Asia shares fall, oil set for weekly gains on Mideast risks
By Rae Wee SINGAPORE (Reuters) – Asian stocks retreated on Friday while oil prices headed for their sharpest weekly gain in more than a year,...
Business & Economy
The 2024 disinflation lesson: ignore oil at your peril: McGeever
by Reuters
By Jamie McGeever ORLANDO, Florida (Reuters) -In today’s digital and services-dominated economy, one might be forgiven for buying into the narrative that oil no longer...
Timing of BOJ’s policy change must align with Japan’s broader goal, economy minister says
by Reuters
TOKYO (Reuters) – Japan’s new economy minister, Ryosei Akazawa, said on Friday that the timing of changes in the Bank of Japan’s monetary policy should...
Dollar poised for largest weekly gain since April, jobs report in focus
by Reuters
By Ankur Banerjee SINGAPORE (Reuters) – The dollar hung around a six-week high on Friday, set for its biggest weekly gain since April due to...
Japan PM Ishiba instructs cabinet to compile fresh stimulus package
by Reuters
TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba formally instructed his cabinet on Friday to compile a fresh economic package to cushion the blow to households...
Oil edges up on Middle East conflict but supply outlook limits gains
by Reuters
(Reuters) – Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle...
Stocks edge lower as Middle East conflict pushes oil higher
by Reuters
By Chibuike Oguh and Iain Withers NEW YORK/LONDON (Reuters) -Global stocks fell on Thursday, weighed by tepid trading in equity markets across the U.S. and...
Indexes end lower ahead of US jobs data, Middle East still in focus
by Reuters
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks finished lower on Thursday ahead of Friday’s monthly U.S. payrolls report and as investors kept a watchful...
China stimulus draws investors back to offshore bonds of troubled property sector
by Reuters
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Some Chinese and global institutional investors are revisiting Chinese property bonds, betting on an improvement...
Morning Bid: Oil’s shadow over world markets darkens
by Reuters
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. What comes down must go up. And so it is with...