Dollar fell while safe havens and currencies of oil-producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and heightened Middle East tensions.
Oil prices surged nearly a (...)
Taiwan accused China on Monday of trying to influence its presidential and legislative elections after the Solomon Islands cut off ties with Taipei.
The Solomon Islands was the sixth country to switch allegiance to China since President Tsai Ing-wen (...)
Yen and Swiss franc fell to five-week troughs on Thursday as investors looked for higher-risk currencies, emboldened by a report of German stimulus plans, diminishing chances of a no-deal Brexit and hopes of a trade war breakthrough.
and were also (...)
A European Bank for Reconstruction and Development (EBRD) delegation will arrive in Cairo on Monday to discuss cooperation with Egyptian authorities and private sector companies.
tHE The four-day visit will include meetings with Egyptian Prime (...)
Risk-sensitive currencies such as the Aussie and yuan rallied on Thursday as investors cheered the announcement of U.S.-China trade talks for next month and abandoned safe haven assets such as yen.
The Australian and New Zealand dollars, Chinese (...)
Euro rebounded on Wednesday as comments from European policymakers introduced some doubt over the scale of a European Central Bank stimulus package expected next week, while investors sold the dollar for riskier currencies.
Christine Lagarde, the (...)
When law enforcement authorities gathered to discuss details of a mass shooting in West Texas that left seven people dead, there was one bit of information they refused to provide on live television: the name of the gunman.
Instead, they decided to (...)
Yen strengthened on Monday, thanks to bigger appetites for safe-haven assets as Washington and Beijing put additional tariffs on each other's exports, adding to the gloom hanging over the global economic outlook.
Gold, which tends be bought with the (...)
Oil fell on Thursday for the first time in three days after San Francisco Federal Reserve President Mary Daly sounded a note of concern about the strength of U.S. economy.
Brent crude was down 30 cents, or 0.5 percent, at $60.19 a barrel by 0202 GMT (...)
A risk-off mood bolstered the safe-haven yen on Thursday, with record lows on U.S 30-year Treasury yields holding back the dollar as investors turned bleak on the prospect of a trade war breakthrough any time soon.
The yen firmed 0.3 percent by (...)
Yen stood tall against its peers on Wednesday, with an inversion of the U.S. yield curve stoking recession worries and keeping the safe-haven Japanese currency in demand.
"It remains to be seen how accurately the U.S. yield curve inversion reflects (...)
Yen rose on Tuesday as some investors tempered their optimism about the chances for a quick resolution to the U.S.-China trade war, which boosted so-called risk-off trades.
Global markets have been whipsawed by dramatic twists in the trade dispute (...)
China's yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp re-escalation in the U.S.-China trade war whacked investor confidence and darkened the global economic outlook.
The yen, often bought as a (...)
New Zealand have handed the reins of the national football team to former captain Danny Hay and tasked him with steering the All Whites to qualification for the 2022 World Cup in Qatar.
Hay replaces Swiss boss Fritz Schmid, who resigned in June (...)
Asian markets dropped Thursday afternoon as the main yield curve in U.S. Treasurys inverted, triggering fears over the state of the U.S. economy.
In mainland China, stocks fell by the afternoon. The Shanghai composite shed 0.62 percent, while the (...)
Yen rose on Wednesday as weaker-than-expected Chinese economic data reinforced the view that resolving the trade war was a long way off even if U.S. President Donald Trump had delayed some additional tariffs.
The offshore yuan remained lower against (...)
Gold prices climbed again on Thursday after topping the $1,500 mark in the previous session, as central banks around the world slashed interest rates amidst fears of a global recession.
Spot gold rose 0.3 percent to $1,505 per ounce as of 0104 (...)
The yen stood tall on Thursday, after global central banks startled markets with heavy rate cuts and threats of more to come as world economic risks grow, boosting the appeal of the safe-haven Japanese currency.
The New Zealand and Australian (...)
Dollar fell against the yen and the yuan weakened, in a sign investors remain wary that China's currency policy has become a new flash point in its trade war with the United States.
The yuan eased against the dollar in offshore trade on Wednesday (...)
Asian markets were subdued in Wednesday afternoon trade as investors kept a close watch on the Chinese yuan amid an escalating trade dispute between the U.S. and China.
The People's Bank of China (PBOC) set the the official midpoint reference for (...)
Suncorp said at its financial year 2019 earnings briefing that the company will move away from having its digital marketplace as a core strategy, with acting CEO Steve Johnston acknowledging the marketplace was “too ambitious relative to where our (...)
The offshore yuan pulled back from an all-time low on Tuesday after Beijing appeared to take steps to prevent the currency from weakening further, following a sharp drop that prompted the U.S. government to declare China was manipulating its (...)
President Donald Trump has said “hate has no place” in the US after 29 people were killed in two mass shootings over the weekend, amid accusations that he bears some responsibility.
An attack on a Walmart store in El Paso, Texas left 20 dead, while (...)
The death toll rose to 22 people on Monday in a mass shooting at a Walmart store in El Paso, increasing with two deaths in a hospital days after a spate of shooting sprees, El Paso Police said on Twitter.
Two weekend gun massacres prompted US (...)
A man armed with a rifle opened fire at a Walmart store in El Paso, Texas, on Saturday, killing 20 people and wounding 26 others as panicked shoppers and employees scurried for cover before the gunman surrendered to police at the scene.
Many (...)
