On Friday, crude prices jumped more than 1 percent to more than $120 a barrel, as investors assessed the consequences of a missile attack on a Saudi Arabian oil supply plant against the prospect of the United States unleashing its crude stocks. After allegations of an attack on a Saudi oil plant raised fears about …
Oil Prices Soared To Almost $120 Per Barrel After Attack On Saudi Facilities Read More »
Asian stocks fell on Thursday as traders considered the emerging trends in the Ukraine conflict and more hawkish remarks from US Federal Reserve officials, while US bond trading was paused and oil prices rose. Outside Japan, MSCI’s broadest index of Asia-Pacific stocks (.MIAPJ0000PUS) fell 0.6 percent. After hitting a two-month high the previous session, Japan’s …
Asian Stocks Tumbles As Ukraine War Boosting Inflation Concerns Read More »
Alibaba increased its share buyback plan to $25 billion on Tuesday, the e-commerce behemoth’s biggest buyback plan, to shore up its damaged stock as it battles regulatory oversight and fears about economic weakness. The plan comes when Chinese Vice Premier Liu He announced that Beijing will bring out further measures to strengthen the economy, as …
Alibaba Raises Its Share Buyback Program To A New High Of $25 Billion Read More »
On Monday, China stocks fluctuated between gains and losses as traders remained cautious after lenders kept borrowing charges steady. The CSI 300 Index fell 0.1 percent in the morning session, taking away a 0.5 percent gain earlier in the day. The market was pulled down by rate-sensitive financials and real estate developers. The Hang Seng …
China Shares Fluctuate As Investors Anticipates Policy Support Moves Read More »
Oil prices fell more than 6 percent on Tuesday, reaching their lowest point from over three weeks, after Russia warned it would allow the Iran nuclear agreement to be renewed, and traders were concerned that China’s pandemic lockdowns would stifle demand. The Brent and US crude both indexes dipped below $100 each barrel for the first …
Value Of Oil Indices Falls Below $100 For The First Time In Weeks Read More »
