Oil extends slide from 7% slump the day before as outlook darkens
Oil slipped again on Wednesday, extending losses from a 7 percent plunge the previous session as surging supply and…
Browsing Tag
Slump
Asian stocks fall amid renewed slide in Turkish lira
Asian stocks slid on Monday as investor sentiment took a hit amid the renewed slump in the Turkish lira.
Oil prices hit fresh highs as market tightens
Oil prices on Thursday hit fresh two-and-a-half year highs and were at levels last seen at the start of the…
European shares close after recovering the day’s losses; Steinhoff tanks 63%
European markets closed lower by a small margin Wednesday afternoon as investors reacted to a slump in global…
Oil prices rise from one-month lows after OPEC approves strategy
Oil prices edged higher from one-month lows in early trading in Asia on Tuesday after OPEC agreed on a long-term…
Asia stocks settle near one-year highs on Japan stimulus
Asian stocks settled near one-year highs on Wednesday while the safe-haven yen slumped after Japan's government…
Abu Dhabi eyes merger of sovereign funds Mubadala and IPIC
Abu Dhabi plans to merge two of its largest sovereign investments funds as the sheikhdom pursues consolidation in…
Asian markets mostly lower, BHP down 9.4%
Asian markets joined the slump in global equities on Wednesday, as the U.S. dollar strengthened and oil prices lost…
Yen soars, stocks slump as BOJ holds policy, pushes back inflation target
The Bank of Japan held off from expanding monetary stimulus on Thursday, defying market expectations for action…
Barclays Q1 profit falls 33% as investment banking slowdown bites
Barclays (BARC.L) reported a worse than expected 33 percent slump in pretax profits for the first three months of…
Asian shares slump as Yellen speech awaited
Asian shares struggled to find their footing on Tuesday and the dollar clawed back ground lost after downbeat U.S.…
U.S. oil falls after big jump in stockpiles
Oil prices fell in Asian trading on Thursday, adding to a slump in the previous session, after U.S. stockpiles rose…
Saudi job creation dries up as oil price slump hits broader economy
Saudi Arabia's plans for economic reform foresee winding down 'jobs for life' in an inefficient state bureaucracy…
Indonesia export, import slump deepens; central bank may cut rates
Indonesia posted a small trade surplus in January, confounding expectations for a third monthly deficit, due…
Global stocks fall after U.S. jobs report muddles Fed outlook
Global stock markets slumped and the U.S. dollar rallied on Friday after a key U.S. jobs report painted a mixed…
BP shrinks further to weather extended oil slump
BP announced on Tuesday a third round of spending cuts and more asset sales in the coming years to tackle an…
Oil Prices Remain Low on Equity Market Rout, Commodity Slump
Oil prices struggled to recover in Asian trade Tuesday, after falling sharply overnight due to bearish sentiment…
Asia stocks slump as China falls gather pace, yen rallies
Asian stocks slumped to 3-year lows on Monday as a slide in Chinese equities gathered pace, hastening an exodus…
Dubai Stocks Lead Mideast Slump as Qatar Extends Retreat on FIFA
Dubai stocks led declines across most Middle East equity markets as investors took advantage of a four-day rally to…
Asian Shares Slump As Oil Gloom Deepens, Euro Falters
Asian shares slumped on Tuesday as sliding oil prices and political uncertainty in Greece forced investors out of…
Europe Stocks Slump With Fed, Growth In Focus
European stock markets slumped on Thursday, tracking sharp losses in Asia and the U.S., after the World Bank cut…