Yen bets hit six-year high
Since the open interest for near-dated yen futures contracts reached a six-year high, traders have piled into…
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Fuel sales up in Singapore
Fuel sales at one of the busiest ports in the world are rising as a result of the Red Sea shipping crisis.
Oil falls early Thursday amid large US crude stockpiles
Oil prices fell on Thursday, following a greater-than-expected increase in U.S. crude inventories, which raised…
Global raw sugar prices very likely to see 20% hike in ‘24
Global raw sugar predicted to rise by almost 20 per cent annually in '24 as the global market shifts into a deficit…
IMF urges Zimbabwe to expedite currency reforms
The International Monetary Fund (IMF) after the completion of staff mission to Zimbabwe, has urged the country to…
EGX closes all green on Feb. 14
Egypt’s stock market closed in the green area on Wednesday. The main index, EGX30 jumped by 0.95 per cent, to…
Siemens Energy invests $150mln in new US transformer plant
Siemens Energy announced that it will put $150 million into a new power transformer factory in the U.S., the…
Ukraine to resume power export to neighbours – ministry
Ukraine is once again exporting large amounts of electricity to neighbouring countries, as the consumption is low…
Shell sees global LNG demand to rise by 50% in 2040
Shell is expecting the global demand for liquefied natural gas (LNG) t0 increase by more than 50 per cent in 2024,…
S. Africa’s rand strong ahead of upcoming retail data
S. Africa's rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1…