Most Asian currencies gain on dollar dip; Philippine stocks slide
Asian markets in cautious mood Philippine stocks near 2-year low South Korea's won leads gains Malaysia's ringgit lingers at over 24-year low Asian
Source: philstar.com
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Emerging markets - Philippine stocks slide as most Asian currencies gain on dollar dip
Asian emerging currencies steadied on Tuesday as the dollar took a breather after notching a 20-year high, while Philippines shares tumbled following the International Monetary Fund's warning about the country's economic growth.
Source: thestar.com.my
Pressure on OPEC+ eases amid oil demand fears
Major oil producers led by Saudi Arabia and Russia meet Thursday with less pressure to open tabs more widely than planned as China's Covid lockdown threatens demand.
Source: rfi.fr
Pressure on OPEC+ eases amid oil demand fears
Major oil producers led by Saudi Arabia and Russia meet Thursday with less pressure to open tabs more widely than planned as China's Covid lockdown threatens demand.The meeting on Thursday also comes as the European Union is eyeing a ban on Russian oil imports, following similar moves by the United States, Britain and Canada.The alliance known as OPEC+ slashed output in 2020 when oil prices crashed due to the pandemic.When demand picked up again last year as countries emerged from lockdowns, the coalition began to modestly increase production each month.
Source: al-monitor.com
Pressure on OPEC+ eases amid oil demand fears
Major oil producers led by Saudi Arabia and Russia meet Thursday with less pressure to open tabs more widely than planned as China's Covid lockdown threatens...
Source: dailymail.co.uk