BEIJING—Asian stocks fell and European markets opened mixed Wednesday after U.S. inflation edged down less than expected, fueling concern the Federal Reserve might think more interest rate hikes are needed. London, Tokyo, and Shanghai declined. Frankfurt advanced. Oil prices fell by more than $1 per barrel. Wall Street futures were lower after official data Tuesday…
Global Stocks Mixed After US Inflation Feeds Rate Hike Fears
February 15, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
Closing Prices for Crude Oil, Gold and Other Commodities (Feb. 14)
February 14, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for March delivery fell $1.08 to $79.06 a barrel Tuesday. Brent crude for April delivery fell $1.03 to $85.58 a barrel. Wholesale gasoline for March delivery fell 4 cents to $2.49 a gallon. March heating oil rose 3 cents to $2.94 a gallon. March natural gas rose 17 cents to $2.57…
Oil Prices Dip on US Crude Reserve Release, Inflation Pressure
February 14, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices dipped on Tuesday after the U.S. government said it would release more crude from its Strategic Petroleum Reserve, while traders look out for U.S. inflation data for further queues. Brent crude futures fell 80 cents, or 0.9 percent, to $85.81 per barrel by 1003 GMT, while U.S. crude futures fell $1.05, or 1.3…
Global Shares Edge Higher Ahead of US Inflation Data, Yen Firms
February 14, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
Global shares edged higher on Tuesday, tracking a rebound on Wall Street ahead of a key U.S. inflation report and speeches by Federal Reserve members, while the yen recouped losses after Japan nominated a new central bank governor. European shares cheered an upbeat handover from Asia, with the pan-European STOXX 600 up 0.5 percent, hovering…
Closing Prices for Crude Oil, Gold and Other Commodities (Feb. 13)
February 13, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for March delivery rose 42 cents to $80.14 a barrel Monday. Brent crude for April delivery rose 22 cents to $86.61 a barrel. Wholesale gasoline for March delivery rose 3 cents to $2.53 a gallon. March heating oil rose 5 cents to $2.91 a gallon. March natural gas fell 11 cents…
Why Gold Flourishes in Times of Market Volatility, War, and Crisis
February 13, 2023
admin
Business & MarketscrisisgoldGold and CommoditiesInvestmentmarket volatilityMarketsSponsored Contentwar
0 Comment
It’s no secret that gold makes a worthwhile investment. For years, investors have purchased gold in times of crisis to protect their assets from market fluctuations and significant financial losses. One of the most attractive features of gold is its unique ability to hold its value even when the market dips. Now that volatility seems…
Oil Falls on Demand Fears as Fed ‘Make or Break Moment’ Approaches
February 13, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices slumped by about 1 percent on Monday as investors focused on short-term demand concerns ahead of key U.S. inflation data. Brent crude futures fell $1.14, or 1.3 percent, to $85.25 a barrel by 1005 GMT after a 2.2 percent gain on Friday. U.S. West Texas Intermediate crude was down $1.11, or 1.3 percent,…
Shares Steady, Dollar Gains Ahead of US Inflation Data
February 13, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON/SYDNEY—Global shares steadied, while the dollar rose on Monday, ahead of U.S. inflation data that could define the outlook for global interest rates, while news that the U.S. air force had shot down another airborne object created some geopolitical uncertainty. Officials declined to say whether this object, which was spotted along the Canadian border and…
‘Populist Rhetoric’: Major Coal Miner Lambasts Government for Limiting Exports
February 12, 2023
admin
AustraliaAustralian coalBusiness & Marketscoaleconomic policiesenergyGold and CommoditiesInternationalMarketsMatt KeanNew South WalesWhitehaven CoalWorld
0 Comment
Dreams of creating an “Elysian fields of a renewable economy” have created a potential energy shortfall in New South Wales (NSW) which has forced the government to limit how much coal miners can send overseas, says leading miner Whitehaven Coal. The government is set to impose a quota on mining firms to reserve 10 percent of…
Investors Pressure European Banks to Stop Financing New Fossil Fuel Projects
February 11, 2023
admin
banksBusiness & MarketsCompaniesenergyEuropefossilfuelGold and CommoditiesInvestmentinvestorsMarketsprojectsWorld
0 Comment
A group of investors representing over $1.5 trillion in assets under management sent demand letters on Feb. 7 to five of Europe’s biggest banks, calling on them to stop financing fossil fuel firms by the end of 2023. ShareAction—an investment group whose website states that its “vision is a world where the financial system serves…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`