Business
Gold dips on stronger dollar; Sino-U.S. trade spat in focus
Gold prices fell on Tuesday, weighed down by a stronger dollar as investors focused on the fiscal stimulus plan in the United States and escalating U.S.China tensions ahead of key trade talks later this week.
U.S. job openings rise in June, remain below pre-pandemic level
U.S. job openings increased in June but remained below their preCOVID19 pandemic level, supporting the view that it could take the labor market years to absorb the tens of millions of unemployed people.
Wall Street Edges Up as Trump Signs Virus Relief Orders; More Stimulus in Focus
Wall Street indexes opened a touch higher on Monday after President Donald Trump signed executive orders over the weekend to support the country's economy through the coronavirus crisis until more concrete stimulus could be passed.
Marriott posts bigger-than-expected loss as virus hits bookings
U.S. hotel operator Marriott International posted a biggerthanexpected quarterly loss on Monday, as the coronavirus pandemic curbed global travel and led to a plunge in room bookings.
Global Markets: Shares edge up as positive China industrial data outweighs trade jitters
Share markets rose on Monday as stronger industrial activity in China offered signs it was recovering from the coronavirus pandemic that outweighed jitters over U.S.Sino trade tensions.
Oil rises 1% on Saudi Aramco's upbeat demand view, Iraq supply cut
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shore up the U.S. economic recovery capped gains.
Asia-Pacific May See $31.4-54.3 Billion Remittance Losses Due to Covid-19: ADB
Job losses stemming from COVID-19 are hurting households around the world, but for Asia and the Pacific 91 million migrant workers; a third of the global migrant workforce – the impacts will be particularly severe, the ADB said in August 2020.
Saudi Aramco Profits Slump 73% on Low Oil Price as Covid-19 Undercuts Global Demand
Saudi Arabia, the world's biggest crude oil exporter, has been hit hard by the double whammy of low prices and sharp cuts in production that combined to severely impact oil income.
Oil giants' production cuts come to 1 million bpd as they post massive writedowns
The world's five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter, and slashed production rates as the coronavirus pandemic caused a drastic fall in fuel prices and demand.
India's Coal Import Drops 43% in July Owing to High Stockpile at Pitheads, Plants
During April-July 2020, total coal imports were recorded at 57.27 MT, which is 35.76 per cent lower than 89.15 MT imported during April-July 2019.
Northwest Pakistan Faces Shortage of Anti-snake Venom Vaccines Due to Stoppage of Import from India
Taimur Saleem Jhagra, the health minister of Khyber Pakhtunkhwa province said this during question hour in the provincial assembly session on Friday.
'Bull everything' rally leaves investors wondering what to own
With assets of all stripes rallying and the S&P 500 Index approaching fresh records, investors are facing a dilemma: stay in or get out.
Oil slips below $45/bbl on demand concerns, but set for weekly rise
Oil prices fell more than 1% on Friday, pulling back from a week of gains due to concerns that the global recovery could falter from a resurgence of coronavirus cases.
Forex Reserves Climb by $11.9 Billion to All-time High of $534.5 Billion
While announcing the monetary policy on Thursday, Reserve Bank of India Governor Shaktikanta Das said the reserves at USD 534.6 billion are equivalent to 13.4 months of imports.
Wall Street dips on slowing job growth, U.S.-China tensions
The S&P 500 pulled back from near sixmonth highs on Friday as data showed a sharp slowdown in U.S. employment growth and President Donald Trump cranked up friction with Beijing with moves to ban WeChat and TikTok.
Wall Street set to dip on slowing job growth, U.S.-China tensions
The S&P 500 was set to pull back from near sixmonth highs on Friday as data showed a sharp slowdown in U.S. employment growth and President Donald Trump cranked up friction with Beijing with moves to ban WeChat and TikTok.