Market News: Get Latest Share & Stock Market News and Updates

Global Food Inflation Set to Soar as India Bans Rice Export

India is a key player in the global grains market, and accounts for a whopping 40 percent of the global rice trade.

Jul 25, 2023

By Jacob J

What is 'Magnificent 7'? Worth of Seven Top Gun Stocks Zoom 60% to Hit Whopping $11 Trillion

The companies that lead the AI stock rally are Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Nvidia and Tesla.

Jul 10, 2023

By Jacob J

Artificial intelligence

Saudi Arabia, Russia Extend Oil Output Cuts to Boost Prices Amid Falling Demand

Monday's decision to enforce more cuts in August propped up crude oil prices.

Jul 4, 2023

By Jacob J

Singapore joins IEA as SE Asia oil demand set to rise 80% by 2040

Opec Says Global Oil Demand Will Soar 23% by 2045 Despite the Rise of EV Industry

The Organization of the Petroleum Exporting Countries (OPEC) said on Monday that global oil demand is expected to zoom 23 percent by 2045 even as the global economy doubles in size.

Jun 27, 2023

By Jacob J

Oil Prices Rise as Concerns Over Russian Instability Roils Markets

Brent crude futures rose 95 cents, or 1.3%, to $74.80 a barrel by 2300 GMT on Sunday. U.S. West Texas Intermediate (WTI) crude was at $70.04 a barrel, up 88 cents, or 1.3%.

Jun 26, 2023

By Reuters

Oil Plunges 4% as Interest Rate Hikes Outweigh Lower US Oil Supplies

Brent futures settled down $2.98, or 3.9%, to $74.14 a barrel. U.S. West Texas Intermediate (WTI) crude futures were down $3.02, or 4.2%, at $69.51.

Jun 23, 2023

By Reuters

Will oil price stay higher after Opec-Russia output reduction?

Cracks Within Oil Cartel after Saudi Arabia Cuts Crude Output Further; Opec+ 'Hanging by a Thread'

Following the Saudi output cuts, US crude oil prices rose 2.4 percent to $73.47 per barrel and the Brent crude futures advanced 3 percent to $79 per barrel.

Jun 6, 2023

By Jacob J

OPEC+ Begins Meetings That May Agree Further Output Cuts

OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude.

Jun 3, 2023

By Reuters

ExxonMobil Signals Massive Boost in its Shale Oil Output from Permian Basin

Exxon Mobil Chief Executive Darren Woods clarified that the company aims to double the amount of oil produced from the shale holdings.

Jun 2, 2023

By Jacob J

AI-Linked Stocks Add $300 Billion on US Market; Nvidia Becomes Fifth-Most Valuable Company

While Nvidia made the most gains, chipmaker AMD rose more than 10 percent. Microsoft and Alphabet also edged higher by 2 percent.

May 25, 2023

By Jacob J

Artificial intelligence

After ChatGPT Launch, AI Gave Massive Boost to US Stock Market - Report

The US stock rally this year was mainly driven by optimism that AI technologies will increase the profitability of corporates in the coming years.

May 20, 2023

By Jacob J

Stocks of Chinese Companies Lose $540 Billion Over Economic Uncertainty and Geopolitical Tension

On Wednesday, the yuan sank below 7 to the US dollar in offshore trading, breached that key level for the first time this year.

May 20, 2023

By IANS

China's Forex Reserves Swell to $3.2 Trillion; Why is Beijing Keeping Huge Currency War Chest?

China's foreign exchange reserves have been rising steadily since 1997, from 15 percent of the gross domestic product around that time to more than 40 percent currently.

May 8, 2023

By Jacob J

Chinese Yuan Posts Major Win Against US Dollar; Overtakes Greenback in China Cross-Border Trade

Yuan was used for cross-border payments and receipts worth $550 billion in March, rising from $434.5 billion a month earlier.

Apr 26, 2023

By Jacob J

End of US Dollar Dominance Near? Greenback's Share of Global Reserves Declining at Fast Pace

Around 2001, the US dollar 73 percent of the global reserves were held in the US dollar. However, at present this has shrunk to 58 percent.

Apr 19, 2023

By Jacob J

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A Democratic vs a Totalitarian State

By IBTimes SG Desk

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Market News: Get Latest Share & Stock Market News and Updates

Global Food Inflation Set to Soar as India Bans Rice Export

What is 'Magnificent 7'? Worth of Seven Top Gun Stocks Zoom 60% to Hit Whopping $11 Trillion

Saudi Arabia, Russia Extend Oil Output Cuts to Boost Prices Amid Falling Demand

Opec Says Global Oil Demand Will Soar 23% by 2045 Despite the Rise of EV Industry

Oil Prices Rise as Concerns Over Russian Instability Roils Markets

Oil Plunges 4% as Interest Rate Hikes Outweigh Lower US Oil Supplies

Cracks Within Oil Cartel after Saudi Arabia Cuts Crude Output Further; Opec+ 'Hanging by a Thread'

OPEC+ Begins Meetings That May Agree Further Output Cuts

ExxonMobil Signals Massive Boost in its Shale Oil Output from Permian Basin

AI-Linked Stocks Add $300 Billion on US Market; Nvidia Becomes Fifth-Most Valuable Company

After ChatGPT Launch, AI Gave Massive Boost to US Stock Market - Report

Stocks of Chinese Companies Lose $540 Billion Over Economic Uncertainty and Geopolitical Tension

China's Forex Reserves Swell to $3.2 Trillion; Why is Beijing Keeping Huge Currency War Chest?

Chinese Yuan Posts Major Win Against US Dollar; Overtakes Greenback in China Cross-Border Trade

End of US Dollar Dominance Near? Greenback's Share of Global Reserves Declining at Fast Pace

A Democratic vs a Totalitarian State

A Democratic vs a Totalitarian State

Charting a Responsible Future: Malaysia's National Action Plan on Business and Human Rights 2025-2030

Charting a Responsible Future: Malaysia's National Action Plan on Business and Human Rights 2025-2030

India@75: Article-370 in J&K is History; Three Glorious Years Later, "Nothing" Has Changed

India@75: Article-370 in J&K is History; Three Glorious Years Later, "Nothing" Has Changed