Latest news

Malaysia
Aug 5, 2024

VEGOILS-Palm drops 3% to 6-month low as weaker crude oil, firmer ringgit weighs

Malaysian palm oil futures fell more than 3% on Monday to their lowest closing cost in six months, as weaker petroleum costs and a stronger ringgit weighed...

Indonesia
Aug 5, 2024

Rebels in Indonesia's Papua kill helicopter pilot from New Zealand, authorities say

Separatist rebels in Indonesia's easternmost region of Papua on Monday killed a. helicopter pilot from New Zealand, police stated, including four. travelers aboard the airplane were safe....

Vietnam
Aug 5, 2024

Vietnam sentences ex-FLC chairman to 21 years in jail for fraud, stock control

A court in Vietnam sentenced the former chairman of home designer FLC to 21 years in prison on Monday for fraud and stock manipulation, in the current...

France
Aug 5, 2024

Gas shocks play higher function in euro zone inflation, ECB paper says

Gas rate shocks have a progressively crucial effect on euro zone inflation although still not as much as oil cost fluctuations, fresh research study released by the...

Japan
Aug 5, 2024

Itochu to take complete control of 2 units and start buyback

Japanese trading house Itochu said on Monday it would spend 220 billion yen ($ 1.5. billion) to take complete control of two systems, including garments. business Descente,...

China
Aug 5, 2024

Global growth angst strikes copper costs

Copper costs tumbled on Monday as a weakening demand outlook in China and the United States, the world's 2 largest economies, set off a selloff of the...

United States
Aug 5, 2024

Bunge, ADM to benefit as United States farmers sell low-cost crops in 'haul of embarassment'

A spike in bargainbasement crop sales by U.S. farmers requiring to make room in storage bins for autumn harvests could increase success at grain handlers such as...

United Kingdom
Aug 5, 2024

Gold dips in volatile market however retains safe-haven appeal

Gold costs eased in unpredictable trading on Monday as financiers liquidated positions in tandem with a. more comprehensive equities selloff, though analysts stated bullion's. safehaven appeal remains...

Ukraine
Aug 5, 2024

Ukraine receives $3.9 bln grant from United States, prime minister says

Ukraine has actually gotten a $3.9. billion grant from the United States through the World Bank,. Ukrainian Prime Minister Denys Shmyhal stated on Monday. This is the...

India
Aug 5, 2024

India's Marico beats Q1 revenue approximates on cooking, hair oil need

India's Marico , which owns the Saffola and Parachute packaged oil brand names, reported a somewhat biggerthanexpected increase in firstquarter earnings on Monday, helped by constant need...

United Kingdom
Aug 5, 2024

Sidara drops strategies to buy UK's Wood Group mentioning geopolitical threats

Dubai's Sidara said on Monday it was ignoring its plan to buy UK's John Wood Group, mentioning increasing geopolitical dangers and unpredictability in the financial market, prompting...

China
Aug 5, 2024

Iron ore strikes two-week high on enhanced Chinese economic outlook

Iron ore futures costs hit a twoweek high up on Monday, buoyed by an enhanced Chinese economic outlook following strong services information and continued stimulus expectations from...

Oman
Aug 5, 2024

Gulf markets slide on US economic crisis worries, regional tensions

Significant stock exchange in the Gulf tumbled on Monday, tracking Asian shares lower on worries that the United States could be heading for recession, while concerns about...

United Kingdom
Aug 5, 2024

London's FTSE 100 drops as U.S. recession fears stimulate worldwide sell-off

London's FTSE 100 plunged over 1.5% on Monday to strike their lowest in over 3 months, as recession worries in the United States activated a global selloff....

United Kingdom
Aug 5, 2024

Gold retreats once again as profit-taking outweighs economic downturn issues

Gold prices dropped once again in unstable trade on Monday as profittaking countered assistance from increasing expectations for a rate cut from the Federal Reserve in the...

Ukraine
Aug 5, 2024

Hugo Employer sells Russian company to wholesale partner Stockmann

Hugo Boss has actually sold its Russian service to wholesale partner Stockmann for an undisclosed fee, the German style home stated on Monday, joining the ranks of...

