Oil Prices Dip as Demand Outlook Worsens on China woes, OPEC Warning
Oil prices fell in choppy trade on Tuesday and nursed steep losses this week as weak economic data from China brewed more concerns over worsening demand, although the prospect of smaller U.S. rate hikes and tightening supply helped limit losses. Crude markets plummeted at...
Asian Stocks Slammed by Fed Rate Hike Risks
Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve.
Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%....
Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales
Meta Platforms Inc's stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the "Year of Efficiency." The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times amid...
Electric car makers ride on sops to woo cab operators
The following article is an analysis of data taken from the INOMICS Salary Report 2020/21 - which is available to download in full here. Specifically, this article looks at the average salaries of economists around the world working in academia, the public sector and the...
Asian Stocks Sink As Fed Week Begins, China Reopens Strong
Most Asian stock markets sank on Monday as caution kicked in ahead of a Federal Reserve meeting and key economic data this week, while Chinese shares rose sharply as they resumed trade after a week-long holiday. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite...
Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Reserve officials, as well as growing concerns over a potential recession this year. China-exposed currencies were the worst performers this week, even as data...
Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes
Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures...
Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s...
WhatsApp Has a Secure Fix for One of Its Biggest Drawbacks
Starting with a beta that launches today, you’ll no longer have to route all your messages through your smartphone.
THE UBIQUITOUS END-TO-END encrypted messaging service WhatsApp melds security and convenience for 2 billion people around the world. But there's always been a big limitation: The service relies entirely on...
Sania Mirza wins the first title of the 2021 season in Ostrava
Star Indian tennis player Sania Mirza won her first title of the season as she and her Chinese partner Shuai Zhang beat the pair of Kaitlyn Christian and Erin Routliffe in the women's doubles final of the Ostrava Open here on Sunday.
The second-seeded Indo-Chinese...