Finance

Asia stocks scale new highs, dollar tentative as investors eye Fed cut

Asia stocks scale new highs, dollar tentative as investors eye Fed cut

By Rae Wee SINGAPORE (Reuters) -Asia stocks climbed on Tuesday while the dollar was on the back foot as investors bet the U.S. Federal Reserve would resume its easing cycle this week and potentia...

Read More
Gold Hits Fresh Record Ahead of Expected Rate Cut From Fed

Gold Hits Fresh Record Ahead of Expected Rate Cut From Fed

(Bloomberg) — Gold hit another fresh record, as investors bet on a Federal Reserve rate cut this week and weighed the scope for more monetary easing in coming months. Bullion on Tuesday sur...

Read More
Tencent Markets First Bond Sale Since 2021 With Dim Sum Notes

Tencent Markets First Bond Sale Since 2021 With Dim Sum Notes

(Bloomberg) — Tencent Holdings Ltd. began marketing its first bond sale in four years, joining a wave of borrowing among Chinese tech firms as competition intensifies in a quickening g...

Read More
Hogs Hold Gains into Monday’s Close

Hogs Hold Gains into Monday’s Close

Lean hog futures closed the Monday session with 7 to 40 cent gains across most contracts. USDA’s national base hog report from Monday afternoon was $1.693 higher to $105.87. The CME Lean Hog Inde...

Read More
Kyiv’s Long-Range Arsenal Grows, But What Does It Mean for Russian Oil?

Kyiv’s Long-Range Arsenal Grows, But What Does It Mean for Russian Oil?

Ukrainian drones struck one of Russia’s largest oil refineries on Sunday, igniting another oil price rally. The drones hit Russia’s Kirishi refinery in northwestern Leningrad region, intensifying...

Read More