Gold prices rise to one-week high, as softer U.S. dollar supports buying
A weaker greenback supports bullion as the dollar-priced commodity becomes less expensive for investors holding other currencies
Saudi Aramco plans to change Asia crude oil price formula, adopt DME Oman
The DME launched the Oman contract in 2007 and it is the most liquid physically deliverable futures contract for Middle East crude oil
Asian stocks fall on trade war anxiety, yuan steadies
In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.25 percent, a day after it hit a nine-month low. Japan’s Nikkei erased earlier losses to stand flat by late afternoon
Oil prices edge up as U.S. supply tightens, Iran sanctions loom
Brent crude futures were changing hands at $78.10 per barrel, up 34 cents, or 0.4 percent, from their last close
Commerce secretary inaugurates PHDEC’s head office, reassures future plans
Commerce Secretary Younus Dagha inaugurated the new head office of the Pakistan Horticulture Development and Export Company (PHDEC) on Monday.
Gold prices fall, as dollar strengthens
The dollar strengthened against a basket of currencies and extended its gains against the yen to hit a fresh six-week high of 111.06 yen, supported by the relative strength of the U.S. economy and on prospects of further rate hikes from the Federal Reserve
Asian stocks fall on weak data ahead of US-China tariffs
Japan’s benchmark Nikkei 225 index lost 1.3 percent to 22,019.07 and South Korea’s Kospi shed 1.6 percent to 2,290.35
Oil plunges 1 percent amid Asian economic slowdown
Brent crude oil futures were at $78.16 per barrel at 0316 GMT, down $1.07, or 1.35 percent, from their last close
Asian stocks higher, as trade conflict uncertainty weighs in
Japan’s benchmark Nikkei 225-edged 0.1 percent higher to 22,296.69, while Australia’s S&P/ASX 200 was virtually unchanged at 6,217.00.
Oil dips as trade dispute threatens growth
Traders worry that escalating tariffs on export goods, including U.S. crude oil, will stall trading and eventually choke world economic growth.
Asian stock markets mixed over confusing US trade stance
Japan’s benchmark Nikkei 225 index dropped 0.4 percent to 22,177.58 and South Korea’s Kospi lost 0.6 percent to 2,327.22
Oil dips but markets remain tight due to disruptions, record demand
Oil prices have been rallying for much of 2018 on tightening market conditions due to record demand and voluntary supply cuts led by the Middle East dominated producer cartel of the Organization of the Petroleum Exporting Countries (OPEC)
Gold prices dip amid firm dollar; trade tensions limit downside
Spot gold was 0.1 percent lower at $1,267.23 an ounce as of 0432 GMT, while U.S. gold futures were down 0.2 percent at $1,268.80 per ounce
Asian stock markets fall after China move
The Shanghai Composite Index fell 0.2 percent to 2,883.20 and Tokyo’s Nikkei 225 lost 0.5 percent to 22,409.55
Oil prices fall 1.5 percent on OPEC’s deal to raise output
Brent crude futures were at $74.22 per barrel at 0455 GMT, down 1.8 percent from their last close