Gold prices rise to near $2,400 with focus on Fed, rate cuts

Investing.com– Gold prices rose in Asian trade on Monday, recovering more ground from a rout through most of July as focus turned to an upcoming Federal Reserve meeting where the…

Oil gains on fears of wider Middle East conflict after rocket strike in Golan Heights

By Yuka Obayashi and Emily Chow (Reuters) -Oil prices rose on Monday, paring last week’s loss, on fears of a widening conflict in the Middle East following a rocket strike…

Ethiopia shifts to market-based foreign exchange system

ADDIS ABABA (Reuters) – Ethiopia’s central bank on Monday removed restrictions on the foreign currency market, it said, a crucial step towards securing funding from the International Monetary Fund and…

Asia FX firms as dollar dips with Fed, BOJ on tap

Investing.com– Most Asian currencies firmed on Monday, while the dollar retreated before a Federal Reserve meeting this week that is likely to yield more cues on the bank’s plans to…

Oil prices flat with Israel-Hezbollah tensions in focus

Investing.com– Oil prices were flat in Asian trade on Monday  as a missile strike on an Israel-occupied territory ramped up concerns over a greater conflict with Lebanese group Hezbollah. But…

Oil prices rise on fears of wider Middle East conflict after rocket strike in Golan Heights

By Yuka Obayashi TOKYO (Reuters) – Oil prices rose on Monday, paring last week’s loss, on fears of a widening conflict in the Middle East following a rocket strike in…

Fires in Canada’s Jasper town coming under control, say authorities

By Fergal Smith TORONTO (Reuters) – Progress has been made suppressing fires in the Canadian tourist town of Jasper, with the remaining ones expected to be put out by the…

Bitcoin price dips as Trump addresses crypto audience

(Reuters) – The price of bitcoin eased on Saturday as U.S. Republican presidential candidate Donald Trump told an audience of cryptocurrency enthusiasts that bitcoin was going to the moon and…

Blaze in Canadian tourist town still out of control but rain helping firefighters

By David Ljunggren and Anna Mehler Paperny (Reuters) -A massive wildfire that destroyed about a third of the western Canadian tourist town of Jasper is still out of control but…

Yellen says $3 trillion needed annually for climate financing, far more than current level

By David Lawder BELEM, Brazil (Reuters) – U.S. Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 trillion in new capital each…