Venezuela launches oil pegged cryptocurrency “petro”
CARACAS: Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch...
Bitcoin claws back to $10,500, after US regulator approves futures
LONDON: Bitcoin rebounded on Friday to hit the day’s highs above $10,500, recovering from an earlier dip below $9,500, after the U.S....
Wall Street regains composure after initial slide
NEW YORK: Wall Street took investors on a turbulent ride Friday as stock indexes veered into a steep slide that knocked 350...
OPEC cartel decides to extend production cut till end-2018
VIENNA: The OPEC cartel and a group of allied oil-producing nations agreed Thursday to extend crude output cuts until the end of...
Swirling Bitcoin registers $2,000 slump in 24 hours
LONDON: Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value...
Asian stock markets fall, following declines at Wall Street
TOKYO: Asian stock markets declined Thursday after U.S. tech stocks fell and China reported stronger manufacturing as investors looked ahead to a...
Bitcoin rallies past $11,000 barrier
LONDON/NEW YORK: Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after...
Oil markets edgier, as OPEC set to meet in Vienna
SINGAPORE: Oil markets opened cautiously on Thursday ahead of the outcome of an OPEC meeting in Vienna later in the day, with...
Russia remains biggest supplier of crude oil to China
BEIJING: Russia held its position as China’s top crude oil supplier for the eighth month in a row in October, customs data...
US crude oil touches two-year highs, as supplies tighten
SINGAPORE: U.S. crude oil hit fresh two-year highs on Friday, as the shutdown of a major crude pipeline from Canada to the...
Asian stock markets decline, as focus shifts to Chinese markets
TOKYO: Asian stock markets were mostly lower Friday with investors finding little guidance with Wall Street closed for the Thanksgiving holiday and...
Asian stock markets flat, as Fed plots interest rate rise in US
TOKYO: Asian stock markets were largely flat on Thursday with investors in the U.S. markets going on a Thanksgiving holiday and the...
Oil prices slightly down, as US crude reaches two-year highs
SINGAPORE: Oil prices eased on Thursday, with U.S. crude dipping away from two-year highs reached the day before, but the shutdown of...
Asian stocks rise as Wall Street recovers lost ground
TOKYO: Asian shares edged mostly higher Tuesday after Wall Street regained lost ground overnight amid subdued trading ahead of the Thanksgiving holiday.
KEEPING...
Oil prices stable, as rising US output hits OPEC cuts
SINGAPORE: Oil prices were little changed on Tuesday as the impact from expectations of an extended OPEC-led production cut was canceled out...