United States

Oil extends gains on OPEC+ supply discipline and demand prospects

Oil rose on Wednesday, supported by an OPEC+ decision to stick to its plan to restore supply to the market…

4 years ago

Biden suspends Trump-era oil and gas leases in Alaska refuge

U.S. President Joe Biden's administration on Tuesday said it would suspend oil and gas leases that were handed out in…

4 years ago

Analysis: China’s banks are bursting with dollars, and that’s a worry

A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency…

4 years ago

U.S. manufacturing gains steam; raw material, labor shortages mounting

U.S. manufacturing activity picked up in May as pent-up demand amid a reopening economy boosted orders, but unfinished work piled…

4 years ago

World stocks hit another record, oil up in big data week

Global stocks again hit a record high and oil rose on Tuesday, as markets shrugged off concerns about rising inflation…

4 years ago

Analysis: Chasing yield, U.S. private equity firms nudge up risk on insurers

Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns…

4 years ago

Asian stocks at month high ahead of U.S. jobs data, gold rises

Asian stock markets rose on Tuesday while gold flirted near five-month highs ahead of European and U.S. data this week…

4 years ago

Dollar in doldrums as traders ponder Fed policy path; sterling soars

The dollar languished near multi-month lows versus major peers on Tuesday, as traders pondered the prospects for early policy normalisation…

4 years ago

EXCLUSIVE G7 to back minimum global corporate tax and support economy – draft

Finance ministers from the group of seven rich nations (G7) will vow this week to support their economies as they…

4 years ago

Wall St Week Ahead Betting against volatile stock market makes comeback as summer nears

Some investors are revisiting a popular trade that has largely been out of favor since last year’s market tumble: betting…

5 years ago