July 11, 2024

Oil Prices Rise at US Market Close

Oil prices rose at settlement at the end of Wednesday’s trading, following the announcement of a decline in crude oil and gasoline inventories in the US last week.

Brent crude futures rose by 42 cents, or 0.5 percent, to reach $85.08 per barrel upon …

Nikkei Stock Index Ends Above 42,000 Mark for First Time

Tokyo’s stock indexes ended at fresh all-time highs on Thursday, with the Nikkei crossing 42,000 for the first time, boosted by buying of Apple Inc. suppliers and other technology issues, as well as optimism about corporate earnings.

The 225-issue Ni…

China’s NEV Output, Sales Register Fast Growth in H1

China’s production and sales of new energy vehicles (NEVs) continued to maintain rapid growth in the first six months (H1) of this year, with the NEV market share steadily increasing in the domestic market.

During the period, the production of NEVs r…

Sterling Rises Against Dollar to One-Month High

The pound sterling rose against the dollar Thursday, against the backdrop of receding expectations for an August rate cut from the Bank of England.

The dollar fell a touch although moves were largely subdued ahead of a US inflation report due later i…