Friday, November 15, 2024
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Oil Steadies as Traders Track Risk-On Tone and Storm Francine

(Bloomberg) -- Oil held a one-day gain as a risk-on tone returned to wider financial markets, benefiting commodities including crude, while a storm menaced...

Australia’s Treasurer Says Opposition Blocking RBA Reforms

(Bloomberg) -- Australian Treasurer Jim Chalmers said he was disappointed but not surprised that the Liberal-National opposition had rejected his compromise offer on Reserve...

Draghi Says EU at Risk Without Huge Spending and Joint Debt

(Bloomberg) -- Former European Central Bank President Mario Draghi called on the EU to invest as much as €800 billion ($884 billion) extra a...

Volatility Fears Spur $28 Billion Emerging-Market Debt Spree

(Bloomberg) -- Borrowers in the developing world are shoring up their defenses against volatility that could shake their biggest markets in the US and...

Super Typhoon Yagi’s Dead or Missing Toll Rises in Vietnam

(Bloomberg) -- Super Typhoon Yagi’s trail of devastation across northern Vietnam and southern China included a toll of more than 60 dead or missing,...

Algeria Leader Tebboune Reelected by Landslide in Early Vote

(Bloomberg) -- Algerian President Abdelmadjid Tebboune easily won a second term at the helm of the OPEC nation, in an election critics said was...

Asian Stocks Tumble as Worry on US Economy Sinks Tech Shares

(Bloomberg) -- Asian equities slumped at the start of the new week, weighed down by losses in technology stocks on concerns over US economic...

Morgan Stanley Cuts Oil Forecast Again as Market Concerns Deepen

(Bloomberg) -- Morgan Stanley reduced its Brent crude price forecasts for the second time in a matter of weeks, as demand challenges mount while...

Clearlake-Backed Wheel Maker Files for Bankruptcy Protection

(Bloomberg) -- Wheel Pros, a maker of after-market specialty auto parts, filed for bankruptcy protection after struggling with inflation costs and a slump in...

Yuan’s Rally Tested as China’s Economic Pain to Offset Fed Boost

(Bloomberg) -- The yuan’s recent rally has limited room to extend as China’s economic woes may discourage the repatriation of dollar holdings following the...

China’s LNG Imports May Suffer as Caverns Are Filled to The Brim

(Bloomberg) -- China has boosted underground storage of natural gas, after it made an early start on preparations for peak demand over the winter.Most...

Asian Stocks Set to Drop After Jobs Data, Fedspeak: Markets Wrap

(Bloomberg) -- Asian stocks are set to drop after mixed US jobs data and a noncommittal Federal Reserve added to concerns the central bank...

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