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Oil firms as market weighs Iran sanctions and talks over Russia-Ukraine ceasefire
Brent and WTI benchmarks both advance Mixed factors keep crude rangebound, says analystBlack Sea maritime ceasefire discussed by US and RussiaUS sanctions target Iranian oilTrump signals flexibility on April tariffsBy Arunima Kumar March 24 (Reuters) - Oil prices strengthened in choppy trade on M...
26 minutes ago

PRECIOUS-Gold little changed as traders await clarity on Trump's tariffs
March 24 (Reuters) - Gold prices were steady on Monday, underpinned by a weaker U.S. dollar and uncertainty around U.S. President Donald Trump's tariff plans.
50 minutes ago

EXCLUSIVE-Russian central bank sees chance of prolonged low oil price cycle
MOSCOW, March 24 (Reuters) - Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s - which contributed to the downfall of the Soviet Union.
51 minutes ago

China, US need to cooperate in AI, says US-China relations committee head
BEIJING, March 24 (Reuters) - China and the United States need to cooperate in artificial intelligence, and duplication of efforts in the area could be avoided, the president of the National Committee on United States-China Relations (NCUSCR) said.Stephen Orlins, who participated in the annual China
54 minutes ago

Chinese EV giant BYD's fourth-quarter profit leaps 73%
BEIJING, March 24 (Reuters) - Chinese electric vehicle maker BYD's 1211.HK 002594.SZ net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it said on Monday, reaping the rewards of lower prices and higher sales than rivals.
55 minutes ago

Euro zone economy growth accelerates to seven-month high in March, PMI shows
March 24 (Reuters) - Euro zone business activity grew at its fastest pace in seven months in March, supported by an easing in the long-running manufacturing downturn despite slower growth in services, a survey showed.
4 hours ago

Japan's Nikkei dips as looming US tariff deadline spurs caution
TOKYO, March 24 (Reuters) - Japan's Nikkei share average declined for a third straight session on Monday as uncertainty ahead of a looming deadline for implementing additional U.S. tariffs sapped investor appetite for riskier assets.
6 hours ago

METALS-London copper firms as dollar slips; looming US tariffs cap gains
NEW DELHI, March 24 (Reuters) - Copper prices in London rose on Monday, tracking some weakness in the dollar, although concerns over the looming U.S. tariffs checked gains.The benchmark three-month copper CMCU3 on the London Metals Exchange (LME) added 1.3% to $9,988 a metric ton as of 0715 GMT.The ...
6 hours ago

EXCLUSIVE-India's $23 bln plan to rival China factories to lapse after it disappoints
NEW DELHI, March 24 (Reuters) - Indian Prime Minister Narendra Modi's government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to four government officials.
8 hours ago

Oil prices hold steady as investors monitor Russia-Ukraine ceasefire talks
TOKYO, March 24 (Reuters) - Oil prices held steady on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase in Russian oil to global markets.
12 hours ago

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