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World 23 Jan 2021 | 12:52 AM

UK business activity suffers steep slump in January amid fresh lockdown

LONDON, Jan. 22 (Xinhua) -- British business activity in January registered an eight-month low as the country introduced a new round of lockdown restrictions due to the coronavirus pandemic, according to a report released Friday.

World 10 Jan 2021 | 6:32 AM

Roundup: U.S. equities post weekly gains in kicking off 2021

NEW YORK, Jan. 9 (Xinhua) -- Wall Street's major averages advanced in the first trading week of the new year as investors shrugged off the turmoil in Washington and a weaker-than-expected December U.S. employment report.

World 08 Jan 2021 | 4:29 AM

Gold up on inflation concern

CHICAGO, Jan. 7 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as investors became concerned with inflation.

World 06 Jan 2021 | 5:22 AM

U.S. stocks rise with Georgia elections in focus

NEW YORK, Jan. 5 (Xinhua) -- Wall Street's major averages finished higher on Tuesday as investors turned their focus to two high-stake Senate runoffs in the U.S. state of Georgia.

World 06 Jan 2021 | 4:48 AM

U.S. dollar slips amid economic data

NEW YORK, Jan. 5 (Xinhua) -- The U.S. dollar weakened in late trading on Tuesday as market participants pored through newly-released economic data.

World 05 Jan 2021 | 4:30 AM

U.S. dollar dips amid strength in euro

NEW YORK, Jan. 4 (Xinhua) -- The U.S. dollar weakened in late trading on Monday as the euro strengthened.

World 05 Jan 2021 | 4:23 AM

Gold up on COVID-19 concerns

CHICAGO, Jan. 4 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as investors weighed COVID-19 concerns.

World 31 Dec 2020 | 3:58 AM

Gold up on weaker U.S. dollar

CHICAGO, Dec. 30 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as the U.S. dollar weakened for the second day in a row.

World 17 Dec 2020 | 3:16 AM

Roundup: Market fundamentals don't support current oil prices

NEW YORK, Dec. 16 (Xinhua) -- The recent increase of crude oil futures prices to the highest level since early March was mostly driven by upbeat sentiment around COVID-19 vaccines but not market fundamentals, according to multiple research institutions and firms.

World 04 Dec 2020 | 4:58 AM

U.S. services sector expansion slows in November amid COVID-19 spikes

WASHINGTON, Dec. 3 (Xinhua) -- The U.S. services sector expanded in November for the sixth consecutive month, but the pace slowed down amid surging COVID-19 cases, the Institute for Supply Management (ISM) reported Thursday.