Page 148 - Rep News Today

Global thermal coal prices are stabilising this year in a range near $200 a tonne that is less than half of 2022's record highs, analysts and industry officials say, with rising supplies providing respite to consumers roiled by last year's volatility.

Global stock indices will end this year higher than where they started it but most are set to be confined to ranges in coming months even as central banks approach the endgame for interest rate rises, according to Reuters polls of market strategists.

The euro dropped on Thursday as Europe's largest economy Germany was confirmed to be in a recession, while the dollar hit a two-month peak, benefitting from safe-haven demand as worries mounted about a U.S. default.

Augur (REP) traded down 2.6% against the dollar during the 24 hour period ending at 20:00 PM ET on May 24th. In the last week, Augur has traded 4.8% lower against the dollar. Augur has a total market cap of $70.91 million and approximately $2.43 million worth of Augur was traded on exchanges in the […]

GDP fell 0.3% in the first quarter following a decline of 0.5% in the fourth quarter of 2022.

Just four countries account for over half of all thermal coal imports and more than 70% of global power sector emissions from coal use, data shows, underscoring the extent of global dependence on these nations when it comes to cutting pollution.

Mexican state-run oil firm Pemex said Wednesday nine people were injured after an illegal tap caused a pipeline to explode in the State of Mexico.

The South African rand was weaker in early trade on Thursday as investor concerns over the U.S. debt ceiling boosted the dollar and hurt riskier assets, before an interest rate announcement by South Africa's central bank.

Most major Gulf markets were range-bound on Thursday as the impasse in negotiations to raise the U.S. debt ceiling and avoid a default kept investors wary of risky assets.

A look at the day ahead in U.S. and global markets from Mike Dolan