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The Japanese yen recouped some of its losses on Monday after retreating late last week, as markets assessed the timing of further interest rate hikes in Japan and the likelihood of official intervention, while thin year-end trading left European currencies…
Oil prices rose by more than $1 on Monday as investors weighed talks between the U.S. and Ukrainian presidents on a possible deal to end…
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The Japanese yen recouped some of its losses on Monday after retreating late last week, as markets assessed the timing of further interest rate hikes in Japan and the likelihood of official intervention, while thin year-end trading left European currencies…
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Finance & Economics
U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic data.At 4:19 a.m. ET, the 10-year Treasury yield was little changed at 4.33%. The 2-year yield was down less than…
Economist Impact
Shares at the Pakistan Stock Exchange (PSX) hit an all-time high of 124,000 points on Wednesday as the proposed federal budget for the upcoming fiscal year was well-received by investors for being “neutral-to-positive”. Maintaining an aggressive stance on…
The Japanese yen recouped some of its losses on Monday after retreating late last week, as…
Researchers in China have developed a fully modular, intelligent electric-drive heavy-duty vehicle that could be used…
Santa runs on diesel. Every year, the global holiday economy relies on a short, intense surge…
Economist Intelligence
Saudi Arabia’s finance ministry has increased its stake in the country’s biggest construction firm Binladin International Holding Group to 86.38%, state television reported on Monday, describing it as a debt-conversion deal. The finance ministry and Binladin were not immediately available…
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The Japanese yen recouped some of its losses on Monday after retreating late last week, as markets assessed the timing of further interest rate…
Researchers in China have developed a fully modular, intelligent electric-drive heavy-duty vehicle that could be used as a mobile launcher for an intercontinental ballistic…
Santa runs on diesel. Every year, the global holiday economy relies on a short, intense surge in distillate fuel consumption to power trucks, ports,…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider…