Oil prices rise with no Gaza ceasefire in sight

Investing.com– Oil prices rose in Asian trade on Monday, extending a rebound from the prior session as media reports showed no progress towards an Israel-Hamas ceasefire while hostilities in the…

Oil climbs on Mideast escalation fears, US rate cut expectations

By Florence Tan SINGAPORE (Reuters) – Oil prices extended gains on Monday on fears a major spillover in fighting from the Gaza conflict into the Middle East could disrupt regional…

After battle with yuan bears, China is now keen to avoid sharp currency gains

SHANGHAI (Reuters) -Having spent all year trying to put a floor under the tumbling yuan, China’s central bank is suddenly faced with the opposite problem and is turning to subtle…

Australia’s QCoal says workers sent home after death at coking coal mine

SYDNEY (Reuters) – Australia’s QCoal said on Saturday that workers at its Byerwen coking coal mine in Queensland state had been sent home pending a probe into the death of…

US sanctions 400 entities aiding Russia’s war including Chinese firms

By Simon Lewis and David Lawder WASHINGTON (Reuters) – The United States on Friday imposed sanctions on more than 400 entities and individuals for supporting Russia’s war effort in Ukraine,…

Dollar falls after Powell greenlights September easing

By Alden Bentley NEW YORK (Reuters) -The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an…

Oil climbs over 2% after Fed’s Powell indicates US rate cuts

By Erwin Seba HOUSTON (Reuters) – Oil prices rose more than 1% on Friday as U.S. Federal Reserve Bank Chair Jerome Powell signalled interest rate cuts would be among the…

Oil prices end week in red despite settling higher as Powell boosts rate-cut hopes

Investing.com– Oil prices ended the week in the red despite settling higher Friday, as Federal Reserve chairman Jerome Powell’s signal that rate cuts were coming boosted sentiment on risk assets.…

As drought breeds hunger in Guatemala, farming program aims to help

SAN AGUSTIN ACASAGUASTLAN, Guatemala (Reuters) – Drought and crop failure are a pervasive threat in Guatemala where hunger and malnutrition run rampant, particularly in rural areas – a reality that…

Oil climbs $2/barrel after Fed’s Powell indicates coming US rate cuts

By Erwin Seba HOUSTON (Reuters) -U.S. light crude oil gained more than $2 a barrel on Friday after comments by U.S. Federal Reserve Chair Jerome Powell indicated the central bank…