Worries
Oil settles lower on worries Hurricane Beryl could hit US demand
OIL prices settled down about 1 per cent to a one-week low on Monday as Hurricane Beryl shut US refineries and ports along the Gulf of Mexico, and on...
Oil prices up 2% to two-month high on summer demand hopes, supply worries
OIL prices gained about 2 per cent to a two-month high on Monday (Jul 1) on hopes of rising demand during the Northern Hemisphere’s summer driving season and worries...
Asia: Euro edges up on easing worries about French election
THE euro rose against the dollar on Monday on signs France’s far-right would not win enough seats for an overall majority in legislative elections.The single currency had come under...
Asia: Markets rebound on bargain-buying but tech worries linger
ASIAN equities edged higher on Tuesday after recent losses as investors ignored another tough day for tech titans on Wall Street that has raised concerns about a correction in...
US dollar slips; yen briefly jumps as intervention worries linger
THE US dollar was slightly weaker on Monday (Jun 24) but remained close to an almost eight-week high, while the yen briefly jumped as it languished near the 160...
More worries for China, sales at big e-commerce festival drop for first time
SALES fell for the first time ever at China’s blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates...
Australia holds key rate at 12-year high on inflation worries
AUSTRALIA’S central bank kept interest rates at a 12-year high as it awaits a shift lower in stubbornly sticky inflation before being ready to signal policy easing.The Reserve Bank...
Asia: Stocks drop on worries over global risks
Asian stocks fell as concern over France’s political crisis stoked anxiety in global markets, while traders awaited policy decisions from major central banks due this week.Equity benchmarks in Japan...
