prices

Oil prices climb more than US per barrel on supply risk
Oil prices climb more than US$1 per barrel on supply risk
THE Brent and US West Texas Intermediate crude oil benchmarks rose more than US$1 a barrel during trade on Friday (Apr 5) as markets watched for signs of any...
Saudi Arabia hikes key oil prices further as market tightens
Saudi Arabia hikes key oil prices further as market tightens
SAUDI Arabia hiked the price of its flagship crude to its main buyers in Asia for next month after Opec+ agreed to keep current supply cuts in place and...
Gold prices touch record high after Powell’s comments
Gold prices touch record high after Powell’s comments
GOLD surged to a record high on Thursday (Apr 4), as Federal Reserve chair Jerome Powell underlined that recent job gains and higher-than-expected inflation readings do not significantly alter...
ExxonMobil signals weaker oil and gas prices to hit first-quarter profit
ExxonMobil signals weaker oil and gas prices to hit first-quarter profit
EXXONMOBIL on Wednesday (Apr 3) signalled first-quarter operating results would drop over the prior quarter on weaker oil, gas prices and a big loss in fuel derivatives, a securities...
Samsung profit likely biggest in six quarters on higher chip prices
Samsung profit likely biggest in six quarters on higher chip prices
SAMSUNG Electronics is expected to post a nearly nine-fold increase in first-quarter profit from a year earlier as rebounding semiconductor prices lift earnings from a low base caused by...
Spotify changing how it charges customers, with new plans and prices
Spotify changing how it charges customers, with new plans and prices
SPOTIFY Technology plans to raise the price of its popular audio service in several key markets for the second time in a year, a crucial step toward reaching long-term...
Why cocoa prices spiked, and what it means for chocolate lovers
Why cocoa prices spiked, and what it means for chocolate lovers
A STEADY rise in the price of cocoa beans over two years skyrocketed in March, with futures contracts more than doubling in three months to reach a level twice...
Swatch buyers in China hesitate over higher prices, CEO says
Swatch buyers in China hesitate over higher prices, CEO says
THE Chinese market is likely to be difficult until the end of the year, with consumers hesitating over higher prices, the chief executive of Swiss watchmaker Swatch Group was...
Global shipping prices stabilising in wake of Suez disruption, but at higher level
Global shipping prices stabilising in wake of Suez disruption, but at higher level
GLOBAL shipping prices are starting to stabilise, after rising for several months due to Red Sea tensions – but they may settle at a higher level than before, said...
Uptick in commodity prices bears close watch
Uptick in commodity prices bears close watch
WHILE inflation, the silent thief of purchasing power, has fallen off its peak in most countries, it hasn’t come down to the targets set by the major central banks....