Oil prices rebound after Brent slides below $93
Brent crude settled $2.22 lower on Monday at $92.17 a barrel, a decline of 2.35%. WTI dropped $2.05, also 2.35%, to close at $85.01 a...
Category : Business
Alibaba secures HK$80 billion to expand AI investment
Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue...
South Korea launches Arctic container ship trial to Europe
South Korea has begun its first container ship trial through the Arctic to Europe. The 2,758-TEU PanStar Acro left Busan New Port at about 9...
Japan posts record July trade as imports outpace exports
July marked the second consecutive monthly record for imports by value. Crude oil played a major role in the increase as Japan faced higher energy...
Wall Street rises after Treasury expands debt buybacks
U.S. stocks ended modestly higher Wednesday as long-term Treasury yields fell sharply. The S&P 500 rose 16.22 points, or 0.21%, to 7,707.98, ending a three-session...
South Korea auto exports reach $6.24 billion in July
Eco-friendly vehicles lead July export gains The ministry linked the July export increase to more operating days and continued overseas demand for eco-friendly vehicles and...
Diesel prices rise as US and Europe fuel supplies tighten
Diesel prices remained elevated on Wednesday as tighter refined-product supplies kept pressure on fuel markets in the United States and Europe. U.S. ultra-low sulfur diesel...
Europe heatwave puts EU economic growth under pressure
Europe’s extreme summer heat and drought could cut EU economic output by about 1% in 2026, according to new analysis from Triodos Bank. The estimated...
Denmark inflation slips to 1.7% with core rate steady
Denmark's annual consumer price inflation eased to 1.7% in July from 1.9% in June, with core inflation remaining steady at 2.3%. Restaurants and hotels were...
Gold clears $4,400 while US inflation data takes focus
Gold advanced for a third consecutive session on Tuesday as bullion extended its rebound from last week. Spot gold gained 1% to $4,432.74 an ounce...