economic

Gold prices
Uncategorized

Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists

Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest rates and anticipation of key U.S. economic readings this week kept traders largely on the sidelines. The yellow metal marked four consecutive weeks of losses as hotter-than-expected U.S. inflation and signs of […]

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Asian Stocks Rally On China Stimulus, Japan Hit By BOJ Uncertainty
Asian stocks rally

Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus Read more

Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes
ASIA FX

Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, Read more

China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin
China manufacturing

Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country Read more

South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more

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IHG Adds
Uncategorized

IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel allowed it to post its best results in three years. The owner of the Crowne Plaza and Holiday Inn hotel chains profited handsomely from consumers putting travel at the top of their list of priorities […]

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Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices creep

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey
China Hotel

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID Read more

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rise

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more

Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
Oil Prices Dip

Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses Read more

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Oil prices creep
Economy

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s call that China will push global crude demand to record highs […]

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Asia FX Sinks as Caution Over Fed, CPI inflation, Boosts Dollar
ASIA FX

Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on Read more

Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets
Asia FX Weakens

Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Read more

Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Asia FX

Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its Read more

US discovers UK coronavirus variant in patient with no travel history
COVID-19 vaccine export may start in 2 weeks, says Serum Institute CEO Adar Poonawalla

By Administrator_India Capital Sands A 20-something man from Colorado is the first American known to be infected with a new Read more

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China Hotel
Economy

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry. During the first six days of work after China’s Lunar New Year holiday, job openings in the […]

Related Posts
IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022
IHG Adds

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel Read more

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices creep

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rise

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more

Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
Oil Prices Dip

Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses Read more

Read More
Oil prices rise
Economy

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year largely offset fears that a global economic slowdown will dent crude markets. Markets are betting on a strong boost to the Chinese economy from the week-long Lunar New Year holiday, […]

Related Posts
Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
Oil Prices Dip

Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses Read more

OIL PRICES RISE TO NEAR $90 AS OPEC CUT LOOMS
Financial News

Oil Prices Rose Further On Tuesday As Markets Positioned For The Biggest Supply Cut By OPEC Since The 2020 COVID Read more

Oil Rises on Saudi Supply Signals, But Demand Fears Cap Gains
Oil Rises

Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more

Oil Extends Gains on China reopening Hopes, Tightening Supply
OIL EXTENDS

Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more

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Oil Prices Dip
Fuel

Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories

Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses were limited by the prospect of strong demand this year and as the dollar softened on expectations of slower interest rate hikes. Data from the American Petroleum Institute showed that U.S. crude stockpiles surged by […]

Related Posts
Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rise

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more

Japan Set To Waive Some Visa Requirements In October To Boost Tourism
stock market

Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries, and Read more

Telekom Reports Q4 Growth, Forecasts Slightly Higher Earnings in 2023
Telekom

Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and Read more

Asian Stocks Hit By Tech Rout, More Fed Cues Awaited
Asian stocks

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more

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China's Precarious
World News

Weekly Comic: China’s Precarious Reopening

China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem to think. Global markets have owed their bright start to the year largely to hopes that the world’s second-largest economy will quickly reap the benefits of dropping the harsh public health restrictions that slowed the […]

Related Posts
IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022
IHG Adds

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel Read more

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices creep

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey
China Hotel

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID Read more

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rise

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more

Read More
Economy

Chinese Yuan hits 4-Mth High on Reopening cheer, U.S. Payrolls Awaited

The Chinese yuan jumped to a four-month high on Friday as markets bet on a strong economic boost from China reopening its borders this month, while broader Asian currencies were flat as focus turned to key U.S. payrolls data for more cues on the economy. The yuan was among the best performers for the day, […]

Related Posts
IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022
IHG Adds

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel Read more

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices creep

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey
China Hotel

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID Read more

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rise

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more

Read More
China manufacturing
Economy

China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin

Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country grappled with an unprecedented spike in COVID-19 cases after it relaxed some restrictions intended to prevent the spread of the virus. The Caixin Manufacturing Purchasing Managers Index (PMI) read 49.0 in December, higher than forecasts […]

Related Posts
Oil Prices Dip, But Eye Positive Week On Chinese Demand Bets
Oil Prices

Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates, although Read more

Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists
Gold prices

Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns Read more

Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher
Asia FX

Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as Read more

South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more

Read More
Asia FX
Asia

Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation

Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the Federal Reserve, although sentiment was somewhat lifted by softer-than-expected U.S. inflation data. Most regional units rose on Tuesday after data showed U.S. consumer price index (CPI) inflation eased more than […]

Related Posts
Oil Surges As Speculation Over OPEC Cut Outweighs China concerns

Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by Read more

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices creep

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey
China Hotel

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID Read more

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rise

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more

Read More