Archive of 4 April 2019

Stock markets tread water as investors eye US-China progress

LONDON: Global stock markets moved mostly sideways Thursday as optimism about China and the United States reaching a trade agreement was counteracted by nervous investors...

Pentagon says India debris expected to burn up in atmosphere

WASHINGTON: The Pentagon said on Thursday that it stood by Acting Defense Secretary Patrick Shanahan's assessment last week that debris from an Indian anti-satellite weapons...

Brent oil resumes climb, nears $70 as supply tightens

NEW YORK: Brent oil prices rose on Thursday, resuming their climb toward $70 per barrel as expectations of tight global supply outweighed pressure from rising...

Latam shares rise on boost from Brazil

Most Latin American stock markets rose on Thursday, as gains in index heavyweight Brazil boosted the regional benchmark even as global stocks edged lower after...

Powell gets the heat, but all Trump Fed appointees backed rate hikes

WASHINGTON: US President Donald Trump may feel he is "stuck" with Federal Reserve Chairman Jerome Powell, whom he has blasted for engineering four interest rate...

Fitch says risks to Argentina credits to persist economy-wide in 2019

Fitch said that risks to Argentina's credits across all economic sectors would continue in 2019 from challenging fiscal outlook, forex volatility among others. The ratings agency...

West Africa Crude-Buyers await Nigerian crude price drop, Angolan sells well

LONDON: Angolan crude continued to sell briskly, filling a gap in the market for medium-heavy grades, while a build-up of April and May cargoes for...

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