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Markets
Crude oil prices endure downturn amid U.S. interest rate hike anticipation
© Reuters.
Crude oil prices have seen a significant drop in the Asian market on Thursday, following the Federal Reserve's warning of a possible increase in U.S. interest…
With many banks dangling 5% and up offers, 10 things to know before buying a CD
Certificates of deposit have a long history of delivering steady, guaranteed returns. Now with rising interest rates and increased competition among banks and credit unions, CDs…
Oil: Demand concerns stand in the way of a further price increase – Commerzbank
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The price of a barrel of Brent Oil rose to a good $90 at…
China approves export licences for chip materials gallium, germanium
© Reuters. FILE PHOTO: The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023.…
China’s Youth Is Burned Out or Jobless and Living at Home. How It Got There.
In China’s new era of mass youth unemployment, young adults who are struggling come in a multitude of types.Take the “996” employees—they work from 9 a.m. to 9 p.m. six days a…
Gold price trades back and forth despite subdued S&P Global PMI report
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Gold price trades sideways as uncertainty about the…
European energy crisis: ECB, IEA and EIB to strategize on systematic transition amid soaring prices
© Reuters.
The European Central Bank (ECB), the International Energy Agency (IEA), and the European Investment Bank (EIB) are set to meet in Paris on September 29 to…
Securities lending earnings dwarf fees in some ETFs
Unusually large securities lending revenues at a clutch of exchange trade funds dwarfed their annual management fees by a factor of five last year.However, the bonanza may have…
US Dollar flat with weekly gains guaranteed
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The US Dollar trades mixed on Friday with some profit…
IMF halts Pakistan’s power relief plan amid ongoing electricity sector troubles
The International Monetary Fund (IMF) has reportedly halted Pakistan's plan to give relief to power consumers using over 200 units monthly, according to ARY News on…