Month: January 2023

Economy

Views: 6

Chinese Fret Over Infecting Elderly As Holidays Prompt COVID Warnings

People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns for holidays...

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Economy

Views: 2

Dow Futures Trade Steady, After Nasdaq Posts 3-Session Win Streak

U.S. stock futures were trading in a tight range during Tuesday’s evening session, after major benchmark averages finished higher as...

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World

Views: 1

Oil Prices Dip as industry Data Shows Massive Build in U.S. InventoriesOil Prices Dip as industry Data Shows Massive Build in U.S. Inventories

Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses were limited by...

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Stock Market

Views: 2

European Stocks Edge Higher; German Industrial Production Impresses

European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as...

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Economy

Views: 4

Oil Prices Rebound on China Reopening Optimism, Easing Fed Fears

Oil prices rose on Monday, recovering a measure of recent losses as investors bet that an economic reopening in China and a less hawkish...

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Economy

Views: 3

Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High

Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international...

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Economy

Views: 2

GM Wants U.S. Treasury to Reconsider tax Credits for Cadillac Lyriq EV

General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to...

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World

Views: 2

Weekly Comic: China’s Precarious Reopening

China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem to think. Global markets...

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Economy

Views: 4

Chinese Yuan hits 4-Mth High on Reopening cheer, U.S. Payrolls Awaited

The Chinese yuan jumped to a four-month high on Friday as markets bet on a strong economic boost from China reopening its borders this...

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Gold

Views: 3

Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in...

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