Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of...
Saudi Aramco and Abu Dhabi National Oil Co. have been separately studying potential bids for Australia’s Santos Ltd., as the Middle Eastern energy giants seek to ramp up their gas investments...
04/07/2024
Two economists flipped their forecasts for Japan’s economy to show a contraction in 2024 a day after first-quarter gross domestic product data were revised sharply lower, highlighting the Bank of...
03/07/2024
Leader Kim Jong Un said North Korea’s economy is on a “clear upturn” as his state claimed a successful test of a new tactical ballistic missile that could be sent to Russia in exchange for aid to...
02/07/2024
US employers probably tempered their hiring while wage growth moderated in June, another favorable development for Jerome Powell and his Federal Reserve colleagues seeking more confirmation that...
01/07/2024
Turkey extended an interest-rate pause in place since April, with the central bank telegraphing a hawkish path as it stays on alert for risks to inflation that just peaked above 75%.The Monetary...
28/06/2024
Japan will take appropriate action as needed to defend its currency as it watches out for sudden, one-sided moves, Finance Minister Shunichi Suzuki told reporters after the yen slid to the lowest...
27/06/2024
Financial troubles at South Korean developers may worsen as they start to bear the brunt of a market slump that weighs on their earnings, the central bank said, issuing the latest warning over credit...
26/06/2024
Federal Reserve Bank of San Francisco President Mary Daly warned the US labor market is nearing an inflection point, where further slowing could mean higher unemployment.Daly, who votes on monetary...
25/06/2024
Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers will be able to cut interest rates if inflation continues to cool as it did last month.Goolsbee, speaking Thursday in an...
21/06/2024