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© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023. REUTERS/Brendan McDermid By Ankika Biswas and Sruthi Shankar (Reuters) -U.S. stocks gained on Friday lifted…

Breadcrumb Trail Links PMN Business Author of the article: Published Apr 23, 2023  •  3 minute read Article content LONDON — U.S. inventories of distillate fuel oils such as diesel and heating oil have been…

© Reuters. FILE PHOTO: The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo By Michael S. Derby (Reuters) - Federal Reserve lending to banks eased further in the latest week,…

Wall Street stocks gained ground and Treasuries rallied on Wednesday after closely watched US inflation data fell slightly more than expected, easing pressure on the Federal Reserve to keep raising interest rates. The benchmark…

Gold eased from near the highest in 13 months as traders digested the latest US economic data and its potential impact on the Federal Reserve’s interest-rate path. Initial jobless claims were higher than expected last week, underlining the…

Breadcrumb Trail Links PMN Business Author of the article: Published Mar 30, 2023  •  2 minute read Article content SHANGHAI — China’s yuan eased on Thursday against the dollar, which was broadly firmer as…

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Published Mar 28, 2023  •  3 minute read Article content HONG KONG — Global stocks rose and the dollar softened on Tuesday, as a deal…

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Published Mar 27, 2023  •  2 minute read Article content HONG KONG — Global stocks and U.S. bond yields rose on Tuesday, as a U.S.…

Breadcrumb Trail Links PMN Business Author of the article: Published Mar 15, 2023  •  2 minute read Article content SHANGHAI — China’s yuan eased against the dollar on Wednesday as a slew of data pointed to an…

Onion prices continued to fall year-on-year for the 18th straight month since September 2021, with February 2023 recording the sharpest drop of 40.14% in wholesale prices. Image for representation purpose only. | Photo Credit: Reuters…