Federal Reserve chief Janet Yellen that an interest rate increase will likely be appropriate “relatively soon” gave a further shot in the arm to the dollar yesterday.

Bonds are in for a tough ride in the first half of 2017 as US president-elect Donald Trump’s plans to boost fiscal spending could stoke inflation around the globe, a chief investment officer at UOB Asset Management said yesterday.

Indian stocks declined for fourth day in a volatile session amid concern about the economic impact of the government’s recall of high-currency notes and as foreigners continued to sell emerging-market assets amid rising odds of a US interest-rate increase next month.

Airbus is set to announce an order from Japanese low-cost carrier Peach Aviation, industry sources said, in a move that could help the planemaker narrow a gap with rival Boeing in their race to supply to Asia’s No 2 aviation market.

Vietnam will shelve ratification of a US-led Pacific trade accord due to political changes ahead in the United States, but wants to maintain good relations with Washington as much as it does all other countries, its prime minister said yesterday.

The Philippine economy grew at its fastest pace in more than three years in July-September, most of President Rodrigo Duterte’s first 100 days in office, setting him up to meet the ambitious target he set for the year.

Iran overtook political rival Saudi Arabia as India’s top oil supplier in October, shipping data showed, just ahead of a producers’ meeting this month to hammer out the details on output cuts aimed at reining in a global glut

India’s democracy, the world’s most populous, is a marvel of the modern age: 1.3bn people who speak more than 700 languages uniting under one roof.

For Indians expecting respite from the government’s clampdown on cash, here’s a reality check: It probably won’t come soon.

Beneath a towering billboard of Prime Minister Narendra Modi’s beaming face, Sainood Khan slaps together dung cakes she uses for cooking fuel.

Israel’s economy grew slightly faster than expected in the third quarter as Intel Corp worked to complete a $6bn plant.

Saudi billionaire Prince Alwaleed bin Talal raised the possibility that the kingdom may depeg its currency as the country undergoes unprecedented social, political and financial change.