Oil prices edged higher on Thursday as crude stocks fell after US refineries ramped up processing and as gasoline inventories eased, signalling stronger demand.
Brent futures rose 35 cents, or 0.4% to $85.43 a barrel. US West Texas Intermediate (WTI)…
South Korea’s central bank froze its key rate at 3.5 percent for the 12th straight session Thursday.
The Bank of Korea (BOK) has continued to stand pat following rate freezes since February last year after delivering seven consecutive rate hikes from…
New York: US stocks ended higher at the end of the trading session on Wednesday. The S and P 500 SPX gained 85.82 points, or 1.62%, to end at 5,373.58 points, while the Nasdaq Composite IXIC gained 398.42 points, or 2.50%, to 16,698.84.
According to…
Gold prices firmed for a third consecutive session on Thursday, with investors awaiting US inflation data due later in the day for more insights on the Federal Reserve’s interest rate path.
The spot gold price was up 0.2% at $2,375.70 per ounce. Gold…