Global Markets

Oil prices tumbled on Thursday after holding around one-month highs in the previous session, having surged at around 5% after the International Energy Agency (IEA) and OPEC raised forecasts for oil demand...

The Nasdaq Composite dropped 138.26 points, or 0.99%, to 13,857.84, weighed by technology-related stocks including Apple Inc, Microsoft Corp and Tesla Inc.

Shares in Hong Kong led gains in Asia-Pacific during Wednesday trade as Chinese tech stocks listed in the city jumped. Hong Kong’s Hang Seng index led to gains among the region’s major markets...

Oil extended gains on Wednesday during early Asian trading hours after an industry report pointed to another decline in U.S. crude stockpiles followed by OPEC raising its outlook for oil demand. Brent...

The S&P 500 posted 43 new 52-week highs and one new low; the Nasdaq Composite recorded 60 new highs and 81 new lows with Advancing issues outnumbering declining ones on the NYSE...

Shares in Asia-Pacific were mixed on Tuesday, with South Korea leading major markets regionally. By end of trading on Tuesday, the Kospi in South Korea was 1.07% higher, at 3,169.08 while in...

Oil prices edged higher today amidst tensions in the Middle East after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites and an expected drawdown in crude inventory in...

Tesla Inc rose 3.7% on wall street after Canaccord Genuity upgraded the electric-car maker’s shares to “buy,” saying the company could become “the brand” in energy storage.

Asia-Pacific stocks mostly declined on Monday, with shares in India and China recording great losses. The losses came as the COVID-19 situation in the country remains severe, with India recording high cases...

Oil prices edged higher on Monday as investors watched out for the short-term demand outlook amid the rising cases of COVID-19 in some regions. In contrast, a rising dollar reduced the appeal...

Global markets hit record highs on Tuesday, supported by strong economic data from China and the US, while currency and bond markets paused for breath after a month of rapid gains in...

Wall Street's benchmarks, the S&P 500 and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on a lift from growth stocks, with a...

Shares in Asia-Pacific were mostly lower in Friday trade after the S&P 500 on Wall Street cruised to another record closing high overnight. Hong Kong’s Hang Seng index dipped 0.72% by the afternoon. Shares...

Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic. Brent crude...

Analysts have raised expectations for first-quarter S&P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5

Stocks in Asia-Pacific mostly rose on Thursday after the S&P 500 nudged higher to a record closing high overnight. Hong Kong’s Hang Seng index led gains among the region’s major markets, rising 1.16% to...

Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand for crude weakening in the world’s biggest consumer of the resource at...

Analysts have raised expectations for first-quarter of Wall Street's S&P 500 component earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5.

Oil prices dropped earlier this week after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, agreed to gradually ease oil output cuts from May.

Asia-Pacific markets traded mostly up Wednesday but shares on the Chinese mainland and in Hong Kong lost ground. Australia’s ASX 200 advanced 0.61% to 6,928, with all sectors closing higher. Major banking stocks reversed...

Spot gold was down 0.3% to $1,737.75 per ounce by 0354 GMT. U.S. gold futures slipped 0.3% to $1,738.60 per ounce.

Volume on wall street stood at 9.65 billion shares, compared with the 12.39 billion average for the full session over the last 20 trading days.

Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring losses of more than 4% incurred overnight on the prospect of producers...

Shares in Asia-Pacific were mixed on Tuesday, after major indexes on Wall Street surged to record closing highs overnight stateside. The Nikkei 225 in Japan slipped 1.3% to close at 29,696.63 while the Topix index dropped...

Oil has recovered from historic lows last year with the support of record OPEC+ cuts, most of which will remain after July. Demand is expected to recover further in the second half.

Global markets were moving this week, with the major highlights of the holiday shortened week being the global consumer confidence increasing to its highest level since the onset of the corona virus...

Microsoft, Amazon, Alphabet and Nvidia jumped 2% or more, pushing wall street S&P 500 to highs with growth stocks showing signs of awakening after lagging in recent weeks.

Shares in Asia-Pacific were higher in Thursday trade as the second quarter kicked off with several economic data releases out across the region. Hong Kong’s Hang Seng index led to gains among...

Crude prices rose on Thursday, redeeming some of the previous session’s losses on expectations that a meeting of OPEC + on Thursday would yield output constraint in the face of resurgent COVID-19...

The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise as investors positioned themselves for...

Shares in Asia-Pacific traded mixed on Wednesday as official data showed China’s factory activity growing in March. In Japan, the Nikkei 225 shed 0.63% while the Topix index declined 0.68%. South Korea’s Kospi, on the...

Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their supply curbs...

Stocks on Wall Street ended down slightly on Tuesday, with investors selling tech-related growth shares after U.S. Treasury yields hit a 14-month high. At the same time, the S&P 500 financials, industrials...

Shares in Asia-Pacific were mixed on Tuesday as investors watched the movement in shares of Japanese financial services firm Nomura following their Monday plunge. The Nikkei 225 in Japan traded fractionally higher while the...

Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has switched to an OPEC+ meeting this week where the extension of supply...

