Concerns
Oil gains on supply concerns, investors await July Opec+ output decision
[NEW YORK] Oil prices gained more than 1 per cent on Wednesday on supply concerns as Opec+ agreed to leave their output policy unchanged and as the US barred Chevron...
Oil prices ease as US-Iran talks, Opec+ plans spur supply concerns
[HOUSTON] Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in their talks and on expectations that...
Asian Markets Slip as U.S. Debt Concerns and Treasury Yields Rattle Global Sentiment
Asian markets closed lower on Thursday as they were pulled down by renewed worries about the United States government's mounting fiscal deficit and a sharp increase in yields on...
Gold Prices Slip After Near Two-Week High Amid Dollar Strength and U.S. Debt Concerns
Gold decreased modestly on Thursday after they touched their two-week peak in the morning trading. Spot gold lost 0.3% at $3,303.82 per ounce as of 1020 GMT, and U.S....
Oil Prices Fall as OPEC+ Considers Boosting Output Amid Rising Supply Concerns
Oil prices fell more than 1% on Thursday after reports emerged that the OPEC+ group of producers might boost production in July. This has seen worries emerge about global...
Former Citigroup traders drop Hong Kong lawsuit on cost concerns
[HONG KONG] Two former Citigroup traders in Hong Kong abandoned their employment lawsuits after weighing the costs and difficulties of taking it to a higher court, sources familiar with...
Gold gains on weaker dollar, US fiscal concerns
[BENGALURU] Gold prices rose on Wednesday (May 21) as the US dollar slipped to a two-week low and investors sought safety amid US fiscal uncertainty, with Congress debating a...
Oil settles up as signs of US-Iran impasse counter economic concerns
[NEW YORK] Oil prices settled marginally higher on Monday as signs of a breakdown in US talks with Iran over its nuclear programme offset a Moody’s downgrade of the US...