Hong Kong stocks fell on Thursday after hitting a one-month high, as investors opted to remain cautious ahead of the release of quarterly earnings reports from major tech companies, including Tencent and JD.com, as well as Chinese economic data for November. The Hang Seng Index fell 0.1% to 26,888.09 as of 10:06 a.m. local time,…
US President Donald Trump said he is ready to lower import tariffs on Chinese goods linked to the fentanyl crisis in America, provided Beijing seriously curbs exports of chemicals used to make the drug. Trump made this statement on Air Force One while flying to South Korea, one day before meeting with Chinese President Xi…
Global oil prices rebounded from their lowest level since October, driven by positive sentiment in global financial markets. Brent strengthened to near $62 per barrel after falling 1.5% in the previous session, while WTI hovered around $58 per barrel. This increase is in line with the strengthening of Asian stock markets, following new records in…
Apr 16 2025, 15:23 British inflation slowed to its weakest in three months in March and other measures watched by the Bank of England cooled too, but higher bills and employer costs will pressure prices soon against the backdrop of U.S. President Donald Trump’s trade war. Inflation slowed to an annual rate of 2.6% in…
Apr 25 2025, 15:33 The U.S. dollar rose Friday at the end of a volatile week, boosted by hopes for a degree of compromise in the trade war between the U.S. and China, the world’s two largest economies. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six…
May 6 2025, 06:58 Oil prices steadied after a sharp decline with the prospect of more OPEC+ supply weighing on the outlook, as the U.S.-China trade war continues. West Texas Intermediate crude futures were trading above $57 a barrel after falling 2% on Monday, with Brent crude settling near $60. Saudi Arabia has warned of…
