U.S. oil refiners expect strong first-quarter earnings as margins to sell gasoline and diesel strengthened due to a steep dropoff in refining capacity and crude oil supplies tightened because of Russia's war with Ukraine.
Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia's surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia's invasion of Ukraine.
Japan's government will spend $48 billion to fund subsidies and other relief measures to cushion the economic blow from rising fuel and raw material prices, a document obtained by Reuters showed on Monday.
Japan's government will spend $48 billion to fund subsidies and other measures aimed at cushioning the economic blow from rising fuel and raw material prices caused by the war in Ukraine, a document obtained by Reuters showed on Monday.
A wave of COVID-19 lockdowns in Shanghai presents the biggest test yet for investors, trading companies and logistics managers trying to follow China's economy after the government restricted firms from releasing real-time data.
Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund (IMF) programme, the country's Finance Minister, Miftah Ismail, said on Monday.
Gold prices dipped on Monday to their lowest in more than two weeks, as bets for an increasingly aggressive and hawkish U.S.
Gold prices fell on Monday to their lowest in four weeks, as bets for an increasingly aggressive and hawkish U.S.
Gold prices slipped to their lowest in four weeks on Monday as prospects of aggressive policy tightening by the U.S.
Palladium prices fell nearly 13% on Monday as China's COVID-led lockdowns soured the demand outlook for the autocatalyst, while looming U.S.
Palladium prices fell nearly 13% on Monday as China's COVID-led lockdowns soured the demand outlook for the autocatalyst, while looming U.S.
Asian stocks had their worst session in a month and a half on Monday as fears grew that Beijing was on the verge of joining Shanghai in lockdowns, while the dollar rose to a two-year high on the prospect of slower growth and higher interest rates.
Traders ditched riskier assets on Monday as relief over Emmanuel Macron's French presidential election win quickly gave way to renewed concerns about the global economy and the impact on it of rising interest rates.
Traders ditched riskier assets on Monday as relief over Emmanuel Macron's victory in the French presidential election quickly gave way to renewed concerns about rising global interest rates and China's spluttering economy.
Traders ditched riskier assets on Monday as relief over Emmanuel Macron's victory in the French presidential election quickly gave way to renewed concerns about rising global interest rates and China's spluttering economy.
Wall Street shares were mixed, European stocks slid to a one-month low and commodity prices dropped on Monday on renewed concerns about rising global interest rates and China's spluttering economy.
Oil prices extended losses on Monday amid persistent worries that prolonged COVID-19 lockdowns in Shanghai and potential U.S.
Oil slumped almost 6% to its lowest in almost two weeks on Monday, extending last week's decline as concern grew that prolonged COVID-19 lockdowns in Shanghai and potential increases in U.S.
Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in U.S.
Oil slumped about 4% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in U.S.
The euro gained a fraction in early trade on Monday following French President Emmanuel Macron's comfortable Sunday defeat of far-right rival Marine Le Pen, the outcome largely expected by markets and political analysts.
The U.S. dollar struck a two-year high on Monday as a wave of risk aversion hit global markets, while the Chinese yuan was set for its biggest three-day losing streak in nearly four years on growing worries of an economic slowdown in China.
The U.S. dollar scaled two-year peaks, as a wave of risk aversion hit global markets, while the Chinese yuan posted its largest three-day losing streak in nearly four years on growing worries of an economic slowdown in the world's second-largest economy.
European markets will breath a collective sigh of relief on Monday as pro-EU centrist Emmanuel Macron looked set to win a second term as France's president, beating rival far-right candidate Marine Le Pen.
The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.
Workers at a Panasonic auto parts plant in northern Mexico elected an independent union this week, marking another defeat for one of the country's biggest labor organizations as Mexico seeks to strengthen worker rights in line with a new trade deal.
Indonesian Finance Minister Sri Mulyani Indrawati on Friday joined a growing chorus of officials calling for reforms aimed at better equipping the World Bank to address mounting global challenges such as climate change and the changing nature of its clients.
U.S. Postmaster General Louis DeJoy says the agency is dealing with significant inflation costs as it works to stem losses, acknowledging higher costs will put further pressure on stamp prices.
Energy prices that have soared since Russia's war in Ukraine are a "major concern" for South Africa's economy, Finance Minister Enoch Godongwana said on Friday, while it was too soon to quantify the full impact of last week's devastating floods.
Amsterdam Trade Bank (ATB), a subsidiary of Russia's Alfa Bank, has been declared bankrupt, the Dutch central bank (DNB) said on Friday, citing an Amsterdam District Court Ruling.
