Tag: cent
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Japan benchmark bond yield extends rise after hitting 30-year high
TOKYO, July 9 : The benchmark 10-year Japanese government bond yield hit a 30-year high on Thursday, driven by concerns over inflation from renewed tensions in the Middle East and Japan’s fiscal health, while a five-year JGB auction was relatively firm as expected.The 10-year JGB yield rose 3.5 basis points t
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Oil surges, stocks slide as Trump says Iran ceasefire over
US President Donald Trump said the US-Iran ceasefire was “over”, sending oil prices higher amid fears of supply disruptions.
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Oil hits multi-week high, Wall Street slips as Iran tensions reignite
WASHINGTON, July 8 : Stocks were mostly lower and oil prices rose on Wednesday after U.S. President Donald Trump said the interim peace deal with Iran was “over” and the U.S. announced fresh military strikes.Oil prices settled nearly 5 per cent higher as tensions reignited in the Middle East and worries mount
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Oil back at US$80, stocks slide as Trump says Iran ceasefire over
LONDON: Oil prices briefly soared back above US$80 per barrel while stock markets slid Wednesday (Jul 8) after US President Donald Trump said the ceasefire with Iran was over, followi
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Dollar slips after touching one-week high as Iran deal in question
NEW YORK, July 8 : The U.S. dollar edged lower after reaching its highest level in about a week on Wednesday after U.S. President Donald Trump said an interim memorandum of understanding signed with Iran to end their conflict was “over”, while investors awaited Federal Reserve meeting minutes later in the day.
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Palm up over 1%, hitting 2-week high on rival oil, crude oil strength
KUALA LUMPUR, July 8 : Malaysian palm oil futures surged more than 1 per cent on Wednesday, hitting a two-week high, as stronger rival edible oils supported the market and as crude oil prices rose on fresh U.S.-Iran tensions.The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivati
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Korean chip stocks flip to losses on lingering AI, memory pricing concerns
SEOUL, July 8 : Shares of South Korean chipmakers Samsung Electronics and SK Hynix reversed early gains to fall sharply on Wednesday, amid lingering concerns over slowing memory price growth and whether earnings have peaked.Samsung slid as much as 7.6 per cent and SK Hynix dropped as much as 5.2 per cent in a
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Palm rises on stronger rivals, crude oil
KUALA LUMPUR, July 8 : Malaysian palm oil futures climbed on Wednesday, tracking gains in rival edible oils and as crude oil prices rose on fresh U.S.-Iran tensions.The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 21 ringgit, or 0.46 per cent, to 4,568
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