Oil prices were little changed on Friday, and are set for their second weekly decline, on easing concerns about a full-scale war in the Middle East and on forecasts supply will exceed demand this year. The prospect of a US attack on Iran has roiled oil prices this year, but analysts say strike would

Global stock markets appear to regain footing following last week's wild swing, but shifts in broad landscape are drawing attention. The years started with Wall Street profit-taking from popular tech names. Small caps go back to the radar, which are poised to benefit from an upswing in economic grow

Gold prices dipped on Thursday, as the dollar firmed after strong jobs report. China extended its gold-buying streak to a 15th consecutive month in January despite growing costs, official data showed. The US government in January saw a smaller deficit than a year ago, while tariff collections surged

The euro strengthened above $1.19 on Wednesday. The US posted slower-than-expected retail sales in December, while a separate report showed growth inlabour costs unexpectedly slowed in Q4. Eurozone inflation is expected to stabilise at the 2% target after dipping below it this year, but the environm

The US dollar nursed steep losses on Tuesday ahead of a slate of economic data that will shape the interest rate path, while the Australian dollar was on a solid footing. A major Australian pension fund said the Australian dollar has been undervalued as the country's central bank starts to tighten r

The yen extended a string of recent losses in early Asian trading on Monday after Japanese PM Sanae Takaichi swept to victory in the snap election, easing the path to further fiscal stimulus. Alongside her coalition partner, she will likely secure a supermajority of two-thirds of seats, which enable

Crude prices extended their decline on Friday, on track as concerns about supply disruption in the Middle East eased with focus on the outcome of US-Iran nuclear talks in Oman later in the day. The benchmarks are headed for their first weekly drop in more than a month, down more than 3% from near si

South Korea's stock benchmark touched the 5,000 target for the first time in January and have risen further since then, fuelled by AI‑driven demand in the tech‑heavy market. The rally highlights the Asian country's shift from a cyclical export market to a major beneficiary of the global AI boom, tha

Asian stocks faltered as concerns about the exploding costs of AI investment loomed large, though Wall Street futures were attempting a comeback with a rebound in chipmakers. The yen nursed a fourth straight day of losses ahead of a general election on Sunday where polls are tipping a decisive victo

The dollar was steady on Wednesday after a partial government shutdown swiftly. Meanwhile, the yuan hovered around its highest level in more than 2 years amid signs of a thaw in China-Europe relation. An average of 13 forecasts from global investment banks has the currency at 6.92 per dollar by year

Wall St opened the new month higher on Monday, with focus shifting to Nvidia. According to WSJ, the chipmaker's plans to pour $100 billion into OpenAI had stalled on doubts over potential benefits. Deutsche Bank said earnings growth is on track to be the strongest in four years. So far, about one-th

Gold prices extended its historic plunge on Monday on a firmer dollar and profit-taking drains momentum. Trump plans to nominate Kevin Warsh as the next chair of the central bank. Confirmation process will likely be made much more difficult as a result of the pressure campaign Trump has waged agains