us stockpiles

 
 

Asian markets drop as traders await Powell speech

HONG KONG, Aug 21 — Equities stuttered in Asia today as investors took a step back after recent gains, with focus now turning to a key speech by Federal Reserve boss Jerome Powell at the end of the week. Rising hopes for China-US trade talks have…


Oil rises after Iran says it seized foreign tanker in Gulf

LONDON, July 18 — Oil prices rose today after Iran said it had seized a foreign oil tanker in the Gulf amid rising tensions between Tehran and the West over the safety of shipping in the Strait of Hormuz, a vital gateway for energy exports. Brent…


Asian markets advance as focus turns to US Fed boss

HONG KONG, July 10 — Asian markets mostly rose today after two days of losses with investors focusing on congressional testimony by Federal Reserve boss Jerome Powell. Fed officials have helped spur a rally in world equities in recent weeks by…


Asian markets mostly up after Wall St record, focus on US jobs

HONG KONG, July 4 — Asian markets mostly rose today, tracking a record performance on Wall Street, as investors turned their focus to the upcoming release of US jobs data while hoping for a big Federal Reserve interest rate cut. US traders went on…


Dollar edges up vs yen as some pre-G20 summit jitters ease

TOKYO, June 27 — The dollar edged up to a one-week high against the safe-haven yen today, as some of the jitters ahead of the G20 summit in Japan eased amid hopes for progress there in resolving the Sino-US trade war. Hong Kong’s South China…


Global stocks sag amid trade uncertainty, oil prices fall

NEW YORK, June 13 — Stock markets pulled back yesterday amid lingering trade war worries, with Asian markets also buffeted by unease over massive civil protests in Hong Kong. Asian markets kicked off the losses after two days of healthy gains,…


Asian markets retreat as protests batter Hong Kong

HONG KONG, June 12 — Asian markets fell today after two days of healthy gains, with Hong Kong the worst performer — sinking two per cent as a huge anti-government protest paralysed key roads in the city before turning violent. Profit takers…


Most Asian markets see further losses as trade row rumbles along

HONG KONG, May 24 — The increasingly fractious trade row between China and the United States was the main focus of Asian investor angst today, with most markets down to extend the previous day’s steep losses, though oil edged back from a painful…


Asian markets perked up by positive China-US trade news

HONG KONG, Dec 12 — Asian markets enjoyed healthy buying interest today on much-needed good news on the China-US trade talks, while energy firms rallied with oil prices, though the pound remained beaten down by Brexit woes. A flurry of positive…


Wall Street rallies as Cyber Monday shoppers log on

NEW YORK, Nov 27 — Wall Street bounced back yesterday as bargain hunters returned in force after last week's sell-off and expectations of a flurry of holiday cyber-spending drove up shares of retailers. The S&P 500 and the Dow Jones Industrial…