Schlumberger Q3 Profit Jumps as Drilling Activity Picks Up
On Friday, top oilfield services provider Schlumberger (NYSE: SLB) Ltd reported a 64.9 per cent jump in Q3 profit as a rise in oil and...
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Most Asian Stocks Extend Gains as Markets Await UK Inflation Data
Asian shares were mostly up on Wednesday as US corporate earnings boosted sentiment, while traders awaited UK inflation data later in the day to see...
Asian Shares Rise as Rescue Rally Builds After UK U-Turn
Asian shares edged higher on Tuesday as a sharp U-turn in UK fiscal policy boosted investor sentiment, while the dollar took a breather at its...
India’s Fuel Demand Records 10-Month Low in Sept
In September, India’s monthly fuel demand was at the lowest since November 2021, Government data showed. The aggregate monthly fuel demand in the September deck...
Asian Shares Rise, Extend Gains After OPEC+ Deal
Asian shares were cautiously higher on Thursday, while the dollar weakened ahead of US nonfarm payrolls data and oil prices rose for a fourth straight...
Asian Stocks Have Had Their Worst Month Since Pandemic Started
On Friday, Asian stocks posted their worst month since the COVID-19 pandemic, while panic prevailed in currency and bond markets amid central bank rhetoric, fears...
Asian Stocks Rise on China Stimulus, Upcoming Rate Action
Asian shares rose in early trade on Tuesday after China pledged on Monday to make another effort to boost its economy. At the same time,...
Asian Shares Rise as Hopes for Audit Deal Boost Chinese Tech
Asian shares rose on Friday, uplifted by news that China and the US may progress in finalising an audit agreement. At the same time, traders...
Asian Shares Rise as Investors Rush for Clues on US Rate Hike
Asian shares were broadly upbeat, while the dollar edged lower Thursday as investors nervously awaited the US Federal Reserve’s annual Jackson Hole meeting for clues...
Asian Stocks Drop, Dollar Strengthens, Yuan Falls
On Monday, Asian shares slipped as worries about global growth extended the dollar’s gains as most major banks continued to raise interest rates. At the...