Oil Ticks Higher on US Stockpile Decline and Wider Risk-On Mood
Oil rose for a second day, buoyed by shrinking US stockpiles and a wider risk-on mood triggered by signs of ebbing US inflation.
Oil rose for a second day, buoyed by shrinking US stockpiles and a wider risk-on mood triggered by signs of ebbing US inflation.
Michael Burry’s investment firm doubled down on its bets on JD.com Inc and Alibaba Group Holding Ltd. in the first quarter as Chinese equities bottomed out.
It’s been four months since a liquefied natural gas tanker has passed through the narrow strait separating the Arabian Peninsula and Africa, testament to how violent attacks there have upended global energy trade.
Asian shares and currencies rose, following gains on Wall Street as the latest US inflation data reinforced bets for Federal Reserve policy easing.
The International Monetary Fund approved a new way for countries to channel reserve assets to multilateral development banks, part of a broader push to raise funds for challenges like climate resilience and poverty reduction.
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