Trends - Asian trade - Business Recorder

Markets

Oil tumbles nearly 8% as China retaliates with tariffs on US

Brent futures down $5.55, or 7.9%, to $64.59 a barrel

Updated 04 Apr, 2025 08:46pm

Markets

Oil slides on rising US stockpiles, strong dollar

LONDON: Oil prices fell on Wednesday as industry data showed a rise in crude and fuel inventories in the U.S. and as...

Updated 08 May, 2024 05:01pm

Markets

Tokyo shares extend record gains

TOKYO: Tokyo stocks built on recent gains Monday after Wall Street hit fresh all-time highs and Japan’s benchmark...

Published 27 Feb, 2024 03:06am

Markets

Oil rises on Kurdistan export halt and banking optimism

LONDON: Oil prices rose on Monday after a halt to oil exports from Iraqi Kurdistan via Turkey and moves to contain a...

Updated 27 Mar, 2023 07:52pm

Markets

Global bank stock rout deepens as SVB collapse fans crisis fears

Shockwaves from the collapse of Silicon Valley Bank further pounded global bank stocks on Tuesday as assurances from...

Published 14 Mar, 2023 11:20am

Markets

VLSFO cash differential rebounds on spot trade

SINGAPORE: Asia’s cash differential for 0.5% very low sulphur fuel oil (VLSFO) rebounded on Monday as more spot...

Published 20 Dec, 2022 05:58am

Markets

Sterling dips after Truss resigns, fragile yen weakens past 150 level

SINGAPORE: Sterling edged lower on Friday as investors digested the news that British Prime Minister Liz Truss had...

Published 21 Oct, 2022 09:39am

Markets

Jet fuel refining margins hit record high

SINGAPORE: Asian refining profits for jet fuel surged to a record high on Wednesday on firmer travel demand....

Published 16 Jun, 2022 06:03am

Markets

Jet fuel cash premiums rise

SINGAPORE: Asia’s cash premiums for jet fuel climbed on Wednesday as traders expect the regional aviation market ...

Published 02 Jun, 2022 06:19am

Markets

Oil prices dip as Europe turns away from Russian oil, dollar soars

Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and Europe’s biggest economy Germany...

Updated 27 Apr, 2022 07:21pm

Markets

Asia Distillates: Gasoil cash premiums slip

SINGAPORE: Asia’s cash differentials for 10 ppm gasoil slipped on Thursday, hurt by lacklustre buying interests ...

Published 22 Apr, 2022 05:36am

Markets

Tokyo stocks open lower with eyes on US Fed's minutes

TOKYO: Tokyo stocks opened lower on Wednesday, extending US falls as investors awaited minutes from a US Federal...

Published 06 Apr, 2022 12:01pm

Markets

Asian markets follow Wall St down as traders eye Fed meeting

HONG KONG: Equities sank in Asian trade Monday following another painful sell-off on Wall Street, with investors'...

Published 24 Jan, 2022 11:19am

Markets

Tokyo shares close higher in new year trade

TOKYO: Tokyo stocks ended the first session of 2022 on an upbeat note Tuesday after US shares also advanced on their...

Published 05 Jan, 2022 05:36am

Markets

Asian markets get 2022 off to mixed start in thinned trade

HONG KONG: The new year got off to a mixed start on Monday in holiday-thinned Asian trade, following a healthy ...

Published 03 Jan, 2022 09:23am

Markets

Tokyo stocks open higher after strong US jobs data

TOKYO: Tokyo stocks opened higher on Monday following strong US jobs data that pushed Wall Street shares to new...

Published 08 Nov, 2021 10:13am

Markets

Asian markets drop as inflation, recovery return to focus

HONG KONG: Fears over rising inflation and pressure on central banks to tighten monetary policy sent markets lower ...

Published 28 Oct, 2021 09:46am

Markets

China's physical coal prices tell different story to futures: Russell

LAUNCESTON: China's coal futures have slumped about 35% from their recent record high, a move that looks dramatic ...

Published 26 Oct, 2021 11:00am

Markets

Tokyo stocks close higher ahead of US data

The dollar fetched 109.82 yen in Asian trade, against 109.78 yen in New York late Thursday

Published 06 Aug, 2021 12:04pm

Markets

Tokyo stocks open lower on US falls

The benchmark Nikkei 225 index was down 0.95 percent, or 266.40 points, at 27,703.82

Published 28 Jul, 2021 10:31am

Markets

Tokyo stocks open higher with eyes on US Fed

The dollar fetched 110.28 yen in early Asian trade, against 110.31 yen in New York late Monday

Published 27 Jul, 2021 10:13am

Markets

Oil prices extend gains after OPEC+ talks fail, most equities up

The breakdown of talks between OPEC and other key crude nations raised the possibility of $100 a barrel

Published 06 Jul, 2021 09:54am

Markets

Gold prices move up in Asia

SINGAPORE: Gold prices firmed in Asian trade on Wednesday after US Federal Reserve Chair Jerome Powell’s pledge to...

Published 24 Jun, 2021 03:36am

Markets

Asian markets mixed after inflation spooks traders ahead of Fed

Bank officials have consistently sought to assure markets that the expected surge in inflation will be temporary and monetary policy will be kept accommodative for as long as the economy needs it.

Published 16 Jun, 2021 10:17am

Markets

Tokyo stocks close higher

In Tokyo trading, Uniqlo casual wear operator Fast Retailing climbed 0.52 percent to 88,030 yen while Nintendo gained 1.10 percent to 67,490 yen.

Published 26 May, 2021 01:56pm

Markets

Asian markets mixed as inflation, recovery vie for attention

Iran has said discussions are moving in the right direction, while a US official said they were "positive and we saw meaningful progress".

Published 21 May, 2021 10:13am

Markets

Tokyo stocks open lower on virus worries

SoftBank Corp was up 0.10 percent at 1,431 yen while its parent SoftBank Group was off 0.25 percent at 10,015 yen.

Published 07 May, 2021 10:54am

Markets

Tokyo stocks open higher with eyes on earnings

In Tokyo, ANA Holdings was up 1.42 percent at 2,540.5 yen after the airline reported a smaller than expected fourth quarter operating loss.

Published 06 May, 2021 11:11am

Markets

Tokyo stocks open lower on virus worries

Other automakers were also lower, with Toyota trading down 1.38 percent at 8,302 yen, Honda off 1.71 percent at 3,218 yen and Nissan down 2.55 percent at 543 yen.

Published 21 Apr, 2021 10:57am

Markets

Tokyo stocks open lower in cautious trade

Hitachi was trading down 0.75 percent at 5,008 yen.

Published 08 Apr, 2021 09:49am