South Korea's Kospi has staged a reversal from its latest rout, returning to bull-market territory. The benchmark has climbed more than 20% from its recent low, the commonly used threshold for a bull ...
Oman's coastline is reportedly being affected by a massive oil spill caused by a leaking tanker. Deadly attacks on vessels in the Gulf of Oman and the Red Sea have pushed worries over supply ...
The dollar's advance stalled on Thursday after an overall benign U.S. inflation reading overnight spurred traders to pare back bets for a near-term Federal Reserve interest rate hike. The greenback ...
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran ...
Trump officials may be considering a tax break for homeowners selling their primary residence in the lead up to the midterm ...
The July reading of the producer price index, which gauges what wholesalers pay for raw goods and materials, is set for release Thursday at 8:30 a.m. ET.
Gold steadied near a more than two-month high on Thursday as traders paused after a rally fueled by cooling U.S. inflation, with attention turning to an upcoming producer price report for clues to ...
KJ Hwang, Korea Defense Analyst at BOFA Global Research, says South Korea has a strong global presence in land defense systems that could fill gaps in Western military tech. However, he explains that ...
Richard Yetsenga, Group Chief Economist at ANZ, says the chances of an interest rate hike from the Federal Reserve have "diminished a lot" following softer-than-expected nonfarm payrolls and CPI data.
Richard Tang from Julius Baer favors China’s AI infrastructure and semiconductor sectors, backed by rising AI demand and low-cost power, while cautioning on traditional internet stocks amid a weaker ...
In a First On CNBC interview, Paul Tham, Group CFO of CapitaLand Investment, says the firm has benefited from short-term rates staying low and having most of its funding in the Singapore dollar. He ...
Manulife Investment Management's Nathan Thooft says that while people tend to think of AI as a cloud story, in reality it is a lot of infrastructure and goes beyond language models and semiconductors.