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NEW YORK: Oil prices rose on Thursday, with Brent crude touching its highest level in more than two months, supported by growing fuel demand and a draw in U.S. crude inventories as production remained hampered in the Gulf of Mexico after two hurricanes.
SINGAPORE: Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories as production remains hampered in the Gulf of Mexico after two hurricanes.
WELLINGTON: New Zealand’s central bank has damped speculation it could start its tightening cycle with a 50 basis-point interest-rate hike next month, signalling it’s more likely to take a cautious approach, according to economists.
Indonesia's central bank left its main policy rates steady at a record low on Tuesday to support an economic recovery from a recent devastating resurgence of Covid-19, while anticipating the impact of US tapering later this year.
TOKYO: Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China's economy of a crisis at heavily indebted property group China Evergrande.
SINGAPORE: Singapore’s first-ever sale of bonds to finance infrastructure projects is ideally timed as signs the global recovery is stuttering revs up demand for top-rated debt.
Before the Fujian outbreak started last week, there were signs China’s travel market was starting to bounce back after a bleak summerBut fresh lockdowns and bans on interprovincial tours have cast a cloud over the recovery and will not help already weak consumer spending
SINGAPORE: Oil prices climbed on Thursday, extending the previous day's solid gains after a larger-than-expected drawdown in crude oil stocks in the United States, the world's largest oil consumer.
NEW YORK: Global shares edged higher on Wednesday on the strength of U.S. equities markets that were boosted by rising oil prices and positive economic data out of the United States.
NEW YORK: World stock markets edged higher on Monday as gains on Wall Street and European indexes pushed aside - for now - fears over inflation, regulation and higher corporate taxes.