United States
Aug 5, 2024

China asks large state financial institutions to drop auditor PwC, state sources

Chinese regulators have in current months asked a number of large stateowned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for penalties over its...

China
Aug 5, 2024

Aurubis misses Q3 profits expectations as recycling revenue falls

Europe's biggest copper producer Aurubis reported thirdquarter revenues before tax ( EBT) listed below expectations on Monday, weighed down by lower recycling revenues and sulfuric acid rates....

Spain
Aug 5, 2024

VEGOILS-Palm oil decreases as weaker crude oil, firmer ringgit weighs

Malaysian palm oil futures fell on Monday, as weaker petroleum rates and a. more powerful ringgit weighed on market sentiment. The benchmark palm oil agreement for October....

United Kingdom
Aug 5, 2024

Oil prices slip, United States economic downturn fears offset Mideast supply worries

Oil futures extended losses in an unpredictable session on Monday as worries of a recession in top oil consumer the United States balance out supply concerns stemming...

United States
Aug 5, 2024

Hurricane Debby takes goal at Florida's Gulf Coast, expected to slog up East Coast

Hurricane Debby is anticipated to slam into the Huge Bend region of Florida's Gulf Coast by midday on Monday before slowly crossing the state, causing possibly harmful...

China
Aug 5, 2024

London copper gets on China data, Fed rate-cut prospects

Prices of copper and other metals in London started the week higher on Monday, following data revealing development of China's service activity, while possibility for deeper rates...

United States
Aug 5, 2024

MORNING Quote EUROPE-Bathed in a sea of red

A look at the day ahead in European and global markets from Wayne Cole. It's a sea of red in Asian share markets as financiers leave from...

United Arab Emirates
Aug 5, 2024

Development in UAE's non-oil sector near three-year low in July, PMI shows

The United Arab Emirates' nonoil private sector broadened at its slowest speed in almost 3 years in July, a survey showed on Monday, with both output and...

Saudi Arabia
Aug 5, 2024

Saudi non-oil activity growth reduces in July, PMI shows

Growth in Saudi Arabia's. nonoil sector eased in July from the previous month, with brand-new. orders increasing at the slowest speed in 2 and a half years,...

China
Aug 5, 2024

Iron ore hits two-week high up on enhanced Chinese economic outlook

Iron ore futures rates strike a twoweek high up on Monday, buoyed by an enhanced Chinese economic outlook following strong services data and continued stimulus expectations from...

United States
Aug 5, 2024

Japan's gas imports seen increasing through August as refinery outages cut output

Japan's gasoline imports are anticipated to remain elevated through August after increasing 20% in June as interruptions at its refineries are reducing output during peak summertime need...

India
Aug 5, 2024

Gold costs flat as profit-taking counters US rate outlook

Rates of safehaven gold were flat on Monday as some profittaking partly offset support from U.S. economic downturn jitters and increasing expectations of a September rate cut...

Oil & Gas
Aug 5, 2024

New Zealand Scraps Green Policies to Boost Economy

New Zealand's green credentials are at risk as the government rolls back environmental reforms in a bid to boost a flailing economy and fulfil promises made to...

United States
Aug 4, 2024

RFK Jr says he dumped a dead bear in New york city's Central Park a decade ago

Independent U.S. governmental prospect Robert F. Kennedy Jr stated in a video published online on Sunday that he discarded a dead bear in New york city City's...

China
Aug 4, 2024

Heats blister China, spiking power demand

Various regions in China continue to bake as temperatures stay raised, particularly in the nation's east, where excessive heat is expected to linger in the provinces of...

United States
Aug 4, 2024

RFK Jr says he dumped a dead bear in New york city's Central Park a decade earlier

Independent U.S. presidential prospect Robert F. Kennedy Jr said in a video posted online on Sunday that he disposed a dead bear in New York City's Central...

China
Aug 4, 2024

London copper edges up after sell-offs, international demand concerns weigh

Rates of copper and other metals in London edged up on Monday as previous cost falls triggered some purchasing chance, while looming issues over global economies weighed...

Japan
Aug 4, 2024

APEC services propose brand-new environment bonds, carbon credit network

AsiaPacific organization executives prompted emerging economies in the area to issue climate bonds indexed to a basket of currencies, which would decrease the risk from foreign exchange...

