15+ hour, 24+ min ago   (627+ words) Asian markets slid as oil prices surged due to supply concerns, while investors braced for anticipated interest rate hikes from the US Federal Reserve and Bank of Japan this week. SYDNEY: Share markets slid in Asia on Monday as supply…...

15+ hour, 34+ min ago   (431+ words) Oil prices surged over 2% due to Houthi strikes, Iranian attacks on ships, and the closure of a key Saudi pipeline, intensifying global supply concerns. BEIJING: Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and…...

1+ day, 5+ hour ago   (660+ words) Despite the UAE's announced trade suspension with Iran, informal trade and financial ties persist in Dubai, sustained by a large Iranian community and historical economic interdependence. DUBAI: In the markets of old Dubai, saffron, cumin, pistachios and almonds from Iran…...

1+ day, 20+ hour ago   (365+ words) WASHINGTON: US consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce financial market expectations that the Federal Reserve could raise interest rates next week. The Labor Department’s Consumer Price…...

3+ day, 11+ hour ago   (332+ words) Copper was set to snap a 10-week winning streak, despite a marginal Friday rise, after Reuters reported that the White House had yet to decide on refined copper tariffs, triggering a sharp drop from record highs. Three-month copper on the…...

3+ day, 11+ hour ago   (238+ words) SHANGHAI: China and Hong Kong stocks slipped on Friday and were on track to close the week lower, as thin trading volumes and growing expectations of further US interest rate hikes dampened risk sentiment. China’s blue-chip CSI300 Index dropped 1.6% by the…...

2+ week, 1+ day ago   (204+ words) WASHINGTON: United States President Donald Trump has announced a major oil agreement with Venezuela, saying the US has secured majority control of more than 65 billion barrels of the country’s proven oil reserves. Trump described the deal as the “biggest oil…...

2+ week, 5+ day ago   (311+ words) Pakistan's Prime Minister Shehbaz Sharif aims to transform economic ties with Saudi Arabia into a strategic partnership, as a Saudi business delegation expresses interest in diverse investment sectors. ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday said Pakistan was keen to…...

3+ week, 15+ hour ago   (682+ words) Global markets are flat as investors await US sanctions on Iran, Nvidia's earnings, and Fed guidance, while a US-Canada trade war looms and the dollar weakens. SYDNEY: Share markets were flat in Asia on Monday and oil prices eased as…...