Tag: prices
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Oil prices jump as Hormuz, Red Sea crises deepen
Renewed strikes on shipping in the Gulf and the Red Sea have dealt a fresh double blow to global oil markets. As prices climb once again, DW examines what else could keep them elevated.
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Oil prices hit $100 for the first time since May
The price of Brent crude rose more than 5% on Thursday as the war in the Middle East continues to escalate.
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Traders see September rate hike as European Central Bank mulls energy price spike
ECB president Christine Lagarde said the bank anticipates inflation to remain “well above target” until the first half of 2027.
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Ride-hailing platforms extend temporary fuel surcharge on rides until Sep 30
Fuel prices in Singapore have remained elevated since the war on Iran started in late February.
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US-Iran tensions underpin dollar as yen nears 40-year low
TOKYO, July 23 : The dollar largely stabilised on Thursday as renewed U.S.-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency, while the yen languished near a 40-year low with little sign of a turnaround.The dollar index, which measures the greenback against a basket of cu
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Kevin Warsh has homed in on three key phrases. How Fed watchers interpret them
In five public appearances, Warsh has used the phrase “family fight” 13 times, returning to “first principles” 11 times and “inflation is a choice” for the Fed six times.
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Samsung unveils wider foldable phone, hikes prices as chip costs rise
SEOUL, July 22 : Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples with rising memory chip prices while bracing for a new threat from Apple in the niche but growing segment.The South Korean technology company pioneered fo
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Oil prices jump 4% as Rubio says Iran ‘not serious’ about peace talks
Oil prices rose as hopes for a ceasefire in the Middle East faded.
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Morgan Stanley lists three reasons for the booming credit growth in Asia
Bank credit still remains the most significant source of macro funding by far in Asia.
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Dollar wavers as markets grapple with Gulf tensions
(Refiles to fix typo of wavers in headline)By Jiaxing LiHONG KONG, July 21 : The U.S. dollar hovered near a one-week high on Tuesday, with markets torn between conflicting Middle East signals, as hostilities in the region stoked renewed fears over energy supplies while hopes for a ceasefire offered so
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