International

Dubai Weather: Heavy Rainfall 0
- International, News
- May 2, 2024
Dubai, the desert metropolis known for its scorching sunshine and sprawling luxury developments, woke up to a different scene today – heavy rainfall and strong winds. This unexpected Dubai weather, while causing some disruptions, has also brought a sense of relief to the region. A Rare Downpour The National Centre of Meteorology (NCM) issued an
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At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War 0
- Uncategorized
- February 24, 2023
U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in atrocities in Russia’s invasion of Ukraine, while host India avoided mentioning the year-long war in inaugural remarks. Indian Prime Minister Narendra Modi urged the financial leaders to focus on the world’s “most vulnerable citizens”, making no direct
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Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery 0
- Market
- February 6, 2023
Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s call that China will push global crude demand to record highs
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Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets 0
- Economy
- January 19, 2023
Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The yen was the best-performing Asian currency for the day, rising 0.5% to
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Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High 0
- Economy
- January 9, 2023
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes of a less hawkish rhetoric from the Federal Reserve also weighed on the dollar and supported regional units. The yuan jumped 0.7% to 6.7912 against the dollar, its strongest level since
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Early trade saw oil prices rise on expectations of a revival in Chinese demand 0
- Market
- May 18, 2022
In early Asian trade on Wednesday, oil prices jumped more than $1 a barrel on optimism of a revival in demand in China as the country gradually eases some of its harsh COVID-19 containment restrictions. At 0042 GMT, Brent crude futures were up $1.15, or 1.0 percent, at $113.08 a barrel, while West Texas Intermediate
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