Gold prices rose to a more than one-week high on Thursday as its safe-haven appeal was lifted by concerns over soaring inflation and uncertainty surrounding the war in Ukraine.
Gold rose to a more than one-week high on Thursday as concerns over soaring prices and uncertainty surrounding the war in Ukraine lifted bullion's appeal as a safe-haven and an inflation hedge.
Gold rose on Thursday as safe-haven support from the Russian invasion of Ukraine was countered by signs that U.S.
Gold prices were in a range-bound trade on Thursday, as markets exercised caution over the Russia-Ukraine conflict and ahead of U.S.
Sri Lanka will seek World Bank assistance to stave off a severe economic crisis in addition to an International Monetary Fund (IMF) rescue plan to be discussed next month, two sources said.
Japan may see consumer inflation creep up and stay near the central bank's 2% target for a prolonged period if the war in Ukraine continues to drive commodity prices higher, Bank of Japan policymaker Goushi Kataoka said on Thursday.
A sharp sell-off in U.S. Treasuries has increased concerns about low levels of liquidity in the $23.5 trillion market, potentially amplifying losses for investors which already had a dire start to the year.
U.S. stocks rose following choppy trading abroad on Thursday, and oil prices pulled back, as investors watched Western leaders present a unified front against Russia's invasion of Ukraine.
World share markets were choppy on Thursday as the Russia-Ukraine war kept oil above $120 a barrel, while worries about "stagflation" rose on renewed talk of aggressive U.S.
Asian shares fell on Thursday, while the sell-off in U.S.
U.S. stocks rose following choppy trading abroad on Thursday as the Russia-Ukraine war kept oil above $110 a barrel and investors watched a meeting of NATO leaders on Russia's invasion of Ukraine.
U.S. stocks rose following choppy trading abroad on Thursday, and oil prices pulled back, as investors watched a meeting of Western leaders on Russia's invasion of Ukraine.
Asian shares were volatile on Thursday and oil prices turned lower as the latest developments in the Ukraine war and more hawkish comments from U.S.
By Mohi NarayanNEW DELHI - Crude prices declined in volatile trading on Thursday as investors assessed the potential for new supply in tight markets amid prospects of a new Iran deal.
By Rowena EdwardsLONDON -Oil prices were steady on Thursday as the U.S.
By Rowena EdwardsLONDON -Crude prices fell on Thursday as the United States and its allies discussed a possible further coordinated release of oil from storage to help calm energy markets in the wake of Russia's invasion of Ukraine.
St. Louis Federal Reserve Bank President James Bullard on Wednesday said U.S.
Cuba's government said on Wednesday a spike in demand for fuel, caused in part by the failure of the country's largest power plant last week, had led to fuel shortfalls at service stations nationwide, prompting hours-long queues for gasoline.
The United States has no plans to renegotiate a quota agreement forged by South Korea and the former Trump administration, U.S.
Sales of new U.S. single-family homes unexpectedly fell in February amid rising mortgage rates and higher house prices, which are squeezing out some first-time buyers from the market.
Sales of new U.S. single-family homes unexpectedly fell in February amid rising mortgage rates and higher house prices, which are reducing affordability for some first-time buyers.
Federal Reserve policymakers on Wednesday signaled they stand ready to take more aggressive action to bring down unacceptably high inflation, including a possible half-percentage-point interest rate hike at the next policy meeting in May.
Saipem core investors Eni and CDP together with a pool of banks are ready to advance 1.5 billion euros of an overall 2 billion euro capital increase to rescue the troubled Italian energy service group, two sources said.
All three major U.S. stock indexes ended more than 1% lower on Wednesday as oil prices jumped and Western leaders began gathering in Brussels to plan more measures to pressure Russia to halt its conflict in Ukraine.
U.S. stocks fell sharply on Wednesday as Moscow planned to switch its natural gas sales to some countries to roubles and oil prices jumped, while shares of Adobe fell following a disappointing outlook.
"The longer the war goes on, the greater the chance of an economic recession," the chief executive of commodity trader Vitol said on Tuesday at a business leaders' conference organised by the Financial Times.
A Dutch court on Wednesday rejected a suit against Shell brought by four widows of activists who were executed by the Nigerian government in 1995 after they protested against the oil's company's exploitation of the Niger Delta.
Europe will end its energy dependence on Russia but to do so from one day to the next would plunge it into a recession, risking hundreds of thousands of jobs and entire industrial sectors, German Chancellor Olaf Scholz said on Wednesday.
Canada on Thursday will outline plans to increase oil exports to help alleviate the tight global market following Russia's invasion of Ukraine, but the hike will not undermine Ottawa's long-term climate commitments, a government source said.
U.S. President Joe Biden has few appealing policy options to get record high U.S.
