Breadcrumb Trail Links PMN Business The US economy remained at a comfortable cruising speed in the final stretch of 2024, powered by healthy consumer spending and creating even more separation from its global counterparts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 25, 2025 • 6 minute read 7}jn1memu8xl74[ub{3t8kjj_media_dl_1.png Bloomberg […]
Article content (Bloomberg) — Oil headed for the first weekly decline this year after Donald Trump raised the prospect of trade wars and said he will ask Saudi Arabia and OPEC to lower prices in his first few days as the new US president. Article content West Texas Intermediate fell toward $74 a barrel, and […]
Article content (Bloomberg) — US President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most US coastal waters as he made sweeping moves his first hours in office to unleash American energy development. Article content Trump’s move came as part of a broad assault on executive orders issued by […]
Breadcrumb Trail Links PMN Business South Korea’s early trade data showed weak export growth so far this month, as headwinds grow for the trade-reliant economy with political turmoil rumbling on at home and Donald Trump’s return to power clouding the outlook for global commerce. Author of the article: Bloomberg News Sam Kim and Soo-Hyang Choi […]
Article content (Bloomberg) — Oil held a decline as Donald Trump vowed to declare a national emergency to unleash domestic energy production and held off unveiling China-specific tariffs on day one of his presidency. Article content West Texas Intermediate for March fell from Friday’s close toward $76 a barrel, while Brent settled near $80. Trump […]
Article content (Bloomberg) — Oil rose ahead of the inauguration of President-elect Donald Trump, as the market braced for a period of uncertainty and turmoil at the start of his second term in the White House. Article content Brent traded above $81 a barrel after falling in the past two sessions, while West Texas Intermediate […]
Article content (Bloomberg) — Australia will introduce a new green aluminum production credit to assist aluminum smelters to switch to renewable electricity by 2036, the latest move by the center-left Labor government to bolster investment in domestic manufacturing. Article content Prime Minister Anthony Albanese announced the outlay on Monday, saying it would cost about A$2 […]
Breadcrumb Trail Links PMN Business Asian equities climbed in early Monday trading, tracking US peers following a positive conversation between Donald Trump and Chinese leader Xi Jinping ahead of the US President-elect’s inauguration. Author of the article: Bloomberg News Catherine Bosley and Matthew Burgess Published Jan 19, 2025 • Last updated 29 minutes ago • 4 […]
Article content (Bloomberg) — Oil headed for a fourth straight weekly gain ahead of President-elect Donald Trump’s second term, with traders seeking clarity on far-reaching sanctions and trade policies. Article content West Texas Intermediate traded below $79 a barrel, up about 3% this week, while Brent closed above $81. Trump’s advisers are crafting a wide-ranging […]
Breadcrumb Trail Links PMN Business For investors in China, fighting another trade war with the US will feel like anything but been there and done that. Author of the article: Bloomberg News Bloomberg News Published Jan 16, 2025 • 4 minute read k3jag6kaiwvy41l5ift3t9iz_media_dl_1.png Bloomberg Article content (Bloomberg) — For investors in China, fighting another trade […]