Japanese Stocks Dropped on Interest Rate Hike Worries
Japanese stocks dropped on Monday due to expectations of further central bank interest rate hikes following the ruling party elections. Iron ore prices rose after...
Category : WORLD
Oil Heads for Deep Weekly Loss on Prospects for Jump in Supply
Brent crude approached the USD 71 per barrel mark and is down by more than 4% for the week, while West Texas Intermediate is trading...
Asian Equities Rallied as Soft Yen Supports Japan
Asian stocks rose on Thursday as the weaker yen and stimulus measures from Beijing supported the region’s two largest stock markets. Equities in Japan and...
Chinese Stocks Rallied on Stimulus-led Gains
The stock markets in South Korea and Australia went up, while those in Japan showed mixed results due to the yen gaining strength against the...
Oil Prices Surged on Middle East Tensions and China Policy Optimism
Brent crude increased to over USD 74 a barrel on Tuesday, following a 0.8% drop on Monday, while West Texas Intermediate was close to USD...
AI Firm G42 and Nvidia to Collaborate on Climate Tech
G42, an artificial intelligence (AI) company based in the United Arab Emirates (UAE), announced on Friday its partnership with US chipmaker Nvidia to collaborate on...
Oil Heads for Biggest Weekly Gain Since February After US Fed Cut
Oil was on track for its biggest weekly advance since February after the Federal Reserve’s steep interest-rate cut, while traders continued to monitor steaming tensions...
US Fed Interest Rate Cut by 50 Basis Points and its Impact on India
On Wednesday, September 18, the US Federal Reserve cut interest rates by 50 basis points, marking the first reduction over four years. In its announcement,...
Deflation in China Can Result in Unexpected Gains for India
China is facing one of the longest deflation streaks since 1993, affecting everything around, including oil prices. According to one of the world’s biggest oil...
Asian Stocks Remained Steady on Anticipation of Fed Rate Outcome
Asian stocks remained stable early Tuesday following a mixed session on Wall Street, where traders increased their bets on the Federal Reserve delivering a half-point...
