Africa’s second-largest oil producer uncovers new crude reserves amid surge in foreign interest
Libya’s oil sector is showing signs of revival as international and domestic operators ramp up exploration and production…
Euro looks bearish toward 1.1400-1.1350
The Dollar Index had slightly inched lower but the target of 101 remains intact while the support at…
Dollar on defensive as data show cracks in US jobs market — TradingView News
By Gregor Stuart Hunter The dollar retreated in early Asia trade on Friday, leading declines among major currencies…
Japan’s Toyota, hurt by President Trump’s tariffs, reports a drop in profit
TOKYO — Toyota reported a 7% year-on-year drop in profit for April-September on Wednesday, as U.S. President Donald…
China’s exports fall in October as firms wait out Xi-Trump summit, trade war reset
China’s exports fell in October amid a volatile trade war with the United States – though recent high-level…
US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
Japan’s Households Boost Spending Despite Inflation Hit
A shopping street in Tokyo. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japan’s household spending rose for a fifth month,…
Japan’s trading houses brace for more pain from China steel glut
Japan’s major trading houses are facing a prolonged slump in iron ore and coking coal prices as Chinese…
Germany October construction PMI 42.8 vs 46.2 prior
Ouch. German construction activity slumps further in October, falling at its quickest pace in seven months. Of note,…
Dollar falls as weak labor data weighs
Alan Schein Photography | The Image Bank | Getty Images The U.S. dollar declined for a second consecutive day on Thursday…
GT Voice: IATA to add yuan for settlement, signals currency’s growing role
Illustration: Tang Tengfei/GT The International Air Transport Association (IATA) announced on Wednesday that it will add the yuan…
No interest rate changes from Bank of England
The Bank of England kept borrowing costs on hold today but a narrow vote and signs that Governor…