Showing 1 - 10 of 32
Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say
Reuters, Published on 01/03/2026
» LONDON: Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after U.S. and Israeli strikes on Iran plunged the Middle East into a new war.
Asian currencies surge on weaker dollar, oil falls
Bloomberg, Published on 05/05/2025
» Asian currencies advanced amid broad weakness in the dollar and US assets as investors awaited further progress on trade deals. Crude oil slumped 3.6% after OPEC+ agreed to a further surge in output.
Thai baht’s gold-fuelled rally is now at risk, strategists say
Bloomberg, Published on 11/03/2025
» Thailand’s currency has received a boost this year from a rally in gold prices. But strategists warn that won’t be enough to protect it as tariff risks and interest-rate cuts start to bite.
Dollar rises with crypto as markets turn in favour of Trump victory
Reuters, Published on 15/07/2024
» SINGAPORE - The dollar rose broadly on Monday and cryptocurrencies jumped as trades for a victory by Donald Trump in the upcoming US elections gathered steam in the wake of an attempted assassination of the former US President.
Gucci’s China shock reverberates across luxury landscape
Bloomberg, Published on 24/03/2024
» Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci.
Baht seen extending losses after dismal start to 2024
Bloomberg, Published on 29/01/2024
» Thailand’s baht is set for its worst January since 2020 with a loss of nearly 4% versus the dollar, and heavy outflows signal more pain ahead for the currency.
Baht at 7-month low on political uncertainty
Reuters, Published on 28/06/2023
» The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.
‘Decade of emerging markets’ may be about to regain traction
Bloomberg, Published on 12/06/2023
» Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved Wall Street’s early 2023 optimism to be misplaced.
Oil surges as speculation Opec+ will cut production intensifies
Bloomberg News, Published on 29/11/2022
» SINGAPORE: Oil extended a rebound from the lowest level in almost a year on speculation that the Organization of Petroleum Exporting Countries (Opec) and its allies will deepen supply cuts to respond to weakening global demand.
Yen slides to 24-year low against dollar
AFP, Published on 13/06/2022
» TOKYO - The yen plunged to its lowest level against the dollar since 1998 on Monday as sky-high US inflation fuels a widening monetary policy gap between Japan and the world's largest economy.