finance

European stocks stuck at peak as recovery uplift fades

European stocks look set to hold around or inch just above current record levels as the initial boost stemming from…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago

European stocks near record high, NZ dollar rises

European stocks approached record highs on Wednesday after U.S. Federal Reserve officials soothed investors' inflation worries, though the New Zealand…

5 years ago

Buy now, pay later players tackle credit conundrum in Mideast’s Gulf

Financial technology start-ups in Saudi Arabia and the United Arab Emirates offering online short-term credit say they are enjoying exponential…

5 years ago

Bitcoin reclaims $40,000 as crypto volatility lingers

Bitcoin climbed back above $40,000 on Wednesday for the first time this week, as recent volatility in the cryptocurrency market…

5 years ago

GameStop jumps more than 16% as ‘meme’ stocks roar higher

Shares of GameStop (GME.N) soared 16.3% on Tuesday after hitting their highest level since late March, and other so-called "meme"…

5 years ago

Asian shares up, dollar wallows as Fed soothes inflation fears

Asian shares rose on Wednesday while the U.S. dollar stood near its lowest levels this year after U.S. Federal Reserve…

5 years ago

Wall Street pauses as investors eye inflation clues

U.S. stocks closed slightly lower on Tuesday, and each of Wall Street's main indexes failed to stray far from the…

5 years ago

Shell weighs shut Louisiana refinery’s future as Baton Rouge firm promotes bid

Royal Dutch Shell (RDSa.L) was still evaluating plans for an idled Louisiana oil refinery, the company said on Monday, after…

5 years ago

Cryptocurrencies bounce back from Sunday sell-off, bitcoin still down 30% in May

Bitcoin jumped more than 10% during a surge in cryptocurrencies Monday, regaining some ground lost during a weekend sell-off that…

5 years ago