4 hours ago Oil prices continue to slide after OPEC postpones its political meeting Oil prices plunged more than 1% after the Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, postponed their policy meeting for four days. The oil cartel meetings were postponed from November 25th to 26th to November … [Read more…]
44 minutes ago Nikkei 225 briefly hits its 33-year high, its highest level since May 1990 Japan’s Nikkei 225 briefly touched its 33-year high on Monday morning, while the benchmark Nikkei 225 hit a high of 33,848.98 intraday. This surpassed the previous high of 33,753 on March 7 and is the highest since May 1990. … [Read more…]
People walk past a screen displaying the Hang Seng stock index in the Central District in Hong Kong, China, October 25, 2022. Portal/Lam Yik/File Photo Acquire LICENSE RIGHTS SINGAPORE, Nov 14 (Portal) – Asian stocks rose slightly on Tuesday, ahead of a key U.S. inflation report that could have a big impact on the Federal … [Read more…]
Asian markets showed steady holiday-curtailed trading on Tuesday, with some markets in the region closed for holidays. US futures and oil prices rose slightly. Shanghai’s benchmark led to losses in Asia on strong selling in technology and computer chip-related stocks as worries about trade tensions with the U.S. and other Western countries resurfaced. The Shanghai … [Read more…]
2 hours ago Inflation rate in Malaysia reaches lowest level since February 2021 Malaysia’s inflation rate fell to 1.5% in November, compared to 1.8% in October, reaching its lowest level since February 2021. November’s reading was also below the 1.7% expected in a Portal poll of economists. On a monthly basis, inflation remained flat in … [Read more…]