Asian stocks gained as investors bought shares of some major companies with most markets closed for holidays. The MSCI Asia Pacific Index rose 0.2%, with Toyota, Sony and Asustek among the biggest boosts. Key equity gauges advanced in Japan, Taiwan and Vietnam while mainland China benchmarks edged lower. Hong Kong, South Korea, Australia and most…
Feb 12 2025, 13:20 Oil prices edged down on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on sentiment, though stronger refining margins limited the market’s downside. Brent futures fell 25 cents, or 0.3%, to $76.75 a barrel by 0408 GMT, while U.S. West Texas Intermediate (WTI)…
Jul 8 2025, 10:09 The 17th annual BRICS meeting in Rio de Janeiro lasted for two days and officially closed yesterday. Attended by representatives from 11 full member countries, this meeting confirmed BRICS’ position as a new geopolitical power that dares to challenge the dominance of Western global institutions and pressure from the United States,…
Tensions in the Middle East have escalated again following Israeli military attacks on several targets in Yemen and Qatar, which killed Hamas figures and security officials. This action has triggered a strong reaction from the international community, particularly the European Union, which has begun considering sanctions against Israel, a measure previously difficult to achieve due…
Gold prices edged up after four days of declines, but sentiment remained fragile as Fed Chairman Jerome Powell downplayed the likelihood of a December interest rate cut. At 7:02 a.m. Western Indonesian Time (WIB), spot gold was trading around $3,946/ounce, after falling 0.6% overnight. Powell’s cautious tone also pushed the 10-year US Treasury yield above…
Shares in Asia traded within narrow ranges Thursday after US stocks ticked higher and Treasuries fell on data showing US consumers expect inflation to persist. Equities in Australia edged lower while those in South Korea were mostly unchanged. Stock futures for Hong Kong slipped, even as an index of US-listed China shares gained ground. Japanese markets are closed for a holiday. The S&P 500 rose…
