Oil prices edged higher on Friday amid concerns over global supplies.
Brent crude futures for October delivery expire on Friday rose 23 cents, or 0.3%, to $80.17 a barrel.
The West Texas Intermediate for October delivery gained 20 cents, or 0.2%, to…
South Korea’s SK hynix, the world’s second-largest memory chip maker, said Thursday it has developed the world’s first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology.
According to SK hynix, the new product …
Tokyo stocks closed mixed on Monday.
The Nikkei 225 index fell 0.02 percent to 38,362.53 points after falling 1.12 percent earlier in the day, while the broader Topix index rose 0.03 percent.
Source: Qatar News Agency
Oil prices edged up on Thursday after two sessions of losses, with a smaller-than-expected draw in US crude inventories that sapped demand expectations.
Brent crude futures climbed 9 cents, or 0.11%, to stand at $78.74 a barrel, while US West Texas I…
Tokyo stocks closed mixed on Monday.
The Nikkei 225 index fell 0.02 percent to 38,362.53 points after falling 1.12 percent earlier in the day, while the broader Topix index rose 0.03 percent.
Source: Qatar News Agency
Gold prices edged up on Thursday, aided by a weaker dollar and hopes of a Federal Reserve interest rate cut, while focus turned to a key US inflation print.
Spot gold was up 0.5% to $2,513.77 per ounce, while US gold futures rose 0.4% to $2,546.80.
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The US Energy Information Administration announced Wednesday that crude oil and gasoline inventories in the United States fell last week.
The administration, which is the statistical arm of the US Department of Energy, said in a statement that crude …
The US dollar failed to sustain its bounce in the run up to a key US inflation reading at the end of the week.
In the broader market, the dollar was struggling to find a floor, after having risen 0.48% in the previous session.
The dollar index was l…