Business

Goldman raises Q4 oil price outlook on lower OECD stocks

Monday, February 23 by SRN News

Feb 23 (Reuters) - Goldman Sachs raised its Brent and West Texas Intermediate crude forecasts for the fourth quarter of 2026 by $6 to $60 and $56 respectively, citing lower OECD stocks, even as it continued to assume no Iran-related supply disruption and maintained... Read More.

Saudi Aramco sells first Jafurah condensate cargoes to US firms, India, sources say

Monday, February 23 by SRN News

By Florence Tan and Siyi Liu SINGAPORE, Feb 23 (Reuters) - State energy major Saudi Aramco has sold several cargoes of ultra light crude oil from its $100 billion Jafurah gas plant to U.S. majors and an Indian refiner as it prepares to export its... Read More.

From dabblers to day traders, small investors’ impact on Wall Street grows even in volatile market

Monday, February 23 by SRN News

LOS ANGELES (AP) - For years, retail investors were dismissed by some on Wall Street as "dumb money." That typically referred to those prone to trading on hype, or chasing trends rather than company or industry fundamentals, or responding late to big market moves. That's no... Read More.

Supreme Court decision against Trump’s tariffs raises uncertainty, but markets stay calm

Monday, February 23 by SRN News

BANGKOK (AP) - The Supreme Court's ruling against U.S. President Donald Trump's tariffs has countries like China and South Korea watching for Washington's next steps, while financial markets took the news in stride. The decision announced Friday could potentially disrupt arrangements worked out in trade... Read More.

BOJ may raise rates in March if yen resumes slide, says ex-policymaker

Monday, February 23 by SRN News

By Leika Kihara TOKYO, Feb 23 (Reuters) - The Bank of Japan may raise interest rates as soon as March if the yen renews its slide ahead of a U.S.-Japan summit expected to be held during the month, former central bank board member Makoto Sakurai... Read More.

US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffs

Monday, February 23 by SRN News

BANGKOK (AP) - U.S. futures fell and most Asian markets climbed Monday after the Supreme Court struck down most of President Donald Trump's sweeping tariffs. Tokyo's markets were closed for a holiday. Hong Kong led regional gains as its Hang Seng index surged 2.2% to... Read More.

Oil slides as US tariff hike raise jitters over global economy

Monday, February 23 by SRN News

SINGAPORE, Feb 23 (Reuters) - Oil prices slipped on Monday after President Donald Trump said he would raise U.S. tariffs on global imports, creating uncertainty for world economic growth and fuel consumption. Brent crude futures slid 45 cents, or 0.63%, to $71.31 a barrel by... Read More.

Dollar dips as Trump’s tariff wall slips

Monday, February 23 by SRN News

By Tom Westbrook SINGAPORE, Feb 23 (Reuters) - The dollar fell on Monday as traders took the U.S. Supreme Court's decision to strike down most of President Donald Trump's tariffs as supportive for global growth, though confusion and risk of conflict in the Middle East... Read More.

Asia shares hesitant, dollar slips amid tariff confusion

Monday, February 23 by SRN News

By Wayne Cole SYDNEY, Feb 23 (Reuters) - Share markets were hesitant and the dollar slid in Asia on Monday as investors waited for some much-needed clarity on U.S. tariffs, while confidence in the entire AI trade was set to be tested by results from... Read More.

EU says US must honor a trade deal after court blocks Trump tariffs

Sunday, February 22 by SRN News

BRUSSELS (AP) - The European Union's executive arm requested "full clarity" from the United States and asked its trade partner to fulfill its commitments after the U.S. Supreme Court struck down some of President Donald Trump's most sweeping tariffs. Trump has lashed out at the... Read More.

Current Weather

Goldman raises Q4 oil price outlook on lower OECD stocks

Saudi Aramco sells first Jafurah condensate cargoes to US firms, India, sources say

From dabblers to day traders, small investors’ impact on Wall Street grows even in volatile market

Supreme Court decision against Trump’s tariffs raises uncertainty, but markets stay calm

BOJ may raise rates in March if yen resumes slide, says ex-policymaker

US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffs

Oil slides as US tariff hike raise jitters over global economy

Dollar dips as Trump’s tariff wall slips

Asia shares hesitant, dollar slips amid tariff confusion

EU says US must honor a trade deal after court blocks Trump tariffs

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