Category: News Group

WTI crude futures dropped about 3% to around $74 per barrel on Monday, sinking to the lowest levels since December last year as widespread protests in China over its strict zero-Covid policy hurt investor sentiment and the...

The dollar index edged above 106 on Monday, rising further from recent lows as a growing unrest in China over its strict Covid restrictions dented risk sentiment and spurred haven demand for the currency. Investors also...

Gold slipped to around $1,750 an ounce on Monday as the dollar recovered slightly on haven demand, as widespread protests against strict Covid restrictions in China roiled financial markets. Investors are also bracing for a slew...

Asian equity markets fell sharply on Monday as widespread protests against strict Covid restrictions and surging daily Covid cases in China dampened investor sentiment. Shares in Hong Kong and mainland China led the decline,...

WTI crude futures rose above $86 per barrel on Tuesday as traders weighed the prospect of tighter oil supplies against fears of a demand-sapping global recession. Markets are gearing up for huge OPEC+ output cuts from November,...

Palm oil futures rose to over MYR 4,000 per tonne on Tuesday, increasing for a third session to a 7-week high amid a plunging ringgit and concerns of supply disruptions for edible oils. The escalation of the war in Ukraine...

Asian currencies rose on Tuesday amid a general dollar weakness, as upbeat US earnings and the reversal of UK’s controversial fiscal plans boosted investors’ risk appetite. Still, analysts warned against betting for further...

WTI crude futures rose above $86 per barrel on Monday, recouping some losses after falling nearly 8% last week, in what analysts attributed to bargain hunting, an easing dollar and hopes for more policy support from the Chinese...

Indonesia’s trade surplus increased to US$4.99 billion in September of 2022 from US$4.38 billion in the same month of the previous year, beating market expectations of US$4.84 billion surplus. Exports grew 20.28% over a...

The dollar index eased to around 113 on Monday after gaining nearly 1% in the previous session, as traders reassessed the outlook for inflation and interest rates in the US. The greenback jumped on Friday after a University of...

Newcastle coal futures, the benchmark for top consuming region Asia, fell below the $400 per tonne mark from September highs of around $450 per tonne, as China pledged to raise coal production capacity this year by 300 million...

Asian shares rebounded sharply on Tuesday, lifted by a relief rally on Wall Street and a sharp decline in Treasury yields as weaker-than-expected US manufacturing data allayed fears about aggressive interest rate hikes from the...