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Tag: latest finance news

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Iran’s crude oil revenue surges 580% in 4 months

Iran's oil and condensate export earnings surged 580 percent in the first four months of the Iranian calendar, which began on March 21 this year,...

MLIV survey: The Fed Will Cut Interest Rates Next Year, Bond Investors Are on Their Way Out

Investors doubt the Fed can rein in the worst inflation in four decades without pushing the economy into recession. That's bad news for Americans, who...

Korean media: Chinese companies’ market share exceeded 10% for the first time, and Chinese semiconductors are about to catch up with South Korea

South Korea's "Chosun Ilbo" reported on the 25th that the global first-quarter semiconductor foundry market ranking report recently released by market research agency TrendForce...

Batteries go up, oil prices go up! US electric car prices rise across the board

Over the past few months, Tesla, Ford, General Motors, Rivian and Lucid have all raised the prices of their electric vehicles. On June 16, Tesla...

UK consumer spending softens, job ads fall in past week

British consumers' spending on credit and debit cards fell slightly over the past week and the number of job adverts declined, while restaurant bookings...

Analysis: High energy prices could sink U.S. stocks during earnings season

Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this could sink stock prices even...

The fall in US bond yields strengthens the international appeal of gold

Gold prices rose on Wednesday as US Treasury yields retreated and the dollar strengthened its appeal amid growing recession fears.As of 10:31, the international...

Oil wobbles as global economic worries offset tightening supply

Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...

Yen fragile near 24-year low in BOJ aftermath, dollar treads water

The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in...

China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply

China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...

China keeps lending benchmarks unchanged, wary of policy divergence risks

China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...

IMF delegation visits crisis-hit Sri Lanka with time running out

An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a...

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