Business
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026 The Middle Eastern oil market has…
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weakens
Business
UK unemployment rate rises to 5% as jobs market weakens
The rate of UK unemployment has risen to 5% in the three months to September, showing signs the jobs market has weakened, according to new…
Business
Indonesia weighs new central bank mandate; rupiah weakens
INDONESIAN lawmakers are weighing changes at the central bank that include a broader mandate and a lower bar for removing senior…
Business
Gold scales new high as US dollar weakens ahead of Fed meeting
Lower interest rates reduces the opportunity cost of holding non-yielding bullion Gold prices scaled a record peak on Tuesday (Sep 16),…
Business
Japan's Nikkei ends at record high as yen weakens, economy shows resilience
Japan’s Nikkei closed at an all-time high on Friday (Aug 15), as the yen weakened and data showed the nation’s economy was surprisingly…
Business
Gold inches higher as US dollar weakens on Fed rate cut hopes
Gold prices edged higher on Thursday (Aug 7), helped by a weaker US dollar on growing expectations of a Federal Reserve rate cut next…
Business
Siltronic lowers annual revenue guidance as semiconductor business weakens
German semiconductor materials supplier Siltronic on Tuesday lowered its full-year sales guidance and warned on sales in the next quarter,…
News
Watering Down the SAT Weakens Meritocracy
If we want a society that truly rewards talent and effort, we must preserve and strengthen the tools that make upward mobility possible.…
Business
Bank of England keeps rates steady, sees further loosening as jobs market weakens
The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker…
Business
USD weakens against SGD as tariff uncertainty roils markets
The US dollar fell to its weakest point against the Singapore dollar since November 2024, as markets continued to be volatile following…
Business
Bulgari CEO eyes India for growth as China luxury demand weakens
LVMH-owned jeweller Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown.…
Business
Dollar climbs, euro weakens to two-year low after PMI data
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each…
News
Rafael weakens to tropical storm over Gulf of Mexico after barreling through Cuba as a hurricane
MEXICO CITY (AP) — Rafael weakened Saturday to a tropical storm and was expected to dissolve over the Gulf of Mexico in the coming days…