Category: Commodities
Gold Down as Fed Lays Down Hawkish Tone
Gold was down on Thursday morning in Asia, as investors digested remarks from a top U.S. Federal Reserve official that indicated the central bank coul [...]
Gold Up, Investors Await U.S Economic Data
Gold was up on Wednesday morning in Asia. While receiving a boost from a weakening dollar, the yellow metal was stuck in a narrow range as investors a [...]
Boarders exit tanker off UAE coast, ship safe – British agency
Boarders have left a tanker that maritime sources had said was seized off the coast of the United Arab Emirates and the vessel is safe, Britain's mari [...]
Qantas idles 2,500 more staff as COVID-19 cuts domestic flights
Qantas Airways Ltd is temporarily idling about 2,500 employees without pay for at least two months in a bid to cope with fresh COVID-19 restrictions i [...]
China’s Virus Flare-Up Stokes Oil-Demand Fears
China is renewing restrictions and canceling flights as a Covid-19 resurgence in Asia’s top oil consumer sends jitters across the crude market.
Loc [...]
Gold Down, Investors Gauge Fed’s Next Move Ahead of U.S. Jobs Data
Gold was down on Tuesday morning in Asia, with investors awaiting the latest U.S. jobs report to predict the U.S. Federal Reserve’s next policy move.
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BP boosts dividend, buybacks as profit soars
BP increased its dividend and ramped up share buybacks after second-quarter profit rose to $2.8 billion, joining rivals in boosting shareholder return [...]
Oil prices fall on worries over China economy and higher crude output
Oil prices fell on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-large [...]
Oil Down Over Disappointing Chinese Data, Increased OPEC+ Oil Output
Oil was down Monday morning in Asia, as concerns over a slowing economic recovery in China, the second-largest oil consumer globally, clouded the fuel [...]
Gold Down, Investors Look Ahead to Latest U.S. Jobs Report
Gold was down on Monday morning in Asia, as the dollar hovered near a one-month low. The health of the U.S. labor market is also on investors' minds a [...]