Dollar steadies as China COVID fears linger

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Nov 21, 2022  •  6 minutes ago  •  2 minute read Join the conversation Article content SINGAPORE — The dollar pared some of its strong overnight gains on Tuesday after investors flocked to the safe-haven currency on nerves over China’s COVID flare ups, though cautious … Read more

Oil prices climb on strong U.S. crude exports, China fears linger

Breadcrumb Trail Links PMN Business Author of the article: Reuters Laura Sanicola and Yuka Obayashi Article content TOKYO — Oil prices rose on Thursday, extending a more than 3% rally in the previous session, boosted by record U.S. crude exports and a weaker U.S. dollar, though gains were capped in Asia due to lingering fears … Read more

Tech earnings to show if ‘awful few months’ will linger into next year

oatawa With the next big round of tech earnings on the horizon, Wall Street is already preparing itself for a raft of quarterly reports that reflect a sense of negativity unlike any seen in the sector in more than a decade. A combination of the Federal Reserve’s mixed efforts to tamp down inflation, ongoing evidence … Read more

Monkeypox can linger on common household items, CDC says

The monkeypox virus can linger on many common household objects, though it’s not yet clear if that can spread the infection, according to a new government study. Two monkeypox patients sharing a home said they disinfected surfaces, washed their hands several times a day and showered regularly. Researchers still found the virus on 70% of … Read more

China’s scorching southwest extends power curbs as drought, heatwave linger

Breadcrumb Trail Links PMN Business Author of the article: Article content SHANGHAI — China’s scorched southwestern regions extended curbs on power consumption on Monday as they deal with dwindling hydropower output and surging household electricity demand during a long drought and heatwave. State weather forecasters issued a heat “red alert” for the 11th consecutive day … Read more

Shelter Sickness: Migrants see health problems linger and worsen while waiting at the border

CIUDAD JUÁREZ, Mexico — Two days after arriving at a temporary migrant shelter at the border with the U.S. in June, Rosa Viridiana Ceron Alpizar’s 9-year-old daughter and 1-year-old son fell ill. Most of the kids in the converted gym had stomach issues after being served a meal of sausage and beans, she recalled. Alpizar’s … Read more

Gold dips as dollar firms, Fed rate-hike fears linger

Breadcrumb Trail Links PMN Business Author of the article: Article content Gold prices slipped on Monday, weighed down by a rebound in the U.S. dollar and expectations of further interest rate hikes from the Federal Reserve to tame high inflation. Spot gold was down 0.4% at $1,794.78 per ounce, as of 0352 GMT, after rising … Read more

Oil prices rise as tight supply, geopolitical tensions linger

Breadcrumb Trail Links PMN Business Author of the article: Reuters Jeslyn Lerh and Sonali Paul Publishing date: Jul 21, 2022  •  11 minutes ago  •  2 minute read  •  Join the conversation Article content MELBOURNE — Oil prices climbed in Asia trading on Friday, rebounding from previous declines on supply tightness and geopolitical tensions even though … Read more