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Hedge Fund Manager: Chinese Investors Remain Steady Amid Trade Tensions

Wong Kok Hoi, founder of APS Asset Management, believes Chinese investors have adjusted to the ongoing "hostile" actions taken by the United States against...

Oil Imports Exempted from Trump’s Sweeping Tariffs

WASHINGTON — The U.S. oil industry received a significant relief on Wednesday as imports of oil, gas, and refined products were exempted from President...

Sri Lankan Stocks on Track to Be Frontier Haven, EM Fund Says

Sri Lanka, which faced an unprecedented economic crisis culminating in a default in 2022, is on the path to recovery, and global investors are...

EUR/USD Price Continues to Decline Amid Downward Correction – Forecast for March 27, 2025

The EUR/USD exchange rate extended its losses in intraday trading on March 27, 2025, as the market...

Asian Stocks Subdued Amid Economic Concerns, Yen Softens as BOJ Holds Rates

Asian stock markets were relatively subdued on Wednesday as economic concerns and shifting geopolitical tensions weighed on...

Australia’s Job Market Decline Fuels Rate-Cut Speculation

SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs,...

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Platinum Price Loses Momentum – Market Outlook for December 27, 2024

Platinum prices have lost the positive momentum seen earlier, causing the metal to fluctuate below the $950.00 barrier and move sideways around the $935.00...

Oil Prices Edge Higher on China Stimulus and U.S. Stockpile Decline

Oil prices inched up on Thursday during thin holiday trading, supported by expectations of additional fiscal stimulus in China and a projected decline in...

Asian Stocks Hold Steady Amid Thin Trading; Japan Shares Surge on Record Budget Plans

Asian stock markets showed limited movement on Thursday as trading volumes remained low due to holidays in several major markets. However, Japanese stocks surged...

U.S. Stocks Rally, Dow Jones Up 0.91%

U.S. stocks closed higher on Tuesday, buoyed by strong gains in the Consumer Goods, Consumer Services, and Financials sectors. The Dow Jones Industrial Average...

Indonesia Stocks Lower at Close of Trade; IDX Composite Index Down 0.43%

Indonesia's stock market closed lower on Wednesday, with the IDX Composite Index falling by 0.43%, as a broad-based decline in the Financials, Agriculture, and...

USDCHF Price Resumes Upward Movement – Bullish Trend Forecasted for Today – 24 December 2024

The USDCHF price has bounced upwards, reaching the 0.9014 level and is now awaiting a breach of this resistance to confirm further upward momentum....

Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024

Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...

EURJPY Poised for Further Upside – Forecast for December 23, 2024

The EURJPY currency pair has shown limited movement since Friday, with price action largely fluctuating sideways around the 163.40 level. Despite this consolidation, it...

Aviva to Acquire Direct Line in £3.7 Billion Deal

Aviva (LON: AV) announced on Monday that it has entered into a definitive agreement to acquire Direct Line Insurance Group (LON: DLGD) in a...

Indonesia Stocks Higher at Close of Trade; IDX Composite Index Up 0.39%

Indonesia's stock market closed higher on Friday, with gains in the Financials, Infrastructure, and Agriculture sectors driving the overall rise in the IDX Composite...

Nike Shares Slide as Guidance Flags ‘Severe Issues’; Q2 Results Top Estimates

Nike's stock has been facing turbulence after the company reported fiscal second-quarter earnings that exceeded analysts' expectations, but provided disappointing guidance for the upcoming...

European Stocks Drop Following Hawkish Fed Signals

European stocks experienced a sharp decline on Thursday, heading for their largest percentage drop in five weeks, as investors pulled out of riskier assets,...

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