Oil dropped on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States, although losses were limited by comments by U.S. Treasury Secretary Steven Mnuchin on a U.S.-China trade deal.
Global benchmark Brent (...)
Dollar nursed losses on Thursday amid gathering doubts about a mooted U.S.-China trade deal, while the volatile pound was on edge as Britain and the European Union scrambled to secure a last-minute Brexit deal.
As the greenback steadied on most (...)
The United States' and China's top trade negotiators were set to meet on Thursday for the first time since late July to try to find a way out of a 15-month trade war as new irritants between the world's two largest economies threatened hopes for (...)
Egypt's illustrious history in mathematics is one that should be revived, for this science of the sciences is the true key to strategic and national development
The political role of mathematics is growing by the day. Mathematicians are arguably the (...)
World number seven Petra Kvitova has become the sixth player to qualify for the season-ending WTA Finals in Shenzhen, the WTA said on Monday.
The 29-year-old Czech, who won the title on her debut in 2011, will join Ash Barty, Karolina Pliskova, (...)
Dollar eased on Thursday, sliding to fresh one-week lows against the euro and yen as investor anxiety deepened over fresh signs of slowing U.S. economic growth and a broadening of global trade frictions.
The greenback fell overnight after data (...)
Worries about a slowing U.S. economy and the possibility of further interest rate cuts in the wake of weak U.S. manufacturing data kept the dollar pinned down on Wednesday, as investors sought shelter elsewhere.
The greenback steadied or fell (...)
Dollar was supported on Monday in cautious trade as worries of an immediate widening of the Sino-U.S. trade war eased and markets awaited the latest Chinese manufacturing data for a glimpse into the health of the world's second-largest economy.
The (...)
Euro held at its lowest level in more than two years on Friday as quarter-end rebalancing flows boosted demand for the dollar, with investors unfazed by the latest political news out of the United States.
The euro fell 0.1 percent lower to $1.0904, (...)
Dollar held firm on Tuesday as the euro struggled on more signs of economic trouble in the euro zone, while sterling wallowed near one-week lows before a key Supreme Court ruling related to the suspension of Britain's parliament this month.
Traders (...)
Oil rose in early Asian trade on Thursday after days of turbulence, with markets soothed by Saudi Arabia's pledge to restore full production by end-September at facilities knocked out in drone and missile attacks last weekend.
Brent crude futures (...)
Asian stock markets were mixed Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility.
Hong Kong's benchmark tumbled 1% while Seoul advanced and Shanghai and Sydney were little-changed. Japanese (...)
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 (...)
Euro was on the back foot on Monday ahead of a European Central Bank meeting later this week at which policymakers are expected to deliver new stimulus to bolster a flagging regional economy.
Heightened expectations for an ECB easing come as other (...)
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 (...)
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 (...)
In extreme heat, electric fans may offer some relief when it's very humid, but when temps are dangerously high and humidity is low, fans can actually make a person feel hotter, increasing strain on the heart and raising core temperature, a new (...)
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 (...)
Dubai is in the third position as being the most affordable major city for purchasing prime residential property, according to the World Cities Prime Residential Index released by Savills, a global real estate services provider.
While the analysts (...)
U.S. universities produce the vast majority of the world's wealthiest grads, a new research suggests. Yet, beyond the borders of the booming billionaire hub, higher education institutions globally are minting multimillionaires at a rapid rate.
CNBC (...)
Looking for some peace and quiet in retirement and willing to pay for the privilege? Try looking north and abroad.
CNBC took the top 10 countries in this year's Global Peace Index from the Sydney, Australia-based Institute for Economics and Peace (...)
Reigning Wimbledon champion Simona Halep will play in the inaugural Adelaide International ahead of next year's Australian Open, organizers said on Friday.
Adelaide International, a combined ATP and WTA event, replaces the Sydney International which (...)
Dollar climbed to a two-year high against the euro and jumped to a two-month high versus the yen on Thursday as U.S. Federal Reserve Chairman Jerome Powell ruled out a lengthy easing cycle after delivering the first rate cut since the financial (...)
Australia's hard-hit property markets of Sydney and Melbourne enjoyed a second straight month of earnings in an early sign that rate cuts were feeding through although slow wage growth and record household debt means boom times are still distant.
An (...)
Oil prices climbed for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the Federal Reserve, the first in more than 10 years.
Brent crude was up (...)
