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Oil Eases as China Demand Concerns Crowd Out Lower US Stockpiles
Business

Oil Eases as China Demand Concerns Crowd Out Lower US Stockpiles

Posted on: July 10, 2024

Oil prices declined as worries about Chinese demand and uncertainty surrounding the timing of Federal

China Stocks Eye Gains; S&P 500 Steady On Powell: Markets Wrap
Business / Focus

China Stocks Eye Gains; S&P 500 Steady On Powell: Markets Wrap

Posted on: July 10, 2024July 24, 2024

European stock futures increased, while Asian stocks experienced volatility on Wednesday.

Japan’s Nikkei 225 share index surges to another record high, approaching 42,000
Business

Japan’s Nikkei 225 share index surges to another record high, approaching 42,000

Posted on: July 10, 2024

The Nikkei 225 share index in Japan closed at a new record high on Wednesday

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says
Business

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

Posted on: July 8, 2024July 8, 2024

Prepare for a series of rate cuts from the Federal Reserve that will begin in a few months and continue

Anglo American extends pay for workers of fire-hit Australian mine
Business

Anglo American extends pay for workers of fire-hit Australian mine

Posted on: July 5, 2024July 5, 2024

Australia’s Mining And Energy Union and Anglo American have agreed to extend pay for workers

China’s central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally
Business

China’s central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally

Posted on: July 5, 2024July 5, 2024

The People’s Bank of China (PBOC) has stated that it has a significant amount of bonds available for

Shell to take up to $2 billion writedown on Singapore and Rotterdam plants
Business

Shell to take up to $2 billion writedown on Singapore and Rotterdam plants

Posted on: July 5, 2024July 5, 2024

Shell announced on Friday that it will incur an impairment charge of up to $2 billion due to the sale of its

Wall Street Maps Out What a Trump Win Would Mean for Bonds
Business / Focus

Wall Street Maps Out What a Trump Win Would Mean for Bonds

Posted on: July 2, 2024July 5, 2024

Financial institutions such as Goldman Sachs, Morgan Stanley, and Barclays are reassessing the potential

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