Stocks dip, Treasury yields pull-back amid Middle East tension, cooler inflation, US-China 'deal'

Stocks dip, Treasury yields pull-back amid Middle East tension, cooler inflation, US-China 'deal'

Wall Street stocks and the dollar fell on Wednesday, while U.S. Treasury yields eased, amid fresh tension in the Middle East, a lack of detail in a U.S.-China trade deal, and U.S. consumer prices...
June 11, 2025 at 09:34 pm
Analysts react to US-China trade agreement

Analysts react to US-China trade agreement

NEW YORK/SINGAPORE -U.S. and Chinese officials said they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little...
June 11, 2025 at 03:15 pm
Some French Tesla drivers file lawsuit over harm allegedly caused by Musk's behaviour

Some French Tesla drivers file lawsuit over harm allegedly caused by Musk's behaviour

PARIS -A small group of Tesla owners in France is suing the carmaker run by Elon Musk, alleging its vehicles have become far-right totems that are harming their reputation, the law firm representing...
June 11, 2025 at 02:51 pm
Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets

Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets

MOSCOW -A lower price cap for Russian oil proposed by the European Commission to punish Moscow for its war in Ukraine will not contribute to the stabilisation of global energy markets, Kremlin...
June 11, 2025 at 11:22 am
Oil prices hit multi-week highs amid US-China trade talks

Oil prices hit multi-week highs amid US-China trade talks

NEW YORK -Oil prices hit multi-week highs on Monday, buoyed by a weaker U.S. dollar, while investors awaited news from U.S.-China trade talks in London in hopes a deal could boost the global economic...
June 10, 2025 at 01:40 am
Stocks climb, dollar dips with US-China trade talks eyed

Stocks climb, dollar dips with US-China trade talks eyed

NEW YORK -Global stocks climbed on Monday while the dollar retreated as talks began in London between the United States and China, aimed at cooling a trade dispute between the world's two largest...
June 09, 2025 at 09:39 pm
Apple:  eagerly awaited AI announcement at WWDC conference

Apple: eagerly awaited AI announcement at WWDC conference

Apple is set to kick off its annual WWDC developer conference on Monday, where the tech giant is eagerly awaited to announce the integration of AI into its products, even as investors remain skeptical...
June 09, 2025 at 03:30 pm
China says it may speed up rare earths application approvals from EU

China says it may speed up rare earths application approvals from EU

China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of EU brandy imports by July 5, its...
June 07, 2025 at 04:17 pm
Rio Tinto in bailout talks for Australian aluminium smelter, AFR reports

Rio Tinto in bailout talks for Australian aluminium smelter, AFR reports

SYDNEY -Global miner Rio Tinto is in talks with Australian federal and state governments about a multibillion-dollar bailout for its struggling Tomago aluminium smelter in New South Wales state, the...
June 07, 2025 at 06:41 am
Wall Street posts weekly gains, Treasury yields jump as upbeat jobs data ease economic fears

Wall Street posts weekly gains, Treasury yields jump as upbeat jobs data ease economic fears

NEW YORK -U.S. stocks closed sharply higher on Friday and U.S. Treasury yields jumped as a generally upbeat employment report and bounce-back in Tesla shares helped the indexes notch weekly...
June 06, 2025 at 09:34 pm
Eni, YPF sign agreement for participation in Argentina LNG project

Eni, YPF sign agreement for participation in Argentina LNG project

MILAN -Italian energy group Eni and Argentina's YPF on Friday signed an agreement on the Argentina LNG project during a meeting in Rome between Italian Prime Minister Giorgia Meloni and Argentine...
June 06, 2025 at 07:51 pm
US stocks end lower, crude gains as Trump-Musk row distracts from trade talks, data

US stocks end lower, crude gains as Trump-Musk row distracts from trade talks, data

NEW YORK -Wall Street veered to a sharply lower close and crude prices advanced on Thursday as a high-profile dispute between U.S. President Donald Trump and billionaire Elon Musk overshadowed trade...
June 05, 2025 at 09:22 pm
Australia is 'safe and reliable' critical minerals alternative, minister says

Australia is 'safe and reliable' critical minerals alternative, minister says

PARIS -Australia offers a secure alternative supply for critical minerals vital to industry, its trade minister Don Farrell said on Thursday, in the face of rising concerns about Beijing's dominance...
June 05, 2025 at 04:35 pm
Silver surges past $35/oz level to hit a more than 13-year high

Silver surges past $35/oz level to hit a more than 13-year high

Silver has soared to the key milestone of $35 per ounce, reaching its highest level in more than 13 years, propelled by robust industrial demand and ongoing supply deficits, analysts said. ...
June 05, 2025 at 03:25 pm
US stocks end mixed, Treasury yields dip as investors eye trade talks, jobs data

US stocks end mixed, Treasury yields dip as investors eye trade talks, jobs data

NEW YORK -Wall Street wavered and U.S. Treasury yields dropped on Wednesday as investors monitored U.S. trade negotiations and looked ahead to Friday's critical employment report. Tech...
June 04, 2025 at 09:40 pm