BANGKOK—World shares were mostly higher Monday following last week’s rally on Wall Street, where investors bet that slow U.S. wage gains may augur a cooling of the inflation that has led the Federal Reserve to hike interest rates. In Europe, Germany’s DAX gained 0.3 percent to 14,647.16 and the CAC 40 in Paris edged less…
World Shares Up, Extending Wall Street Gains as US Wages Slow
January 9, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
China Bulks Up Gold Reserves, Reduces US Treasury Bond Holdings
January 8, 2023
admin
Business & MarketsChinaChina Business & EconomyChinese RegimeGold and Commoditiesgold reservesMarketsTreasury Bonds
0 Comment
China added 1.03 million ounces (32 tons) of gold to its reserves in November 2022, according to an official statement by China’s State Administration of Foreign Exchange (SAFE) on Dec. 7. Meanwhile, its holdings of U.S. treasury bonds fell to a 12-year low. Analysts speculate that while China augments its gold reserves to hedge against risk,…
Closing Prices for Crude Oil, Gold and Other Commodities (Jan. 6)
January 6, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for February delivery rose 10 cents to $73.77 a barrel Friday. Brent crude for March delivery fell 12 cents to $78.57 a barrel. Wholesale gasoline for February delivery fell 3 cents to $2.24 a gallon. February heating oil rose 3 cents to $3 a gallon. February natural gas fell 1 cent…
World Food Prices Hit Record High in 2022
January 6, 2023
admin
Business & Marketseconomic policieseconomyenergyEuropeFAOFoodglobalGold and CommoditiesinflationMarketsRussia-Ukraine WarWorld
0 Comment
PARIS—A surge in the cost of most food commodities last year, as the disruption caused by Ukraine’s conflict raised concerns of shortages, sent the U.N. food agency’s average price index to the highest level on record. The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food…
Oil Prices Firm on Optimism Over China’s Reopening
January 6, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices edged higher on Friday on hopes of a Chinese demand boost, but the broader global economic outlook kept crude benchmarks on course for a weekly decline. Brent crude futures rose 56 cents, or 0.71 percent, to $79.25 a barrel by 1009 GMT. U.S. West Texas Intermediate crude futures were up 60 cents, or…
Global Stocks Tepid Before US Jobs Test; Dollar Stands Tall
January 6, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON, TOKYO—Global equities were set to end the first week of 2023 on a tepid note and the dollar stood tall as fears of higher U.S. interest rates hit market sentiment. The MSCI World equity index traded steadily on Friday, on course for its fifth consecutive weekly drop despite a brief rally earlier in the…
Closing Prices for Crude Oil, Gold and Other Commodities (Jan. 5)
January 5, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for February delivery rose 83 cents to $73.67 a barrel Thursday. Brent crude for March delivery rose 85 cents to $78.69 a barrel. Wholesale gasoline for February delivery rose 1 cent to $2.27 a gallon. February heating oil was unchanged at $2.97 a gallon. February natural gas fell 45 cents to…
Oil Rebounds After Biggest Drop in Decades at Start of Year
January 5, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil rebounded over 2 percent on Thursday after posting the biggest two-day loss for the start of a year in three decades with the shutdown of a U.S. fuel pipeline providing support, though economic concerns capped gains. Big declines in the previous two days were driven by worries about a global recession, especially since short-term…
Global Shares Rise as Sentiments Get Boost From Fed, US Jobs
January 5, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
TOKYO—Global shares mostly rose Thursday following a rally on Wall Street as investors assessed minutes from the Federal Reserve’s latest meeting of policymakers and welcomed encouraging data on U.S. jobs. France’s CAC 40 lost 0.6 percent to 6,736.01 in early trading, while Germany’s DAX fell 0.4 percent to 14,438.94. Britain’s FTSE 100 edged up 0.1…
Closing Prices for Crude Oil, Gold and Other Commodities (Jan. 4)
January 4, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for February delivery fell $4.09 to $72.84 a barrel Wednesday. Brent crude for March delivery fell $4.26 to $77.84 a barrel. Wholesale gasoline for February delivery fell 10 cents to $2.26 a gallon. February heating oil fell 12 cents to $2.97 a gallon. February natural gas rose 18 cents to $4.17…
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`