Category: News Group

Asia Shares Rise

Stocks in Asia advanced on Monday, lifted by a rally on Wall Street Friday, as concerns of higher and faster rate hikes eased. The Hang Seng jumped almost 3% and the Shanghai Composite hit a near 4-month peak, boosted by the...

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Oil Extends Losses

Oil prices sank around 1.5% on Thursday, continuing a fall from the prior day and touching their lowest in over a month, on lingering worries that aggressive US interest rate hikes could trigger a recession and dent fuel demand....

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Asian Shares Plunge

Asian equities lost significant ground on Wednesday as persistent concerns about tightening monetary conditions and soaring inflation remained a drag for markets. The Hang Seng index lost more than 2.5% to bottom around the...

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Oil Tumbles Over 6%

Oil prices sank over 6% on Wednesday amid mounting fears about a possible recession as several central banks delivered big rate hikes to tame surging inflation. Meantime, US President Biden is set to meet with seven large oil...

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