Prices of Oil Extend Pre-weekend Gains to Multi-year HighsCommodities

Prices of Oil Extend Pre-weekend Gains to Multi-year Highs

Tight global supply and strengthening fuel demand in the United States and elsewhere led oil prices to extend gains to…

USD Exchange Rate Holds Firm as Traders Prospect Rate HikesForex

USD Exchange Rate Holds Firm as Traders Prospect Rate Hikes

On Monday, the USD exchange rate stayed firm against its peers as market participants focused on rate hike prospects.  Moreover,…

HK’s zero-COVID policy may Weaken Financial Hub StatusEconomy

HK’s zero-COVID policy may Weaken Financial Hub Status

Hong Kong’s zero-COVID policy and strict quarantine requirements for international travellers threatens to undermine the city’s status as a financial…

Asia Pacific Shares Mixed on HSBC Upbeat 3Q EarningsNews

Asia Pacific Shares Mixed on HSBC Upbeat 3Q Earnings

On Monday, Asia Pacific shares were mixed as market participants reacted to the upbeat third-quarter report of the investment bank…

Microsoft Launched its Second Folding Phone Surface Duo 2 Technology

Microsoft Launched its Second Folding Phone Surface Duo 2 

Microsoft is famous for its operating system, but its empire includes various businesses. It launched its second folding phone called…

European Industry Calls for Talks on MagnesiumCommodities

European Industry Calls for Talks on Magnesium

European industry groups on Friday said the European Commission must launch talks with China. That is to restart shipments of…

France Expects Higher Deficit in 2022Economy

France Expects Higher Deficit in 2022

Finance Minister Bruno Le Maire on Friday said the French government expects a slightly bigger public sector budget deficit next…

USD Exchange Rate Skids on Boosted Risk AppetiteForex

USD Exchange Rate Skids on Boosted Risk Appetite

On Friday, the USD exchange rate skidded as the market sentiment tilted towards riskier assets.  Accordingly, the US dollar index,…

Asia Pacific Shares Rise as China Evergrande Averts DefaultNews

Asia Pacific Shares Rise as China Evergrande Averts Default

On Friday, the Asia Pacific shares edged up as embattled China Evergrande Group pulled back from the brink of default.…

Oil Hits Multi-year High above $86, before Pulling BackCommodities

Oil Hits Multi-year High above $86, before Pulling Back

Tight supply and a global energy crunch pushed oil to reach a three-year high above $86 a barrel on Thursday.…