Page 39 - Christopher Cushing News Today

The dollar hovered near a six-week high against major peers on Wednesday as investors cemented expectations that the Federal Reserve would be in no rush to cut interest rates in the face of a resilient U.S. economy. The Japanese yen, though, ticked higher as expectations rose for a stimulus exit as soon as March, following hawkish comments from the Bank of Japan on Tuesday. The U.S. dollar index - which tracks the currency against six rivals, including the euro and yen - was flat at 103.48 aft...

Egyptian economic growth will be slower than previously expected as its pound weakens, inflation cuts into purchasing power and fallout from the Gaza crisis eats into the countrys main sources of...

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

UAEs Abu Dhabi National Oil Company has sold more straight-run fuel oil from its Ruwais refinery complex this month via private sales, according to trade sources and ship-tracking data. ... -January 22, 2024 at 07:34 pm EST - MarketScreener

Singapore-based Asia Genesis Asset Management is liquidating its hedge fund after a significant and unprecedented drawdown following missteps in Chinese and Japanese bets.... -January 22, 2024 at 10:59 pm EST - MarketScreener

South African retailer Woolworths expects its half-year profit to fall by as much as 10% due to consumers pulling back on spending on clothes and as the countrys energy and logistics crisis...

Investors in construction technology startups are going to be cautious in the first half of the year as geopolitical factors, market demand and U.S. elections weigh, said the head of Mexican...

(Reuters) -Gilead Sciences said on Monday its drug, Trodelvy, failed to significantly improve survival for previously treated patients with advanced non-small cell lung cancer (NSCLC) in a late-stage study, sending its shares down more than 10%. The California-based drugmaker was testing Trodelvy, which belongs to a class of treatments known as antibody drug conjugates, in patients with both squamous and non-squamous NSCLC - the most common type of lung cancer. Roughly 230,000 adults in the Un...

Japanese Finance Minister Shunichi Suzuki said on Friday the government was watching currency moves carefully, when asked about the yens recent fast-pitched declines....

China will take forceful measures to prevent superfluous new energy vehicle projects by some local governments and automakers, Chinas vice industry minister Xin Guobin said at a press conference... -January 18, 2024 at 10:03 pm EST - MarketScreener