Oil falls on lingering demand concerns in China
By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve…
Gold prices rise, close to record highs as rate cut bets mount
Investing.com– Gold prices rose in Asian trade on Tuesday, coming within sight of new highs amid increased bets that the Federal Reserve will begin cutting rates from September.ย But gains…
Asia FX muted as dollar perseveres; yen on intervention watch
Investing.com– Most Asian currencies moved in a flat-to-low range on Tuesday as speculation over a Donald Trump presidency helped the dollar rise past increased bets on interest rate cuts.ย The…
Oil prices fall on lingering Chinese demand concerns
By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve…
Oil prices fall amid China demand woes, rate cut hopes
Investing.com– Oil prices fell in Asian trade on Tuesday, weighed chiefly by signs of increasing economic weakness in top importer China, which could limit demand in the coming months.ย ย But…
Oil prices tick down on worries about Chinese demand
By Arathy Somasekhar (Reuters) – Oil prices edged lower on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will…
UK building firms face worst recruitment problems, survey shows
LONDON (Reuters) – Construction and engineering firms are bearing the brunt of Britain’s shortage of workers, according to a survey that underscores the challenge for Prime Minister Keir Starmer to…
Dollar lower after Powell, crypto climbs as investors eye Trump win
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt on…
Oil prices ease on demand concerns in China
By Scott DiSavino NEW YORK (Reuters) -Oil prices eased on Monday as worries about demand in top importer China offset supportive U.S. economic news, OPEC+ supply restraint and ongoing Middle…
Former Chevron CEO Kenneth Derr dies at 87
By Sabrina Valle HOUSTON (Reuters) – Former Chevron Corp (NYSE:CVX) chairman and CEO Kenneth T. Derr, who led the company between 1989 and 1999, died on Friday shortly before his…