us crude inventories

 
 

Asia shares rise on trade war hopes, firm US data; safe havens sold

TOKYO, Sept 6 — Asian stocks joined global peers and rose today while safe havens such as government bonds and the yen were on the defensive amid hopes for easing US-China trade tensions and as firm US economic data increased risk appetites….


Gold, US Treasuries rise as recession, trade fears rattle investors

NEW YORK, Aug 28 ― Declining stocks on Wall Street weighed down a global equities gauge yesterday on lingering worries about the US-China trade war, while demand for US Treasuries and precious metals rose on recession fears. The US yield curve…


Oil edges further above US$63 on Mideast tensions

LONDON, July 23 — Oil edged further above US$63 (RM259) a barrel today, supported by rising tensions in the Middle East after Iran’s seizure of a British tanker last week, although signs of faltering demand capped gains. Iran’s capture of the…


Asia stocks rise, dollar sags as Fed chair sets stage for rate cut

TOKYO, July 11 — Asian stocks rose and the US dollar sagged today after Federal Reserve Chair Jerome Powell reinforced prospects of a US interest rate cut later this month. In an appearance before his congressional overseers on Wednesday, Powell…


Asian shares subdued as US-China trade enthusiasm fades

TOKYO, July 3 ― Asian shares were subdued today as initial enthusiasm over the latest US-China trade truce was overtaken by fresh concerns over Washington's threat of tariffs on additional European goods. Global growth concerns also weighed on…


Dollar gains on lower rate cut expectations, stocks flat

NEW YORK, June 26 — The dollar edged higher and European shares fell yesterday as traders curbed expectations of an aggressive US interest rate cut in July, while Wall Street traded little changed on mixed signals over China-US trade talks at the…


Oil jumps 3pc towards US$64 as Iran shoots down US drone in Gulf

LONDON, June 20 — Oil rose more than 3 per cent towards US$64 a barrel today after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington. Expectations that the US Federal Reserve could cut…


Asian stocks subdued, oil near five-month low on US inventory build

TOKYO, June 13 — Asian stocks stuttered today, dogged by the uncertainty over an intractable US-China trade dispute, while oil prices flirted with five-month lows thanks to higher US crude inventories and a bleaker demand outlook. MSCI’s…


Wall Street steadies after sell-off, but gains muted

NEW YORK, May 31 — US stocks showed signs of stabilising yesterday, but gains were kept in check by conflicting comments on trade talks from President Donald Trump and Beijing that reinforced concerns about a potentially lengthy battle harming…


Oil majors drive gains on FTSE 100, FirstGroup climbs on mid-caps

LONDON, May 30 — Gains in heavyweight oil company shares helped London’s main index inch higher today even as some aversion to risky assets prevailed after Beijing dialled up the rhetoric against Washington in their protracted trade war. The…