Oil prices rise on upbeat Chinese data barrage; easing Mid-East tensions cap gains
Investing.com– Oil prices climbed in Asian trading on Friday, driven by upbeat Chinese economic data that exceeded expectations and lifted market sentiment, however, gains were capped by easing geopolitical tensions…
Oil prices climb on supply fears, Fed rate cut hopes
By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers…
Australian BNPL Providers Must Obtain Credit Licence
The Australian Securities & Investments Commission (ASIC) has mandated that Buy Now, Pay Later (BNPL) platforms obtain credit licences. Effective 10 June 2025, the credit licence must authorise BNPL providers…
South Korean nuclear power plant operator agrees with US Westinghouse to end dispute, utility says
SEOUL (Reuters) – South Korea’s nuclear power plant operator Korea Hydro & Nuclear Power and state utility Korea Electric Power Corp (NYSE:KEP) (KEPCO) have reached an agreement with United States’…
Tin falls back to earth but supply problems haven’t gone away: Andy Home
By Andy Home LONDON (Reuters) -Investors lost faith in tin’s bull narrative towards the end of 2024, slashing bets on a further rally and helping crash the price. Tin had…
Biden administration moves to protect more of Alaska refuge from drilling
(Reuters) – President Joe Biden’s administration on Thursday moved to put more of Alaska’s Arctic National Wildlife Refuge off limits to oil and gas development, in a last-minute bid to…
Dollar turns lower, yen strengthens ahead of Trump inauguration
By Laura Matthews NEW YORK (Reuters) -The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a Bank of Japan interest-rate hike…
Gold prices scales $2,700/oz level to over one-month high
Investing.com– Gold prices rose to above one-month highs Thursday, tracking a drop in the dollar and Treasury yields as mildly softer consumer inflation data spurred bets on lower interest rates…
Democratic states brace for Trump by launching defense of Biden policies
By Tom Hals (Reuters) – Democratic states’ attorneys general launched a legal bid this week to defend Biden administration policies on immigration, the environment and guns, just days before Donald…
Dollar strength to continue, UBS says, forecasting EUR/USD end year below parity
Investing.com — The dollar bulls aren’t likely to cave in anytime soon as higher Federal Reserve interest rates related to other central banks and pro-growth policies including tax will likely ensure…
