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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Trump tweets Fed probably will do very little to lower rates

President Donald Trump attacked the Federal Reserve in a tweet Monday, saying the U.S. central bank “probably will do very little” to counteract...

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Oil falls after constructive talks on Iran's nuclear deal

On Monday oil prices fell as investors fretted over the outlook for global economic growth, while weekend talks between Iran and major powers ended...

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Gold prices rise; all eyes on U. S. Q2 GDP data and Fed meeting

Gold was under some pressure earlier in the day after data showed new orders for durable goods in the U. S. rose by more than double the forecasts for June...

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