Asian FX reserves slip as central banks grapple with strong dollar
By Jaspreet Kalra and Ankur Banerjee SINGAPORE/MUMBAI Asia's central banks have spent this year defending their currencies against
2023-10-16 15:56
Oil prices gain as concerns mount over Middle East tensions
Oil prices rose above $91 a barrel on Monday as diplomatic efforts to address the crisis in the Middle East intensified.
2023-10-16 13:55
Rite Aid Files for US Bankruptcy, Will Close More Stores
US pharmacy chain Rite Aid Corp. filed for bankruptcy as it looks to restructure debts, and said it
2023-10-16 13:16
Gold Billionaire Sawiris Eyes Stake in $7 Billion Reko Diq Mine
Egyptian billionaire Naguib Sawiris, who has forged a fortune in telecom and gold, is eyeing an investment in
2023-10-16 12:54
Millennial Banana Heir Noboa Wins Ecuador Presidency in Runoff
A 35-year-old business leader from a wealthy fruit-exporting dynasty, Daniel Noboa, will be Ecuador’s next president after winning
2023-10-16 09:54
Time Is Running Out for the ‘Year of the Bond’ as Losses Mount
The tagline from Wall Street was that 2023 was the year of the bond. Instead, fund managers are
2023-10-16 09:18
Global Markets Brace for More Volatility Amid Israel Conflict
Traders are preparing for another week of wild price swings as continuing conflict in the Middle East fuels
2023-10-15 22:51
Eskom Latest: Power Cuts Suspended, Stage Two Cuts from Monday
Eskom has extended the suspension of power cuts to 4 p.m. on Monday as the utility enjoys stable
2023-10-15 22:29
Ripple effect seen on markets globally from Middle East conflict
By Matt Tracy WASHINGTON Economists and market strategists are anticipating further ripple effects globally from the Middle East
2023-10-15 12:16
Adani’s New Mega Port Can Lure World’s Biggest Ships to India
When Zhen Hua 15 — a heavy load cargo carrier sailing from the East China sea — unloads
2023-10-15 10:57
New Zealand Elects Center-Right Government for Post-Pandemic Era
New Zealanders have chosen a center-right government to manage mounting economic challenges in the aftermath of the pandemic,
2023-10-15 10:57
Turbulent Bond Market Offers a Fleeting Glimpse of Cycle’s End
Bond traders got a glimpse this week of what the eventual end of the Federal Reserve’s hiking cycle
2023-10-15 04:48