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Saudi Arabia cut its main crude oil price for Asia amid talks on a deal to ease shipping through the Strait of Hormuz, even as threats by Iran-backed Houthi militants imperil an alternative route for eastbound flows through the Red Sea.
We haven't written up this one. Financial Post has the full story — the link below goes straight to it.
The AUD/JPY cross attracts some sellers on Thursday, snapping a two-day winning streak and stalling this week's solid bounce move from its lowest level since late March.
Singapore's United Overseas Bank, the third-largest lender in Southeast Asia by assets, is selling its asset management business to a unit of Germany's Allianz for S$555 million (US$434 million).
Deutsche Bank strategists say the global equity rally lost momentum near record highs as technology shares weakened. The S&P 500 edged lower and the Nasdaq underperformed, with AMD and semiconductor…
China’s Sinopec, the world’s top refiner by capacity, has boosted purchases of Russia’s Far East crude for delivery in the third quarter as it looks to secure cargo arrivals amid continued shipping…
The Euro (EUR) clings to two-day gains against the Japanese Yen (JPY) at around 182.25 during the European trading session on Thursday.
Vietnam gold prices rose marginally Thursday morning, driven by a rally of the precious metal on global markets.