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Markets
How ransomware attack on ICBC rattled the Treasury market and shook up a 30-year bond auction
It was a trading day unlike any other for traders in the $25 trillion Treasury market, with a 30-year bond auction seen as having been partially undermined…
AUD/USD ends week lower, pressured by RBA’s stance and Powell’s hawkish posture
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AUD/USD declined 0.12% for the day, marking a…
Oil prices fall for a third week in a row
Oil futures finished higher on Friday, but posted a third straight weekly loss. “Oil pundits forecasting widespread oil shortage this year is old news, and the reality…
New Zealand Dollar continues weakness against US Dollar on Friday
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The New Zealand Dollar declines across the board on…
Sibanye-Stillwater announces board reshuffle and new chairs
© Reuters.
In a move to rejuvenate its leadership, Sibanye-Stillwater Limited has announced significant changes to its board of directors, including the appointment of new…
Zambia debt deal hits fresh hurdle over official sector concerns
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Official lenders led by the IMF and Beijing, have…
US Dollar consolidates on Friday but tallies a weekly gain
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The DXY index trades neutral at 105.90, closing a 0.80%…
UK fuel prices rise as competition weakens, CMA reports
Drivers in the United Kingdom are facing increased fuel prices amid concerns over weakening competition in the market, according to recent observations by the Competition and…
Plug Power’s stock plunges 25% as company sees ‘unprecedented supply challenges’
Shares of Plug Power Inc. dropped more than 25% in the after-hours session Thursday after a wider loss and a revenue miss for the fuel-cell company, which…
Canadian Dollar under water again, set for its fifth straight day of losses
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The Canadian Dollar has seen little but downside this…