Dollar hovers near seven-week high after boost from euro selloff
TOKYO -- The dollar hovered near a Read More
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PMN Economy
Japanese shares gain on upbeat profit forecasts, tech boost
TOKYO -- Japanese shares rose on Monday, after two straight sessions of declines, boosted by upbeat earnings forecasts and gains in beaten-down chipmakers and other technology companies. Read More
Corn jumps 1%, hits fresh 6-year high on Chinese demand
CANBERRA -- U.S. corn futures rose more than 1% on Monday as strong Chinese demand pushed prices to a fresh six-year high. Read More
Asia shares try to rally, retail crowd catches silver bug
SYDNEY -- Asian shares tried to rally on Monday as Wall Street continued to struggle with doubts about vaccine rollouts and economic recovery, while silver surged as newly empowered retail investors turned speculative eyes to precious metals. Read More
Winn-Dixie operator Southeastern Grocers pulls IPO
NEW YORK -- Southeastern Grocers Inc , the operator of U.S. supermarket chains Winn-Dixie and Harveys, decided on Thursday to cancel its initial public offering, the second time in recent years that it pulled an IPO. Read More
Oil steady as supply cuts offset demand worries on stalled vaccine rollouts
MELBOURNE -- Oil prices were mixed on Friday as a pending supply cut by Saudi Arabia and lower U.S. oil stocks helped counter risks of slowing fuel demand due to stalled vaccine rollouts and contagious new coronavirus strains. Read More
Cathay Pacific raises $870 mln in convertible bonds to shore up liquidity, shares fall
Hong Kong's Cathay Pacific Airways Ltd said on Thursday it would issue HK$6.74 billion ($869.51 million) of convertible bonds to shore up liquidity, sending shares down as much as 9.4% in the worst daily decline in 12 years. Read More
Oil slips on tightening COVID-19 curbs, especially in China
MELBOURNE -- Oil prices slid in early trade on Thursday on fresh worries about weakened fuel demand, after England clamped down on travel and China, the world's second-largest oil consumer, also sought to limit Lunar New Year trips to stem a surge in COVID-19 cases.
Japan shares rise as IMF’s outlook lifts optimism for corporate earnings
TOKYO -- Japanese stocks gained on Wednesday as hopes rose for better corporate earnings after the International Monetary Fund raised its forecast for global growth, while shares of Nikko Denko raced to the top of the Nikkei on its revised earnings outlook. Read More
Corn hits 2-week high on China demand, Brazil rains support soybeans
HANOI -- Chicago corn futures rose to a two-week high on Wednesday as China's purchase of U.S. supplies of the grain hit the highest level since July, while slow harvesting in Brazil due to rains supported soybean prices. Read More