United States
Aug 4, 2024

Oil hovers at 8-month lows as U.S. economic downturn fears balanced out Mideast stress

Oil prices hovered at eightmonth short on Monday as fears of a recession in the United States, the world's top oil customer, balance out issues that escalating...

Saudi Arabia
Aug 4, 2024

Saudi Arabia increases September price of Arab light crude to Asia

Top oil exporter Saudi Arabia has raised the rate for the flagship Arab light crude it offers to Asia in September by 20 cents to $2 a...

France
Aug 4, 2024

Olympics-Triathlon-Organisers verify competition to be held as arranged

The Olympic mixed relay triathlon competitors will be held as scheduled at 8 a.m. (0600 GMT) in Paris on Monday, organisers stated in a statement after testing...

United States
Aug 4, 2024

Ukraine lastly releasing US-made F-16 fighter jets, Zelenskiy says

Ukrainian pilots have actually begun flying F16s for operations within the nation, President Volodymyr Zelenskiy said on Sunday, validating the longawaited arrival of the U.S.made fighter jets...

United States
Aug 4, 2024

Debby to become typhoon as it heads to Florida's Gulf Coast

Hurricane Debby is anticipated to enhance quickly into a typhoon before making landfall in the Big Bend area of Florida's Gulf Coast, the U.S. National Hurricane Center...

Canada
Aug 4, 2024

Canadian firefighter dies fighting blaze in Alberta

A 24yearold firefighter was killed by a falling tree while fighting a forest blaze northeast of Jasper in the Western Canadian province of Alberta on Saturday, the...

Canada
Aug 4, 2024

Sea-bed regulator elects secretary general as calls grow to stop briefly deep-sea mining

The International Seabed Authority (ISA) has chosen Leticia Carvalho of Brazil as its next secretary general, as pressure mounts for a time out on efforts to mine...

United States
Aug 4, 2024

Tropical Storm Debby kinds, expected to be a hurricane by Monday and struck Florida's Gulf Coast

Hurricane Debby formed late Saturday and was expected to surge up into a typhoon before it slams into Florida's northern Gulf Coast coastline on Monday, the National...

Australia
Aug 4, 2024

Cameroon state oil company says personnel linked to Glencore kickbacks will deal with UK court

The head of Cameroon's. National Hydrocarbons Corporation (SNH) has said some supervisors. and workers will appear before a UK court over thought. participation in bribery offenses connected...

Ukraine
Aug 4, 2024

Fire at fuel depot in Russia's Rostov region after drone attack snuffed out

A fire at a fuel storage depot in the Kamensky district of Russia's Rostov area, brought on by a. Ukrainian drone attack, has been snuffed out, the...

United States
Aug 4, 2024

Hawaiian Electric consents to pay about half of $4 billion Maui wildfire settlement

Hawaiian's biggest utility said on Friday it had consented to pay roughly half of a more than $4. billion legal settlement that will compensate victims of last....

United States
Aug 4, 2024

Talen Energy to react as regulator looks for information on proposed modifications

Talen Energy Corporation said on Friday it would deal with utility companies, PJM Interconnection, and PPL Electric Utilities Corporation to react rapidly to a question from the...

United States
Aug 4, 2024

Worldwide stocks plunge, bond prices rally as US information spooks

Surprisingly weak U.S. work data on Friday stired fears of an economic downturn ahead, prompting financiers to dump stocks and turn to safehaven bonds. Treasury rates surged,...

United States
Aug 4, 2024

Oil settles at 8-month low after disappointing United States job numbers

Oil costs fell on Friday, settling at their most affordable considering that January after data revealed the U.S. economy included fewer jobs than expected last month, and...

United Kingdom
Aug 4, 2024

Gold retreats on profit-taking, logs weekly gain

Gold prices retreated on Friday as profittaking began after bullion leapt over 1% earlier in the session on hopes of rate cuts buoyed by weaker than anticipated...

United States
Aug 4, 2024

US jobs information fuels stock selloff; financiers turn to safe-haven bonds

Surprisingly weak U.S. employment data on Friday stoked worries of a recession ahead, triggering investors to dispose stocks and turn to safe-haven bonds. Treasury costs surged, sending...