FAME Awards 2024 Recognize the Industry’s Top Brands in Australia

The Financial Achievements in Markets Excellency awards (FAME) ceremony took place yesterday in Sydney, Australia, drawing plenty of noteworthy brands and participants. These awards have quickly established themselves as a…

Gold prices dip as PCE data looms; Set for strong August

Investing.com– Gold prices fell slightly in Asian trade on Friday, but remained close to record highs as markets awaited more cues on interest rates from key U.S. inflation data due…

Exclusive-Russia payment hurdles with China partners intensified in August, sources say

MOSCOW (Reuters) – Some Russian companies are facing growing delays and rising costs on payments with trading partners in China, leaving transactions worth tens of billions of yuan in limbo,…

Asia FX muted before PCE test; yen firms on strong CPI, while yuan hits 2024 peak

Investing.com– Most Asian currencies kept to a tight range on Friday as the dollar held recent gains in anticipation of key inflation data that is likely to factor into the…

Oil inches up on Middle East supply concerns

(Reuters) -Oil prices inched higher on Friday as investors weighed supply concerns in the Middle East, although signs of weakened demand limited gains. Brent crude futures for October delivery, which…

Oil prices steady as supply concerns persist, set for August losses

Investing.com– Oil prices moved little in Asian trade on Friday amid persistent concerns over tighter supplies in Libya and Iraq, but were still nursing losses for August as traders feared…

Sterling’s stunning rally keeps twitchy currency markets on edge

By Naomi Rovnick LONDON (Reuters) – Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by…

Kamala Harris says she will not ban fracking as president

WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris told CNN on Thursday that she would not ban fracking if elected president. “No, and I made that clear on the debate…

Oil steady as players take stock of Middle East supply concerns

(Reuters) – Oil prices were steady in early trading on Friday as investors weighed supply concerns in the Middle East against signs of weakened demand. Brent crude futures for October…

As salvage starts, no oil spilling from tanker set ablaze by Houthis in Red Sea

ATHENS (Reuters) – The EU’s Red Sea naval mission Aspides said on Thursday that no oil spill has been detected on the Greek-flagged oil tanker Sounion in the Red Sea,…