Tag: economic

Uncategorized

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Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists

Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest...

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Uncategorized

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IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel...

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Economy

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Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency,...

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Economy

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China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s...

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Economy

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Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year...

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World

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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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World

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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

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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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Economy

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China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin

Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country grappled...

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Market

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Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation

Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the...

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