Category: Industry

Hyundai Motor Group posts robust EV sales in Germany

Seoul, South Korea’s Hyundai Motor Group reported robust electric vehicle sales results in Germany from June to August despite slowing EV demand, a global market research firm said Tuesday.

Hyundai Motor Co. and its smaller affiliate Kia Corp. ranke…

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Oil Extends Gains on US Output Concerns

Oil prices extended gains on Tuesday as the market eyed US output concerns in the aftermath of Hurricane Francine and expectations of lower US crude stockpiles.

Brent crude futures for November rose 16 cents, or 0.2% at $72.91 a barrel at 0120 GMT. U…

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Gold Hovers near Record High ahead of Fed Rate Verdict

Gold prices hovered near a record high on Tuesday, ahead of the anticipated start of the US interest rate reduction cycle, which could see policymakers deliver an outsized cut.

Spot gold was steady at $2,581.68 per ounce. Bullion rose to a record hig…

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