MARKET UPDATE
Asia stocks tumble as Israel attacks Iran. Asian equity markets tumbled on Friday as fears over a sudden rise in Middle East tensions following Israel’s strikes on Iran ignited a…
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Oil prices surge more than 8%
Oil prices skyrocketed in Asian trading on Friday after Israel launched a major pre-emptive strike on Iran, raising fears of broader Middle East conflict and major supply disruptions. As of…
MARKET UPDATE
Gold prices surge on Iran tensions. Gold prices rose sharply in Asian trade on Thursday, as safe haven demand was boosted by heightened concerns over military action with Iran, while…
MARKET UPDATE
Gold prices dip. Gold prices fell in Asian trade on Tuesday, pressured by improving risk appetite and waning haven demand as investors awaited a positive conclusion to ongoing U.S.-China trade…
MARKET UPDATE
Asia stocks fall on tariff uncertainty. Asian stocks fell on Friday amid increased concerns over U.S. President Donald Trump’s trade tariffs after they were reinstated by an appeals court, overshadowing…
MARKET UPDATE
Gold prices sink. Gold prices fell in Asian trade on Tuesday, extending recent declines after U.S. President Donald Trump’s postponement of steep trade tariffs on Europe helped buoy risk appetite.…
MARKET UPDATE
Gold prices pull back. Gold prices fell slightly in Asian trade on Monday, giving back some of last week’s gains after U.S. President Donald Trump over the weekend reneged on…
MARKET UPDATE
Stocks gain, dollar slips. Asian stocks gained, while the U.S. dollar was under pressure on Wednesday finding little support from a rise in bond yields, as investors fretted about the…
MARKET UPDATE
Asia stocks drift higher. Most Asian stocks rose marginally on Tuesday, with China in the lead after Beijing cut a key lending rate as expected, while Australian shares maintained gains…
MARKET UPDATE
Gold prices rise. Gold prices rose on Monday, buoyed by renewed safe haven demand after Moody’s downgraded the U.S. credit rating on concerns over fiscal health, sparking risk aversion across…
MARKET UPDATE
Gold prices fall, set for worst week since Nov. Gold prices fell in Asian trade on Friday and were headed for steep weekly losses as a trade deescalation between the…
MARKET UPDATE
Bitcoin price today up near $104k. Bitcoin rebounded on Wednesday after softer-than-expected U.S. inflation data bolstered Federal Reserve rate-cut bets, while a temporary U.S.-China trade truce further provided support. The…
MARKET UPDATE
U.S., China agree to substantially lower tariffs. The U.S. and China have agreed to a 90-day pause to soaring tariffs placed on each other and will each lower reciprocal levies,…
Oil prices up ahead of Sino-US trade meeting
Oil prices were up slightly on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China showed signs of easing and…
MARKET UPDATE
Dollar languishes before Fed meeting. The dollar was largely flat on Wednesday before a Federal Reserve meeting to determine policy for an uncertain economy and as major investors in Asia…
MARKET UPDATE
Oil prices slump nearly 4%. Oil prices fell sharply in Asian trade on Monday after the OPEC+ signalled over the weekend that it will further increase production in the coming…
MARKET UPDATE
Oil prices ticked up on Thursday. Oil prices ticked up on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting…
MARKET UPDATE
Asia stocks surge. Most Asian stocks rose sharply on Wednesday, tracking an overnight rally on Wall Street after U.S. President Donald Trump flagged an eventual lowering in steep trade tariffs…
Dollar close to multi-year lows versus euro
The dollar marked a fresh low against the yen and hovered around multi-year lows versus the euro and the Swiss franc on Tuesday as President Donald Trump’s attacks on the…
MARKET UPDATE
Asia stocks skittish. Most Asian stocks moved in a flat-to-low range on Tuesday as investors remained on edge over U.S. President Donald Trump’s trade tariffs and his persistent criticism of…