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September 3, 2024

Oil Prices Fall on Concern about Sluggish Economy in China

Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the impact of a blockade of oil production facilities in Libya.

Brent crude futures were down 37 cents, or 0.48%, to $77.15 a…

China Announces Probes over Canada’s Tariff Hike

China will launch an anti-discrimination investigation into Canada’s tariff hike on electric vehicles as well as steel and aluminum products imported from China, the Ministry of Commerce said Tuesday.

China will also launch anti-dumping investigation…

Dollar Steady as Traders Await Economic Data

he dollar held near two-week highs against the yen and the euro on Tuesday, as investors awaited a series of US economic data that will influence the size of an expected rate cut.

The dollar index, which measures the greenback against six major curre…

Japanese Stocks Closes Mixed at End of Trading

– Japanese stocks were mixed at the close of trading Tuesday, with the yen value turning higher amid expectations that the US monetary tightening cycle is nearing an end, and that the Bank of Japan will continue to raise interest rates.

The Tokyo Sto…