Shares of Morgan Stanley were down 2.5% on Wall Street after the Financial Times reported it had also sold billions of shares, while the banks index shed about 1.9%.

Stocks in Asia-Pacific were mostly higher in Monday trade, as India's markets are closed for a holiday. The Nikkei 225 in Japan gained 1.2% in afternoon trade while the Topix index advanced...

Oil Prices are getting some support from expectations that the OPEC and its allies will maintain lower output levels when they meet this week.

Global markets rose during the week all through to Friday while safe havens such as the dollar and U.S. Treasuries dipped as hopes for a global economic recovery overshadowed the continued blockage...

The S&P 500 and Dow rose in a broad-based rally on Friday with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to...

Asian markets opened higher on Friday after U.S. equities rose as investors weighed the outlook for economic growth and inflation and welcomed vaccination rollouts progress. By the Friday market close on the...

Oil prices reversed a sharp sell-off a day earlier to rise 1% on Friday on mounting fears that it could take weeks to dislodge a giant container ship blocking the Suez Canal,...

An end-of-quarter rebalancing of investment portfolios by institutional investors added to another mostly seesaw session in which the major Wall Street indexes rose and fell amid the ongoing rotation from growth into...

Shares in major Asia-Pacific markets were mixed on Thursday, though tech stocks in the region took a hit following a sell-off in the sector overnight on Wall Street. In Japan, the Nikkei 225 rose...

Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers...

On Wall Street, the Dow Jones Industrial Average fell 3.09 points, or 0.01%, to 32,420.06. The S&P 500 lost 21.38 points, or 0.55%, to 3,889.14 and the Nasdaq Composite dropped 265.81 points,...

Shares in Asia-Pacific were largely lower on Wednesday as concerns over the prevailing pandemic. The Hang Seng index in Hong Kong was one of the biggest losers among the region’s major markets, closing...

Oil prices steadied on Wednesday, after the previous day’s slump. However, the recovery was hindered by fears of a slow recovery in demand due to the new wave of COVID-19, which has...

The benchmark wall street's S&P 500 and the blue-chip Dow have rallied about 80% from their pandemic lows of a year ago, while the tech-heavy Nasdaq more than doubled in value.

Shares in major Asia-Pacific markets slipped on Tuesday, weighed by Chinese markets as investors took profit on a recent rally in some mainland firms, despite the rising inflation fears. Investors now await...

Oil prices fell 1% on Tuesday amidst concerns that curb the spread of the coronavirus pandemic and slow vaccine rollouts in Europe will slow recovery in fuel demand and as producers cut...

Wall Street rallied as technology stocks rebounded. Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach $3,000 by 2025.

Asian shares were mixed Monday as the U.S. Federal Reserve’s announcement shook sentiment that it would end some emergency measures put in place last year to help the financial industry deal with the...

Oil prices extended losses on Monday, amidst concerns that European lockdowns may slow down the expected recovery on oil demand. Brent crude was down 34 cents, or 0.5%, at $64.19 a barrel by...

Concerns that developments in Turkey would threaten gold financial markets strengthened the dollar, making gold expensive for non-U.S. investors.

Major Global market indices continued their gaining streak this week, with some touching record highs early in the week, some of them however later lost ground as bond yields reached their highest...

Asia-Pacific markets mostly fell Friday as investor sentiment turned cautious, following an overnight selloff stateside. Australian shares traded lower, with the benchmark ASX 200 closed down 0.56% at 6,708.20 — the index retraced some...

Oil prices fell on Friday for the sixth day in a row, down nearly 9% for the week, as a new wave of COVID-19 infections in particular across Europe spurred fresh lockdowns...

Wall Street ended sharply lower on Thursday, with the Nasdaq tumbling 3%, hit by rising Treasury yields and fresh worries about the coronavirus pandemic in Europe. Losses in U.S. stocks accelerated after...

Asia-Pacific markets broadly advanced Thursday as investors cheered after the U.S. Federal Reserve’s policymaking committee overnight voted to keep short-term borrowing rates near zero in a widely expected move. The Nikkei 225...

Oil prices declined for a fifth consecutive session on Thursday, falling around 1% after official data showed a further increase in U.S. crude and fuel inventories. At the same time, the prevailing...

Visa Inc, a multinational financial services corporation, is planning to enter the cryptocurrency business to capture the business opportunity of becoming the mainstream payment vehicle.

It was the first time the Dow closed above 33,000 points after the Federal Reserve issued a report that they were very optimistic on economic recovery.

Asia-Pacific markets traded mixed on Wednesday as investors wait for the outcome of the U.S. Federal Reserve’s two-day policy meeting later in the day. Australia shares cut back some of their earlier losses as...

Oil prices climbed on Wednesday as investors weighed a recovery in U.S. refinery activity as industry data showed U.S. crude stockpiles unexpectedly fell last week against concerns of rocky demand in Europe....

Wall Street’s S&P 500 index ended lower on Tuesday and a gauge of global equities was close to flat as investors awaited the Federal Reserve and other central banks meetings this week,...

Asia-Pacific markets mostly edged higher Tuesday following a relatively subdued start to the global trading week as investors look ahead to the Fed meeting stateside. Australian shares rose as the benchmark ASX 200 gained...

