Action in the Asia-Pacific fell to trading Monday morning as developments on the coronavirus pandemic continue by investors. Hong Kong’s Hang Seng Index led gains regionally as it jumped 1.43% in early trading. Chinese parts of the mainland were mixed. The composition of Shanghai was slightly higher, while the Shenzhen …
Read More »coronavirus stimulants, faluta and oil
Asia-Pacific markets were mixed in early trading Friday as investors remained cautious after U.S. lawmakers were unable to move forward with a coronavirus ballot. Australia’s ASX 200 rose 0.24% immediately after the market opened, with the underweight with heavily weighted financials up 0.75%. Shares of major banks in the country …
Read More »IEA sees lower demand in 2020, 2021, over stagnant mobility
An Eastar Jet Inc. aircraft, front and Jeju Air Co. aircraft will land on Wednesday, August 12, 2020 at the intestinal surface at Incheon International Airport in Incheon, South Korea. SeongJoon Cho | Bloomberg via Getty Images The International Energy Agency on Thursday lowered its global oil demand forecasts several …
Read More »Aramco’s Saudi demand, Iraq’s exports cut into focus
Sunset oil pumps, industrial oil pumping equipment Pramote Polyamate Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, though uncertainty over a deal to boost the U.S. economy’s economic recovery limited gains. US West Texas Intermediate (WTI) crude …
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