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Oil prices ease on strong US dollar, mixed global economic news
CRUDE prices eased about 1 per cent on Friday (Jun 21) on worries that global oil demand growth could be hit by a strong US dollar and negative economic...
Strong momentum in India’s economic activity seen sustaining, says central bank chief
Strong momentum in India’s economic activity has continued in the first quarter of the new financial year that started in April, with private investment also picking pace, Reserve Bank...
US dollar stays strong, political uncertainty saps euro
THE US dollar held steady on Monday (Jun 17), while the euro traded around more than one-month lows as political turmoil in Europe ramped up the level of uncertainty...
Oracle expects double-digit revenue growth for fiscal 2025 on strong AI demand
ORACLE on Tuesday (Jun 11) forecast its revenue for fiscal 2025 to grow in double digits, in a sign of strong demand for its artificial intelligence (AI) powered cloud...
Oil settle slightly up on forecasts for strong global demand
OIL prices edged up to settle slightly higher on Tuesday as the US Energy Information Administration (EIA) raised its global oil demand growth forecast for the year, while Opec stuck to its...
Oil edges up as Opec sees relatively strong growth in 2024 oil demand
OIL prices edged slightly higher on Tuesday (Jun 11) as Opec stuck to its forecast for relatively strong growth in global oil demand in 2024 and as investors waited...
Asia: Markets fall as strong US jobs data dents rate cut hopes
ASIAN markets mostly fell on Monday (Jun 10) as a mixed jobs report eased worries about the US economy but dampened hopes for interest rate cuts, while political uncertainty...
Greenback bounces as strong jobs report likely delays Fed easing this year
THE US dollar rebounded on Friday (Jun 7) after data showed that the economy created a lot more jobs than expected last month, suggesting that the Federal Reserve could...