Oil prices fell on Tuesday, extending declines for a third day, as concerns about rising stockpiles in the United States added to the threat to demand posed by countries including Germany and...

The S&P 500 and Dow Jones Industrial Average closed at a record highs on Monday, as investors eyed an economic recovery from the coronavirus and awaited cues from the Federal Reserve this...

Oil prices rose Monday during Asian trading hours on the back of growing optimism around demand recovery. On the supply side, OPEC and its oil-producing allies this month said it would keep production...

Oil prices edged up on Monday, with Brent drifting near $70 a barrel, propped up by output cuts from major producers and optimism about global economic and fuel demand recovery in the...

Global markets touched new highs last week as optimism over the global economic recovery continued to fuel market rallies. A tame inflation report and a respite in the recent upward ascent in...

The Dow Jones Industrial Average rose 293.05 points, or 0.9%, to close at 32,778.64 and the S&P 500 gained 4 points, or 0.10%, to 3,943.34. The Nasdaq Composite dropped 78.81 points, or...

In Asia, the Hang Seng Index fell 2.2 per cent, upending a three-day rally while benchmarks in mainland markets fluctuate near a two-month high

Brent crude prices eased on Friday but hovered near $70 a barrel as production cuts by major oil producers constrained supply, with optimism about a recovery in demand for the resource in...

Gold prices inched up on Friday and were on course to mark their best week in seven, as easing U.S. Treasury yields and dollar lifted the metal’s appeal. However, much the relief...

Wall Street major indices, the S&P 500 and the Dow closed at all-time highs on Thursday as worries about rising inflation subsided and bigger-than-expected fall in weekly jobless claims

Asia-Pacific markets traded broadly higher Thursday, following a relatively strong finish on Wall Street overnight after U.S. lawmakers passed a $1.9 trillion coronavirus relief package. The Nikkei 225 in Japan rose 0.6%, or 175.08 points,...

Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although gains were capped by a surge in crude oil inventories after last...

Bitcoin, the world's largest cryptocurrency by market capitalization, has gained for a sixth straight day, extending its longest winning streak of the year and approaching the record high price reached last month....

The Dow Jones Industrial Average rose 464.28 points, or 1.46 percent, to 32,297.02, the S&P 500 gained 23.37 points, or 0.6 percent, to 3,898.81 and the Nasdaq Composite dropped 4.99 points, or...

Asia-Pacific markets traded mixed as stocks in Australia, Japan and South Korea struggled to hold onto earlier gains. Investors overnight returned to risky assets, confident that a massive U.S. stimulus package will soon...

Oil prices fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories data due later in the day for pointers on where prices will head...

Wall Street stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous session as U.S. bond yields retreated

Asian stock markets traded mixed Tuesday after starting the week by struggling for gains in what some analysts have described as a fragile environment for stocks. In Australia, the benchmark ASX 200 trimmed some...

Oil prices recorded a rise on Tuesday on expectations of a recovery in the global economy after the U.S. Senate approved a $1.9 trillion stimulus bill and a likely drawdown in crude...

On Wall Street, the Dow hit a record intra-day high but the big tech stocks that have led Wall Street to scale successive peaks over the past year fell, with the Nasdaq...

Monday’s session in Asia-Pacific followed a wild day in U.S. markets last Friday, where stocks roared back from a sharp sell-off

Saudi Arabia’s ministry said a petroleum tank farm at one of the world’s largest oil shipping ports was attacked by a drone and a ballistic missile.

Global markets continued to trade on moved by central banks as investors looked to oversee the correlation between the stock market and interest rates, picking up from last week, with rates temporarily...

Wall Street and a gauge of global equity markets on Friday recovered from earlier losses as investors took stock of a report that showed faster-than-expected U.S. jobs growth but which had previously...

Shares in Asia-Pacific were mostly lower Friday as investors watched bond yields and technology stocks in the region. Mainland Chinese stocks closed mixed as the Shanghai composite declined fractionally to 3,501.99, and...

Oil prices rose more than 1% on Friday, extending gains from the previous session after OPEC and its allies agreed not to increase supply in April as they await a more substantial...

Shares in Asia-Pacific slipped in Thursday trade, with technology stocks in the region falling sharply. In Japan, the Nikkei 225 fell 2.13% to close at 28,930.11 while the Topix index shed 1.04% to finish...

Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing output at a key meeting later in the day lent support, alongside...

Wall Street's Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of...

Oil prices were down in early trade on Wednesday, extending several days of losses amid uncertainty over how much supply producing countries will push to restore to the market at the OPEC+...

Wall Street ended lower on Tuesday, pulled down by Apple and Tesla, while materials stocks climbed as investors waited for the U.S. Congress to approve another stimulus package. Following strong gains in...

Oil prices rallied more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although a drop in China’s February factory activity growth capped gains. Brent crude...

Stocks in Asia-Pacific fell sharply on Friday following an overnight drop on Wall Street as a rapid rise in bond yields rattled investor sentiment. In Japan, the Nikkei 225 led losses among the region’s...