Business

Explainer-What is the yen carry trade?

Wednesday, September 9 by SRN News

By Rocky Swift and Ankur Banerjee TOKYO, Sept 9 (Reuters) - With the recent surge in Japan's currency to a seven-month high, investors are wondering if this is the beginning of the end of the yen carry trade that has been a pillar of global... Read More.

Zara owner Inditex reports strong August trading amid heatwaves

Wednesday, September 9 by SRN News

By Helen Reid LONDON, Sept 9 (Reuters) - Zara owner Inditex reported a better-than-expected start to its autumn trading on Wednesday, with currency-adjusted sales up 9% in August, even as extreme heat across Europe reshapes shopping behaviour in its biggest market. The fast-fashion giant made €11... Read More.

Asian shares are mixed as Brent crude approaches $100 a barrel

Wednesday, September 9 by SRN News

TOKYO (AP) - Asian shares were mixed in cautious trading early Wednesday as investors watched for what might happen on interest rates and the war with Iran pushed oil prices higher. Japan's benchmark Nikkei 225 was nearly unchanged at 65,249.95, and South Korea's Kospi gained... Read More.

Morning Bid: $100 Brent in sight, yen defies gravity

Wednesday, September 9 by SRN News

A look at the day ahead in European and global markets from Kevin Buckland Brent crude has climbed to the cusp of $100 a barrel, a level last seen in late July, as fresh fighting in the Middle East fuels fears the conflict could spiral... Read More.

Apple to unveil latest iPhone lineup with as John Ternus steps up as CEO

Wednesday, September 9 by SRN News

Apple is unveiling its latest generation of iPhones, widely expected to include a foldable version, on Wednesday at an event headlined by new CEO John Ternus, who took over from Tim Cook on Sept. 1. Many of Apple's biggest rivals, such as Samsung, Motorola and... Read More.

Renoir paintings are worth a fortune, but not when they’re stolen

Wednesday, September 9 by SRN News

Two Renoir paintings stolen from a small French museum have yet to be recovered but if the thieves are hoping to cash in on the artwork, they would be hard-pressed to find a buyer. Selling well-known, stolen art is impossible to do at an auction... Read More.

Iran-backed fighters in Yemen and Iraq are joining forces to threaten the Gulf, officials say

Wednesday, September 9 by SRN News

CAIRO (AP) - In July, Saudi Arabia and the United States bombed Iran-backed militias in Iraq after blaming them for drone attacks on Saudi oil facilities that had been claimed by Yemen's Houthi rebels, another Iranian ally. Now, regional officials tell The Associated Press that... Read More.

Yen stands tall as dollar wobbles, oil’s run towards $100 chills sentiment

Tuesday, September 8 by SRN News

By Ankur Banerjee SINGAPORE, Sept 9 (Reuters) - The Japanese yen steadied near its strongest level since February on Wednesday, keeping the dollar on the defensive as traders grappled with oil prices pushing towards $100 per barrel in the face of a widening war in... Read More.

Oil heads for $100, Asia stocks subdued as Middle East tensions escalate

Tuesday, September 8 by SRN News

By Kevin Buckland TOKYO, Sept 9 (Reuters) - Brent crude rallied towards $100 per barrel on Wednesday, keeping the mood in Asian stock markets subdued, as attacks intensified in the Middle East, stoking inflation worries ahead of the release of closely watched U.S. consumer price... Read More.

Roll out the $100 barrel

Tuesday, September 8 by SRN News

By Jamie McGeever ORLANDO, Florida, Sept 8 (Reuters) - A mood of nervous caution hung over U.S. markets on Tuesday, as flaring hostilities in the Middle East pushed oil to a six-week high and Brent crude futures close to $100 a barrel, while the Japanese... Read More.

Current Weather

Explainer-What is the yen carry trade?

Zara owner Inditex reports strong August trading amid heatwaves

Asian shares are mixed as Brent crude approaches $100 a barrel

Morning Bid: $100 Brent in sight, yen defies gravity

Apple to unveil latest iPhone lineup with as John Ternus steps up as CEO

Renoir paintings are worth a fortune, but not when they’re stolen

Iran-backed fighters in Yemen and Iraq are joining forces to threaten the Gulf, officials say

Yen stands tall as dollar wobbles, oil’s run towards $100 chills sentiment

Oil heads for $100, Asia stocks subdued as Middle East tensions escalate

Roll out the $100 barrel

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