SYDNEY: Oil prices soared on Monday and stocks fell as the military conflict in the Middle East looked set to last for weeks, sending investors flocking to the relative safety of the dollar, gold and bonds. Brent rose 7.5% to $78.34 per barrel, while U.S. crude rose 7.3% to $71.88 per barrel. Gold rose 1.5% […]
Amazon is looking to raise about $12 billion from the corporate bond market in its first U.S. dollar deal in about three years, Bloomberg News reported Monday, as major tech companies increase investments to stay at the top of the AI race.The e-commerce giant filed for a six-part bond sale earlier in the day without […]
Asian shares rose for a second straight day as progress toward ending the record-long US government shutdown improved sentiment, leading to a rally in all assets from commodities to cryptocurrencies.Stocks in Japan, South Korea and Australia all rose at the open. The S&P 500 rose 1.5% on Monday and the Nasdaq 100 rose 2.2%. The […]