Yen Intervention Risk Creeps Higher as US Jobs
Traders are on alert for a rising risk of Japan intervening to support the yen, with a US jobs report…
Gold Rises for Fourth Straight Day With US Payrolls in Focus
Gold rose for a fourth day as traders waited for the release of US payrolls figures that’ll help to shape…
Netherlands holds supply talks with Nvidia, AMD on AI-facility
The Dutch government said on Thursday it is in discussions with U.S. chip firms Nvidia and AMD about suppling hardware…
BP projects 44% jump in oil output from India’s largest field, ONGC says
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India’s largest…
Apple Executive Departs Indonesia After iPhone Ban Deal Hiccup
The Apple Inc. executive leading talks with Indonesia to lift the country’s iPhone 16 sales ban departed Jakarta on Wednesday,…
Pound Trading Frenzy Shows Option Market’s Fear of Truss Redux
Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an…
Gold Steady as Traders Eye US Data That May Shape Rate Path
Gold held a two-day advance as traders mulled the outlook for the Federal Reserve’s easing path, ahead of key jobs…
Oil steadies with weak China data and US stockpiles in focus
Oil steadied as traders assessed data that highlighted continued weakness in China’s economy, and a drawdown in US crude stockpiles.…
VW managers to take combined 300-million-euro pay cut
Volkswagen’s management will take pay cuts adding up to over 300 million euros ($310.08 million) by 2030, according to comments…
Stocks slip, dollar boosted by US rate outlook
Global stocks slid, with European shares set for a weak open on Wednesday as worries over U.S. inflation resurfaced and…