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HSBC Asset Management reviews recent coordinated intervention by Japanese and US authorities to support the Japanese Yen, recalling the sharp carry-trade unwind during the previous episode two years ago.
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West Texas Intermediate (WTI), futures on NYMEX, gives back some of its early gains, but it still 1.6% higher at around $77.55 during the European trading session on Monday.
Dubai: Edenred UAE, part of the global Edenred Group and a long-standing provider of payroll solutions in the UAE, today announced it has received in-principle approval from the Central Bank of the…
The ongoing financial crunch is putting fresh pressure on the government as parliament resumes.
Gerdau's Q2 profit surged 69.7% to R$1.466 billion (US$287 million), boosted by North American demand. The company also approved a dividend of R$0.23 per share.
Oil prices rose on Monday, Aug. 10, amid continued uncertainty over reopening the Strait of Hormuz, after Iran said the United States would have to meet several conditions even as Tehran and Oman…