prices
Oil prices fall after Iran attack as market draws down risk premium
OIL prices fell during trade on Monday, as market participants dialled back risk premiums following Iran’s attack on Israel late on Saturday which the Israeli government said caused limited...
Gold prices hit record highs on safe-haven demand
GOLD prices scaled to a record high on Friday as geopolitical tensions continued to boost demand for the safe-haven metal, while strong economic data failed to dampen bullion’s allure.Spot...
US dollar weakens after producer prices data, falls below 153 against yen
THE greenback fell on Thursday (Apr 11) as weaker-than-expected US producer prices for March partly eased market concerns about persistent inflation, suggesting that even with recent strong economic data,...
US: Wall Street drops over 1% after hot consumer prices data
WALL Street’s main stock indices tumbled on Wednesday (Apr 10) after a stronger-than-anticipated inflation reading dampened hopes of the Federal Reserve kicking off its monetary easing cycle in June.A...
Oil prices settle lower again, eyes on talks for Gaza ceasefire
OIL prices settled lower for a second day on Tuesday (Apr 10), as talks for a ceasefire in Gaza continued, but losses were limited to less than a dollar...
Rare earths prices in China hit 7-week high on post-holiday restocking
RARE earths prices in top producer China jumped to their highest in more than seven weeks on Monday (Apr 8) on a wave of post-holiday restocking among buyers, before...
Gold prices edge higher as markets await Fed minutes, CPI data
GOLD prices edged up on Tuesday (Apr 9), hovering slightly below a record high as investors awaited the US Federal Reserve’s policy meeting minutes and key inflation data for...
Alibaba slashes cloud prices globally as AI demand quickens
ALIBABA Group Holding is cutting prices for cloud customers outside of China by as much as 59 per cent, mirroring deep discounts at home as the once high-flying division...
