Economy

In May, China saw a continued increase in crude stock builds, despite a decline in seaborne imports.Stockpiling rate exceeded 1 million barrels per day in May for the second-consecutive month,…

Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry. The costs associated with chartering tankers to transport oil from the Middle East to Asia have…

The USD/JPY exchange rate could be on the verge of a big move after forming a symmetrical triangle ahead of the Federal Reserve and Bank of Japan (BoJ) interest rate…

During the last two major crypto market booms in 2017 and 2021, stablecoins have been just a footnote. But now, they’re on the agenda at Amazon and Walmart board meetings. They…

Air India’s long-awaited turnaround, spearheaded by the Tata Group, has encountered a serious setback after the fatal crash of AI171 on Thursday that killed all but one of the 242…

The relationship between tech billionaire Elon Musk and President Donald Trump took a contentious twist, casting uncertainty over SpaceX’s involvement in a critical US missile defense initiative known as the…

Brazil’s service sector grew for the third straight month in April, fueled in part by strong transport demand associated with Lady Gaga’s giant concert in Rio de Janeiro, the national…

Travel and leisure stocks bore the brunt of investor anxiety on Friday after Israel launched airstrikes on Iranian targets, stoking fears of an escalating conflict in the Middle East. The…

There is a considerable amount of uncertainty in the base metals market surrounding the implication of the trade deal between the US and China. Base metal prices reacted unevenly to the…