• August 16, 2024

Malaysia central bank upbeat as economy grows at fastest pace in six quarters

By Danial Azhar and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia's economy expanded at its fastest rate in 18 months in the second quarter helped by stronger household spending, exports and in...

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• August 15, 2024

Oil prices set for weekly gains on renewed enthusiasm around US economy

By Shariq Khan (Reuters) - Oil prices edged lower in early Asian trading on Friday, but the market's benchmarks were set for a second consecutive weekly gain after upbeat U.S. economic data eased...

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• August 15, 2024

Oil Steadies at End of Choppy Week as Iran Remains in Spotlight

(Bloomberg) -- Oil was steady at the end of a turbulent week as the market weighed strong US economic data and a possible attack by Iran or its proxies on Israel against a lackluster Chinese demand ...

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• August 15, 2024

Harris zeroes in on high food and housing prices as inflation plays a big role in the campaign

WASHINGTON (AP) — Vice President Kamala Harris is zeroing in on high food and housing prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a fede...

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• August 15, 2024

Feds announce funding push for ropeless fishing gear that spares rare whales

PORTLAND, Maine (AP) — New efforts to convert some types of commercial fishing to ropeless gear that is safer for rare whales will be supported by millions of dollars in funding, federal authorities...

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• August 15, 2024

Fed Chair Powell to headline next week's Jackson Hole meet

(Reuters) -Federal Reserve Chair Jerome Powell is scheduled to deliver remarks on the economic outlook next Friday, the first full day of the Kansas City Fed's annual economic symposium in Jackson H...

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• August 15, 2024

Traders Shred Bets on Big Fed Rate Cuts on Resilient Economy

(Bloomberg) -- Treasury yields surged after signs of a resilient US economy in the latest data releases prompted traders to lower their expectations of aggressive Federal Reserve interest-rate cuts ...

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• August 15, 2024

Oil Driller Borr Sees Wave of Shallow-Water Rigs Retiring

(Bloomberg) -- Offshore oil contractor Borr Drilling Ltd. expects almost a third of the world’s fleet of shallow-water rigs to be retired in the coming years because of their age, leading to higher ...

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• August 15, 2024

US corporate bond spreads recover on promising economic data

By Matt Tracy (Reuters) - U.S. corporate bond spreads, the premium over Treasuries that companies pay for debt, are starting to recoup some lost ground after recent strong economic data increased...

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• August 15, 2024

Oil Halts Two-Day Drop on Iran Tensions, Strong US Retail Sales

(Bloomberg) -- Oil pushed higher after a two-day drop as jitters surrounding a potential Iranian attack on Israel and a strong US economic reading overshadowed persistent demand fears. West Texas...

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