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Fed’s interest rate hike likely this week

Fed’s interest rate hike likely this week

In 2016, interest rates, commodity and oil prices will be key factors in already volatile markets.

Islamic State loses Somali town

Islamic State loses Somali town

A war is raging between Al-Qaeda and ISIL linked groups in Somalia and autonomous Jubaland, security officials say.

Alibaba continues digital media expansion

Alibaba continues digital media expansion

Alibaba will marry its technology to the SCMP's deep heritage to create a vision of news for the digital age.

‘Welcome home,’ Syrian refugees told in Canada

‘Welcome home,’ Syrian refugees told in Canada

On Thursday, Canada's largest daily newspaper The Toronto Star published a welcome note to all refugees on its cover page.

Aussie jobs data strengthens dollar, ASX in the red

Aussie jobs data strengthens dollar, ASX in the red

Australia, with other Asia-Pacific markets, is still rattled by the plunge in oil prices earlier this week.

Energy industry sheds thousands of jobs

Energy industry sheds thousands of jobs

More than 250,000 oil industry workers have already been fired, one report says.

Venezuela’s opposition wins parliament majority

Venezuela’s opposition wins parliament majority

"We say to our Venezuela that the constitution and democracy have triumphed," President Maduro said, acknowledging his party's defeat.

Syrian soldiers killed in US-led air raids – report

Syrian soldiers killed in US-led air raids – report

There has been no comment from the Syrian government or US-led coalition officials.

Russia to develop non-oil food exports

Russia to develop non-oil food exports

Ulyukae says it is likely the global economy is entering a period of unusually low oil prices.

Can Brazil’s economy survive a Rousseff impeachment?

Can Brazil’s economy survive a Rousseff impeachment?

National polls show that 67 per cent of respondents see her governance as "bad" or "terrible".