Gold prices edge higher as Biden pulls out of presidential race

Investing.com– Gold prices rose slightly in Asian trade on Monday, with the yellow metal seeing some safe haven demand after U.S. President Joe Biden dropped his bid reelection and endorsed…

Dollar eases as Biden ends re-election bid; yuan weakens after rate cut

By Kevin Buckland TOKYO (Reuters) -The dollar eased slightly on Monday as investors gauged the implications of U.S. President Joe Biden’s decision to end his re-election campaign and clear the…

Asia FX weak, dollar edges lower after Biden drops presidential bid

Investing.com– Most Asian currencies tread water on Monday as an unexpected interest rate cut in China offered little cheer, while the dollar crept lower after President Joe Biden said he…

Oil prices rise as China cuts interest rates; Gaza ceasefire in focus

Investing.com– Oil prices rose in Asian trade on Monday, recovering some measure of recent losses on hopes of improving economic conditions in top importer China after the country unexpectedly lowered…

Explainer-Harris’ business views: friendly to Big Tech, aggressive in climate fight

WASHINGTON (Reuters) -U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key…

Oil prices rise as investors look for signs US rate cuts to begin

By Katya Golubkova TOKYO (Reuters) – Oil prices rose in early trade on Monday as investors keep a lookout for signs of a rate-cut cycle expected to begin as soon…

Explainer-U.S. Vice President Harris’ views on business issues

WASHINGTON (Reuters) – U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some…

Germany’s Scholz says Biden’s decision to drop reelection bid ‘deserves recognition’

FRANKFURT (Reuters) – German Chancellor Olaf Scholz said on Sunday that U.S. President Joe Biden’s decision to drop his reelection bid deserved recognition, and praised his achievements including strengthening the…

Porsche could take stake in battery maker Varta as part of major overhaul

By Alexander HΓΌbner MUNICH (Reuters) -German battery maker Varta on Sunday said it is discussing two restructuring scenarios that could potentially lead to luxury sportscar maker Porsche taking a stake…

Ecuador and Chilean subsidiary ENAP renegotiate oil agreement

QUITO (Reuters) – Ecuador and a subsidiary of Chile’s state-owned oil company ENAP renegotiated an existing agreement for the exploitation of an oil block in the Ecuadorian Amazon (NASDAQ:AMZN), with…