Delta variant of COVID-19

Asia stocks slip as China’s economy stumbles

Asian shares slid on Monday after a raft of Chinese data showed a surprisingly sharp slowdown in the engine of…

4 years ago

Marketmind: Muddied Waters

Investors can be forgiven for being nonplussed on the data front this week. A day after U.S. consumer inflation data…

4 years ago

Malaysia c.bank slashes 2021 growth outlook on COVID-19 surge, lockdowns

Malaysia's economy expanded more quickly than expected on an annual basis in the second quarter, but the central bank slashed…

4 years ago

OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman

U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC+ to boost oil output is…

4 years ago

Airbnb warns of Delta impact on bookings, shares fall over 4%

Airbnb Inc (ABNB.O) said on Thursday its current-quarter bookings could be hit by the Delta variant of the coronavirus and a slowing…

4 years ago

Oil dips as Delta variant weighs on demand forecasts

The Brent benchmark oil price fell for a second day on Friday, albeit holding above $70 a barrel, after the…

4 years ago

Dollar holds firm near 4-month high on Fed tapering bets

The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as…

4 years ago

Fund managers position for transitory U.S. inflation

Based on expectations that U.S. inflation will be transitory and that the Federal Reserve will clearly communicate its plans to…

4 years ago

Asian shares fall as Delta fears eclipse Wall Street uptick

Asian shares failed to follow a strong close on Wall Street with fears about the spread of the Delta variant…

4 years ago

Oil prices drop as IEA warns of slowdown in demand recovery

Oil prices declined on Thursday after the International Energy Agency (IEA) said the spread of the Delta variant of the…

4 years ago