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
A slugfest between Wall Street and Main Street took an unexpected turn late on Wednesday after moderators of a stock trading forum that has helped fuel massive rallies in the shares of GameStop temporarily closed its doors. Read More
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
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.
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
Top securities regulator in Massachusetts thinks trading in GameStop Corp stock, which skyrocketed for a fourth straight day, suggests there is something "systemically wrong" with the options trading surrounding the stock, Barron's reported https://bit.ly/3iRbdRB on Tuesday. Read More
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
MELBOURNE -- Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world's second-biggest oil user, reported its lowest daily rise in COVID-19 cases, bolstering hopes of a pick-up in demand. Read More
RIO DE JANEIRO -- Two of Brazil's top executives overseeing privatization efforts at state-run oil and electricity companies Petrobras and Eletrobras stepped down on Monday, raising questions about the future of President Jair Bolsonaro's asset sale program. Read More
BEIJING/SINGAPORE -- Chicago soybean and corn futures rose slightly on Tuesday, extending gains from the previous session fueled by bargain buying after Friday's steep declines, even as improving weather in South America continued to weigh on prices. Read More