Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Mark Sherman And Jessica Gresko Published Apr 22, 2023  •  4 minute read Article content WASHINGTON (AP) — Nothing will change for now. That’s what the Supreme Court said Friday evening about access to a widely used abortion pill. A court case that […]

Breadcrumb Trail Links PMN Business Author of the article: Published Apr 21, 2023  •  1 minute read Article content A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the absence of any further banks collapsing, seems to be running out of steam as economic data […]

Article content (Bloomberg) — Gasoline markets in Asia are rapidly weakening during what should be the region’s peak season in another bearish sign for oil demand. Article content Profits from producing gasoline from crude — so-called crack spreads — have more than halved in Singapore over the past month to the lowest level since December, […]

Article content (Bloomberg) — A 27% jump in the price of olive oil is prolonging the cost-of-living shock on Italian families already reeling from lasting increases in the cooking staples that make up Bloomberg’s Pizza Margherita index. Article content The condiment found in kitchens across the peninsula is the only one of the five tracked […]

Breadcrumb Trail Links PMN Business Author of the article: Published Apr 18, 2023  •  2 minute read Article content SHANGHAI/SINGAPORE — China’s yuan inched higher against the dollar on Tuesday, while investors Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By […]

Article content (Bloomberg) — The European Central Bank is set for three more quarter-point increases in interest rates in May, June and July, economists polled by Bloomberg say.  Article content That would take the deposit rate to 3.75%, where it would stay through the rest of the year, according to the April 5-13 survey.  Article […]

Article content (Bloomberg) — Leaders of the world’s most developed economies reached a deal to accelerate the phase-out of unabated fossil fuels but failed to agree on a deadline to exit coal and left the door open for new natural gas investments. Article content The Group of Seven said it would “accelerate the phase-out of […]

Breadcrumb Trail Links PMN Business Author of the article: Published Apr 15, 2023  •  3 minute read Article content BEIJING — China’s new home prices rose in March at the fastest pace in 21 months, official data showed on Saturday, suggesting the market is out of the doldrums amid a flurry of support policies, but […]

Breadcrumb Trail Links PMN Business Global finance chiefs, gathering in Washington little more than a year after the shock Russian invasion of Ukraine, are drawing sharply different conclusions about the biggest risks to the outlook, in a split showcasing the rising role of geopolitical struggles in the world economy. Author of the article: Bloomberg News […]

Breadcrumb Trail Links PMN Business Author of the article: Published Apr 13, 2023  •  2 minute read Article content The Indonesian rupiah emerged as the top gainer among Southeast Asian currencies on Thursday Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. […]