The US dollar was on track for its first monthly gain since October on Friday, although an earlier rally on warmer-than-expected producer price data for January faded as traders doubled their positions ahead of the end of the month and ahead of the weekend. The US currency got a boost after data showed the producer […]
Mumbai: Indian shares entered Monday with muted optimism after a US Supreme Court ruling declared US President Donald Trump’s tariffs illegal, triggering a new twist in the trade story. Trump followed with a 10% levy and later increased it to 15% for all countries. This is actually lower than the rates agreed earlier this month, […]
Japan’s Nikkei shares fell on Friday as increased tensions between the US and Iran and a sell-off in US private equity shares hurt sentiment.The Nikkei fell 1.1% to close at 56,825.70, breaking a two-week rally and posting a weekly decline of 0.2%. The broader Topix fell 1.1% to 3,808.48 and is down 0.3% for the […]
Oil prices fell slightly on Wednesday as talks between the United States and Iran progressed, raising hopes for a de-escalation in bilateral tensions and reducing risks of supply disruptions for the Middle Eastern oil producer. Brent futures fell 3 cents or 0.04% to $67.39 a barrel at 0139 GMT, while US West Texas Intermediate (WTI) […]
Oil prices rose more than 2% on Wednesday, buoyed by potential supply risks if US-Iran tensions escalate, while crude extraction from key reserves signaled stronger demand. Brent crude futures rose $1.52, or 2.2%, to $70.32 a barrel by 1320 GMT. U.S. West Texas Intermediate crude rose $1.50, or almost 2.4%, to $65.46.“Ongoing tensions in the […]
The death toll in the crackdown on nationwide protests in Iran rose to at least 538 people on Sunday, activists said. More than 10,600 people have been arrested, according to the US-based Human Rights Activists News Agency. Of the dead, 490 were protesters and 48 were members of the security forces, the report said, warning […]