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Oil prices remained largely unchanged on Thursday as investors balanced robust winter fuel demand expectations against growing U.S. fuel inventories and broader macroeconomic concerns. By 1003 GMT, Brent crude futures were trading down 3 cents at $76.13 per barrel, while U.S. West Texas Intermediate (WTI) crude futures slipped 10 cents

Global Stocks Poised for Gains but Priced for Perfection, Warns Goldman Sachs As 2025 begins, global stock markets enjoy a favorable backdrop, but they now appear “priced for perfection,” according to Goldman Sachs, raising the likelihood of a potential correction. Analysts at Goldman Sachs noted in a January 9 report

Japan’s inflation-adjusted real wages fell for the fourth consecutive month in November, despite base pay rising at its fastest pace in over three decades, according to government data released on Thursday. The decline highlights the impact of rising prices on consumer purchasing power. The Bank of Japan has emphasized that

The union representing 45,000 dockworkers across the U.S. East and Gulf Coasts announced on Wednesday that it had reached a tentative six-year contract agreement with employers, averting further strikes that could have disrupted supply chains and impacted the U.S. economy. The International Longshoremen’s Association (ILA) and the United States Maritime

The US dollar strengthened on Wednesday, benefiting from rising bond yields following the release of robust economic data, while weaker German industrial orders put pressure on the euro. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against six major currencies, was up 0.3%, reaching 108.690. Dollar

European stocks inched higher on Wednesday, supported by strong performances in the healthcare and financial sectors, with attention on the global monetary policy outlook for the New Year. The pan-European STOXX 600 rose by 0.2% at 0821 GMT, approaching its highest level in three weeks. The financial services sector was

Oil prices rose on Wednesday as tightening supplies from Russia and OPEC members, coupled with unexpectedly strong U.S. jobs data, signaled expanding economic activity and higher oil demand. Brent crude gained 28 cents, or 0.36%, to $77.33 a barrel by 0415 GMT, while U.S. West Texas Intermediate crude increased by

Most Asian currencies edged lower on Wednesday as expectations of a slower pace of U.S. interest rate cuts lent strength to the dollar, while the Japanese yen remained steady following warnings of potential intervention from government officials. Regional markets were also weighed down by escalating trade tensions between the U.S.

Asian dollar bond issuance is projected to rise by approximately 20% in 2025 compared to the previous year, driven by a surge in Chinese debt deals and the prospect of U.S. interest rate cuts making dollar bonds more attractive than local currency debt for companies. In the opening days of

Southwest Airlines announced on Tuesday that it has finalized an agreement to sell and lease back 36 of its Boeing 737-800 aircraft through Babcock & Brown Aircraft Management. The airline successfully completed the sale and leaseback of 35 aircraft in late December, generating $871 million in proceeds. The lease agreements