Oil prices climb more than US$4 after Israeli strikes on Iran and Lebanon.
Oil prices jumped more than US$4 (RM16.28) on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed […]
Vanguard celebrates launch of world’s first trillion-dollar ETF.
Vanguard’s S&P 500 ETF, known by the ticker VOO, became the first exchange-traded fund in history to surpass $1 trillion in assets […]
Bank of Korea Reports Reserves at $426.99 Billion on June 4, Down from $427.88 Billion.
South Korea’s foreign exchange reserves decreased by $880 million in one month due to market stabilization measures, including a foreign exchange swap […]
Africa’s gold giants set for windfall as bullion overtakes U.S. Treasuries in global reserves.
According to a recent European Central Bank (ECB) report cited by the Financial Times, gold accounted for 27% of global central bank […]
Trump Plans $700 Million Lifeline for U.S. Coal Power Plants.
President Donald Trump plans to allocate a support package of $700 million for coal power generation, citing an unnamed White House official […]
BOJ’s Ueda signals good chance of June hike as price risks rise.
Bank of Japan (BOJ) governor Kazuo Ueda indicated a good chance of an interest-rate hike this month, if the risk of hotter-than-expected […]
China is gaining a new level of cultural dominance among American youth — what is ‘Chinamaxxing’ and why is Gen Z so obsessed?.
Social media trends can be too much to keep up with for even the most agile, perpetually-online user, but while some of […]
SoftBank set to become Japan’s most valuable company.
SoftBank Group is set to overtake Toyota Motor as Japan’s most valuable company on Monday (Jun 1), marking a milestone for the […]
Oil Prices Up 3% As Trump Demands Changes To Iran Deal.
Oil prices pushed higher Monday, with Brent crude topping $94 per barrel and WTI climbing above $90, after President Donald Trump sent a proposed […]
BP Sells 5% Stake in Australia’s Newest $35 Billion LNG Project.
BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the […]
Egypt cuts oil debt from $6.1bn to $440m in bid to unlock new energy investments.
Oil and Mineral Resources Minister Karim Badawi said on Monday that the government now plans to settle all remaining overdue payments owed […]
China seeks deeper economic ties with South Asian Countries.
Chinese commerce ministry officials on Friday stressed the importance of expanding trade and economic cooperation with South Asian countries, highlighting growing uncertainty […]