Asia FX inches up as dollar falls after Trump’s Treasury nomination
Investing.com– Most Asian currencies inched up on Monday, while the Japanese yen firmed against the dollar as nomination of fund manager Scott Bessent as Treasury Secretary pulled U.S. bond yields lower,…
Divisions on curbing plastic waste persist as UN treaty talks begin
By Valerie Volcovici and Joyce Lee (Reuters) – As delegates from 175 countries gathered in Busan, South Korea on Monday for the fifth round of talks aimed at securing an…
Analysis-Contentious COP29 deal shows climate cooperation fraying at edges
By Valerie Volcovici, Richard Valdmanis and Karin Strohecker BAKU (Reuters) – When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on…
Oil prices ease but remain near 2-week highs on Russia, Iran tensions
By Florence Tan and Gabrielle Ng SINGAPORE (Reuters) -Oil prices retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tensions grew between Western powers…
Gold prices slide amid reports of Israel-Hezbollah ceasefire deal
Gold prices slide amid reports of Israel-Hezbollah ceasefire deal Published Nov 24, 2024 11:54PM ET © Reuters. Gold -1.41% Add to/Remove from Watchlist DX -0.54% Add to/Remove from…
Trump Treasury pick Scott Bessent to prioritize tax cuts, WSJ reports
(Reuters) – President-elect Donald Trump’s nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an interview published…
Oil holds at 2-week high as Russia, Iran tensions support prices
By Florence Tan SINGAPORE (Reuters) – Oil prices hovered near two-week highs on Monday following 6% gains last week, as geopolitical tensions heightened between western powers and major oil producers…
Oil prices flat amid Israel-Hezbollah ceasefire reports
Investing.com– Oil prices moved little in early Asian trade on Monday, steadying after strong gains last week as traders digested reports that Israel was close to a ceasefire with Lebanon…
Countries remain divided as fifth U.N. plastics treaty talks begin
By Valerie Volcovici and Joyce Lee (Reuters) – As delegates from 175 countries gathered in Busan, South Korea on Monday for the fifth round of talks aimed at securing an…
ME conflict remains at risk of escalation, oil and gold can help hedge risk
Investing.com — The ongoing Middle East conflict, marked by escalating tensions and persistent hostilities, remains a critical risk factor for global stability. Analysts at UBS emphasize that while the situation…
