Explainer-COP29: What are the key issues at the UN climate summit in Baku?

By Valerie Volcovici (Reuters) – This month’s U.N. climate summit – COP29 in Baku, Azerbaijan – has been dubbed the “climate finance COP” for its central goal: to agree on…

Indian Regulator Calls Prop Trading Platforms “Unauthorised”

The Indian regulator overseeing the local securities markets has issued an advisory against “apps/web applications/platforms” offering “virtual trading services, paper trading, or fantasy games to the public based on stock…

Gold prices nurse steep losses as Trump win sparks dollar, risk-on rally

Investing.com– Gold prices fell slightly in Asian trade on Thursday, extending steep losses from the prior session after Donald Trump’s victory in the 2024 elections sparked a rally in the…

Oil prices rise as investors eye US election fallout

By Colleen Howe and Gabrielle Ng SINGAPORE (Reuters) – Oil prices rose on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a…

Asia FX nurses losses as Trump victory puts dollar at 4-mth peak; Fed awaited

Investing.com– Most Asian currencies steadied from recent losses on Thursday, while the dollar hovered around four-month highs after a Donald Trump victory in the presidential election. Focus was now on…

2024 will be world’s hottest on record, EU scientists say

By Kate Abnett and Alison Withers BRUSSELS (Reuters) – This year is “virtually certain” to eclipse 2023 as the world’s warmest since records began, the European Union’s Copernicus Climate Change…

Oil prices drift higher with China stimulus in focus; markets digest Trump victory

Investing.com– Oil prices rose in Asian trade on Thursday with focus turning squarely towards more fiscal stimulus in top importer China, while traders digested the ramifications of a Donald Trump…

Oil prices regain ground as investors eye U.S. election fallout

By Colleen Howe BEIJING (Reuters) – Oil prices edged up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Trump presidency…