Oil prices continued to rally on Thursday with Brent oil topping US$50 a barrel following data showing lower US crude stockpiles.Brent North Sea crude for delivery in October rose US$1.04 to US$50.89 a barrel in London,...
Oil fell near US$47 a barrel as the number of US rigs drilling for oil remained unchanged and Royal Dutch Shell Plc said production isn't affected by storm preparations in the Gulf of Mexico.Futures in New York dropped...
Oil held losses near the lowest close in a week as US crude stockpiles unexpectedly increased, keeping supplies at the highest in at least three decades with the peak summer demand period approaching its end.Futures were...
U.S. stocks rose slightly after minutes from the Federal Reserve’s July meeting shed little light on when the central bank might next raise interest rates.The minutes showed Fed officials are seeking to keep their options...
ETF holdings on SGX rose US$507 million, or 18%, in the six months ended 31 July 2016. Sixty-four of the 78 ETFs listed on SGX registered an increase in assets under management (AUM). The biggest increases in AUM were...
Investors and pundits from Wall Street to Silicon Valley were stunned on Wednesday afternoon after Facebook said it was paying a total of $16 billion in combined cash and stock for WhatsApp, an Internet-based mobile texting...
Twitter Inc. TWTR -17.92% shares tumbled late Wednesday after the company reported weaker than expected user growth and timeline views. Twitter said it had 241 million monthly active users in the fourth quarter, lower...
Its economy and financial system is now reliant on the fickle and
potentially destabilizing short-term foreign capital its closed
financial system was designed to guard against. This is hard to quantify
but claims...
U.S. stocks on Tuesday recovered from prior-day losses — the S&P 500 SPX +0.76% and Dow Jones Industrial Average DJIA +0.47% closed Monday with the biggest drops since June 20 — and Treasurys fell.
The dollar...
The euro EURUSD +0.07% was little changed at $1.3491, compared to $1.3489 at the end of the previous week, while the British pound GBPUSD -0.01% inched lower to $1.6424 from $1.6443. The Japanese yen USDJPY +0.13% traded...
According to a report by Bloomberg, ASX Ltd. (ASX) will hire staff for a new office in Singapore this year as Australia’s main exchange operator seeks to do more business with Asian hedge funds and proprietary traders.“It...
Gold for April delivery GCJ4 +0.24% fell $2.70, or 0.2%, to settle at $1,239.80 an ounce on the Comex division of the New York Mercantile Exchange Friday.
Gold futures gained roughly 3.1% since the end...
Microsoft Inc. MSFT +0.79% shares rose 1.1% to $37.25 following a report that Satya Nadella, the company’s enterprise and cloud chief, will be named as chief executive.
Yahoo Inc. YHOO -0.09% ...
Shares of Amazon AMZN -4.47% — at one point in the after-hours session down as 12% — declined 4.7% at $389 on heavy volume. The company reported fourth-quarter earnings of 51 cents a share on revenue of $25.59 billion....
The dollar USDJPY +0.24% fell to ¥102.19 from ¥103.33 level late Tuesday. The yen is likely to strengthen against the dollar as turmoil in emerging markets continues, according to a note from Bank of America Merrill...
Wall Street finished Tuesday’s session with the best gains in two weeks. The S&P 500 closed up 0.6% to 1,792.50, and the Dow industrials DJIA -1.19% ended the session up 0.5% to 15,928.56, breaking a five-day...
After a gain of some 83 points futures for the Dow industrials DJH4 +0.19% were down 127 points at 15,749. Those for the S&P 500 index SPH4 +0.25% lost 14 points to 1,774.30, while futures for the Nasdaq-100...
The Hang Seng Index HK:HSI +0.95% tacked on 0.9% to 22,156.15. Chinese PC maker Lenovo HK:992 +4.96% LNVGF +6.31% climbed 4.2%, after the company said that it would reorganize itself into four business groups and diversify...
Gold for February delivery GCG4 +0.21% in electronic trade was up $2.80, or 0.2%, to $1,252.80 an ounce. March silver SIH4 +0.42% added 6 cents, or 0.3%, to $19.56 an ounce. A day earlier, gold futures made...