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View all search resultsThe US dollar languished at multiweek lows versus major peers on Thursday as traders ramped up bets for the Federal Reserve to resume reducing interest rates next month.
20 hours agoThe nickel downstreaming program has faced issues due to the lack of a comprehensive long-term plan, including a shortage of nickel ore resulting from overinvestment over the past five years. ...
1 day agoNorges Bank Investment Management (NBIM), an arm of Norway's central bank, which held stakes in 61 Israeli companies as of June 30, in recent days divested stakes in 11 firms. ...
2 days agoAsian stocks slid and the dollar spiked on Thursday as investors greeted September by selling everything that was not nailed down after a month battered by concerns about aggressive rate hikes from global policymakers.
2 years agoAsian markets extended the global stocks selloff on Wednesday, as investor worries about aggressive monetary tightening were inflamed further by strong US jobs data.
2 years agoSome market watchers point to the decision of BlackRock to launch a private bitcoin investment product specifically for institutional investors as a strong sign that demand remains strong and could drag crypto out of the doldrums.
2 years agoChina stocks dropped on Tuesday, as more cities tightened COVID-19 restrictions in response to rising cases, fuelling fears of a further economic slowdown.
2 years agoFederal Reserve Chair Jerome Powell's promise of policy "pain" to contain inflation quashed hopes that the central bank would ride to the rescue of markets as so often in the past.
2 years agoAsian shares rose on Friday, buoyed by news of possible progress for China and the United States to hammer out an audit deal, while traders anxiously awaited a speech from Federal Reserve Chair Jerome Powell on rate-hike path later in the day.
2 years agoThe US dollar edged back from near a two-decade peak against a basket of major currencies on Thursday as investors looked to a speech by Federal Reserve Chair Jerome Powell the following day for fresh clues on the path for monetary policy.
2 years agoA fleet of 14 trains provided by French industrial giant Alstom to the German state Lower Saxony will replace the diesel locomotives on the 100 kilometers of track connecting the cities of Cuxhaven, Bremerhaven, Bremervoerde and Buxtehude near Hamburg.
2 years agoChina's autumn harvest is under "severe threat" from high temperatures and drought, authorities have warned, urging action to protect crops in the face of the country's hottest summer on record.
2 years agoIndonesia's central bank could also add to the gloom, if it delivers a surprise interest rate increase at its scheduled policy meeting. Economists polled by Reuters expect it to hold its 7-day reverse repo rate steady at 3.50 percent.
2 years agoAsian shares were down for a sixth straight session on Tuesday after a renewed spike in European energy prices stoked fears of recession and pushed the euro to 20-year lows. Analysts warned inflation in Britain could top 18 percent if energy prices were not restrained.
2 years agoThe US dollar hit a fresh five-week high versus major peers on Monday after more Federal Reserve officials flagged the likelihood of continued aggressive monetary tightening.
2 years agoChina cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday, adding to last week's easing measures, as Beijing boosts efforts to revive an economy hobbled by a property crisis and a resurgence of COVID cases.
2 years agoThe US dollar climbed to a fresh one-month high against a basket of major peers on Friday as Federal Reserve policymakers continued to talk up the need for further interest rate hikes ahead of their key Jackson Hole symposium next week.
2 years agoThe dollar was on the front foot on Thursday after minutes from the Federal Reserve's July meeting pointed to US interest rates staying higher for longer to bring down inflation.
2 years agoMarkets dropped in Asia on Thursday following a sell-off in New York spurred by minutes from the Federal Reserve indicating officials intended to keep lifting interest rates to tackle decades-high inflation.
2 years agoAsian markets mostly fell Friday, winding back some of the previous day's rally, as traders come to terms with the likelihood that central banks will continue to raise interest rates to battle runaway inflation.
3 years agoState-owned electricity monopoly PLN reported a declining inventory in the last three months due to a wide gap between capped domestic prices and the prices paid by offshore buyers.
3 years agoAsian shares tracked Wall Street higher on Thursday after a softer-than-expected US inflation report encouraged bets of less aggressive rate hikes from the Federal Reserve, while the dollar remained bruised after its biggest plunge in five months.
3 years agoAsian shares fell and the dollar steadied on Wednesday as investors waited for a key US report on inflation to provide hints to the Federal Reserve's plans for future monetary tightening.
3 years agoAsian share markets were mostly softer on Monday and the dollar held firm after a stunning US payrolls report pushed back against talk of recession but also bolstered the case for more super-sized rate hikes.
3 years agoThe Indonesia Stock Exchange (IDX) Composite index is expected to continue its upward trajectory after a recent recovery from bearish weeks, unless escalating geopolitical tension or domestic-interest-rate hikes get in the way.
3 years agoOil languished near its lowest since the start of the war in Ukraine on Friday on fears of a global recession, though stocks ignored such worries.
3 years agoChina and Hong Kong stocks rose on Thursday, as investors' focus shifted from tensions around Taiwan to a raft of newly launched infrastructure projects that Beijing hopes can help stabilize its COVID-19-hit economy.
3 years agoAsian stocks rose on Thursday, taking cues from a strong rally on Wall Street after robust economic data and upbeat corporate guidance boosted investor appetite.
3 years agoGlobal economic uncertainty is forcing firms in Asia, including Indonesia, to fulfill their financing needs domestically as the capital market turns volatile and dampens corporate bond issuance.
3 years agoEnd to "flush-out" tariff policy does not mean instant increase in domestic CPO and FFB prices, says farmers association.
3 years agoAsia stocks continued a decline from Wall Street on Tuesday, and US long-term Treasury yields sank to a four-month low, pulling the US dollar down against the yen and other currencies as investors worried about the risk of global recession.
3 years agoAsian share markets got off to a slow start on Monday as disappointing Chinese economic data fed doubts last week's rally on Wall Street could be sustained in the face of determined policy tightening by global central banks.
3 years agoAsian stocks were mixed on Friday as fresh concerns about Chinese growth trumped any fillip regional markets received from brisk Wall Street earnings and some tempering of more aggressive expectations about US interest rate hikes.
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