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Energy 04 Jun 2020 | 7:00 AM

Global diesel use likely to be depressed all year

CONSUMPTION of diesel and other middle distillate fuels is likely to be depressed for many months, as stay-at-home orders are lifted but the lingering effects of the epidemic and lockdowns reduce business activity.

Business 14 May 2020 | 7:00 AM

Euro risks endangered status on EU squabbling

LONDON: The European Union’s failure to rally together against the pandemic has left the euro the least defended currency of the developed world, reigniting fears of a breakup of the bloc itself.

Business 03 Mar 2020 | 7:00 AM

JPMorgan sees US$1.2 trillion reason to nix US yield rebound

TOKYO: Banks likely hold the equivalent of US$1.2 trillion worth of short positions in 10-year Treasuries, suggesting any rebound in yields could be capped if they cover their bets, according to JPMorgan Chase & Co.