China-EU trade tensions ease as final pork duties fall below initial rates
China has announced a substantial reduction in tariffs on pork imports originating from the European Union, a move affecting imports…
Expectations of Bank of England rate cut rise as UK unemployment hits four-year high
UK unemployment rose in the three months through October as a softening labour market added to the Bank of England’s…
Peace talks, sanctions drive Brent crude below $60/bbl for the first time in 7 months
Brent oil prices fell below $60 per barrel on Tuesday, slipping more than 1.5% as hopes for a Russia-Ukraine peace…
Commodity wrap: oil plunges below $60 on peace deal hopes; bullion, base metals fall post US jobs data
Oil prices plunged with Brent falling below $60 per barrel on Tuesday for the first time in seven months. Prices…
US jobs report: payrolls rise 64,000 in November, unemployment hits 4.6%
US employers added 64,000 jobs in November, data released Tuesday by the US Bureau of Labor Statistics revealed, exceeding economists’…
Indonesian supply floods nickel market, while Chinese property crisis hits iron ore
The global nickel market is facing a sustained period of oversupply, according to one of the world’s largest nickel producers. …
US stocks plunge after November jobs report signals labor market cracks
US stocks edged lower on Tuesday as investors assessed the long-awaited November employment report. The S&P 500 slipped 0.1%, the…
Brazilian real holds steady as markets weigh Copom minutes and US jobs data
The Brazilian real was little changed against the US dollar on Tuesday as investors balanced local monetary policy signals with…
JPMorgan rolls out tokenized money-market fund on Ethereum: report
JPMorgan Chase has joined a growing group of traditional financial firms bringing blockchain technology to mainstream investment products, unveiling its…
McKinsey signals cost cuts as growth stalls despite centenary optimism
As McKinsey & Co. marked its 100th anniversary with fanfare in Chicago, the consulting firm’s leadership struck a confident public…