Category: News Group

Bibit.id Raises $65 Million

Bibit.id, a digital investment app in Indonesia, has raised US$65 million of funding from Sequoia Capital India, joined by Prosus Ventures, Tencent and Harvard Management Company. Existing investors including AC Ventures and...

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Asian Shares Trade Higher

Major stock markets in Asia rose on Tuesday, amid strong earnings momentum and signs that the US manufacturing sector continued to grow in April. The ASX led the gains after the Reserve Bank of Australia reaffirmed its...

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Gold Gains Momentum

Gold prices consolidated above the $1,780 an ounce level on Thursday after the US Federal Reserve reiterated its ultra-accommodative monetary policy, which also spooked investors away from the dollar. Fed officials left rates...

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Oil Extends Gains

Oil prices rose on Thursday after jumping 1% in the prior session, amid a narrative of a recovery in US oil demand. EIA data showed the US crude oil inventories edged up 0.09 million barrels in the April 23rd week, after a 0.594...

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Asian Shares Mostly Higher

Major stock markets in Asia mostly rose on Thursday after US President Joe Biden proposed a sweeping new $1.8 trillion plan aimed at families on Wednesday. Traders also welcomed the US Fed’s decision to stay dovish and...

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Oil Prices Rise

Oil prices rose on Wednesday, amid optimism about rising global demand on the back of a robust global recovery. Sentiment was also supported by reports that the Biden administration was easing travel restrictions on Chinese and...

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