News

China's yuan steadies but stocks plunge as trade tensions grow

On Tuesday China's tumbling yuan steadied as authorities took steps to contain its slide while stocks plunged after Washington labeled Beijing...

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Oil prices down while Sino-U.S. trade war in focus

On Monday oil prices traded lower in Asia, while Sino-U.S. trade war developments were in focus...

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Oil prices steady after Trump trade tariffs spark plunge

On Friday oil prices rose more than $1, rebounding from their most significant falls in years after U.S. President Donald Trump imposed more tariffs...

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With Fed's "insurance" cut, Powell takes a cue from Greenspan

On Wednesday Federal Reserve Chairman Jerome Powell took a page from the playbook of his predecessor Alan Greenspan, who used a similar tactic...

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The U.S. and China meet for trade talks as Trump talks tough

On Wednesday top the U.S. and Chinese trade officials met in Shanghai for talks in a bid to end a year-long trade war, despite low expectations...

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Australia's central bank flags rate cut and market bets on July

Australia's top central banker on Thursday reported a recent cut in interest rates would not be enough to revive economic growth. It led markets to...

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Gold hits five-year high approaches US$1,400

Gold prices were flat during the early morning trade in Asia Friday, just hours after hitting their highest point in more than five years driven by...

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Asian stocks tick up and oil rises amid U.S.-Iran tensions

Asian shares edged up on Monday as investors pinned their hopes on any signs of a thaw in Sino-U.S. trade negotiations, while oil prices firmed on...

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