Oil Nudges Higher after RussiaUkraine Tensions Escalate

SINGAPORE, Nov 18 Reuters Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world39;s secondlargest consumer, and forecasts of a global oil surplus weighed on markets. Brent crude futures gained 18 cents, or 0.3, to 71.22 a barrel by 0713 […]
Read More

Strong US Data Feeds Doubts about Fed December Rate Cut

Strong data may slow policy path Investors trim odds for a December cut Fed39;s Goolsbee sees 125 bps of rate cuts through 2025 Several Fed policymakers lean into slower ratecut pace WASHINGTON, Reuters Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest […]
Read More

Ant Groups Quarterly Profit nearly Triples

SHANGHAI, Nov 15 Reuters China39;s Ant Group reported a 192.9 rise in net profit to 7.59 billion yuan 1.05 billion in the three months to March 31, according to Reuters calculations based on Alibaba Group Holdings39; earnings released on Friday. The ecommerce giant reports profit from Ant one quarter in arrears. The near tripling of Ant […]
Read More