Asia FX firms as dollar steadies before Powell, inflation cues

Investing.com– Most Asian currencies firmed on Thursday while the dollar steadied before more cues on interest rates, especially from an address by Federal Reserve Chair Jerome Powell later in the…

Oil prices steady as Libya supply concerns ease, US inventories shrink

Investing.com– Oil prices steadied in Asian trade on Thursday after clocking steep losses in the prior session on signs of a potential pick-up in Libyan production. But prices were sitting…

Oil prices little changed as US stockpile drop offsets global demand woes

By Katya Golubkova TOKYO (Reuters) – Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the…

New Zealand, United Arab Emirates reach trade pact

(Reuters) – New Zealand on Thursday reached a trade deal with the United Arab Emirates, which it said would unlock economic opportunities for exporters and boost supply chains with one of…

Hurricane Helene may hit Florida as a ‘catastrophic’ Category 4 storm

By Rich McKay, Brendan O’Brien and Andrew Hay (Reuters) -Hurricane Helene is forecast to rapidly strengthen and could hit Florida on Thursday as a Category 4 storm, producing “catastrophic” winds…

Agriculture groups urge White House to avert East Coast port strike

By David Shepardson, Jarrett Renshaw and Karl Plume WASHINGTON/CHICAGO (Reuters) -Agriculture organizations on Wednesday urged the White House to take action to avert a potential Oct. 1 strike at U.S.…

Dollar rises from 14-month low, yuan dips

By Karen Brettell NEW YORK (Reuters) – The dollar hit a 14-month low against the euro on Wednesday as traders bet that the Federal Reserve will make another large rate…

Darwinex Operator’s Profit Rises by over 50% Despite Revenue Decline

Tradeslide Trading Tech Limited, the company behind the Darwinex brand in the UK, released its financial results for the year ended 2023, highlighting an increase in profit despite a decline…

Oil falls on easing Libya supply concerns, lingering China demand worries

By Nicole Jao NEW YORK (Reuters) – Oil prices slumped over 2% on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China’s latest stimulus…

Oil falls despite China’s stimulus plan; US crude stocks draw limits losses

By Arunima Kumar (Reuters) – Oil prices fell more than 1% on Wednesday as investors reassessed whether China’s latest stimulus plans will be able to boost its economy and spur…