U.S. - Global Business and Finance Magazine

Oil prices up ahead of Sino-US trade meeting

GLOBAL BUSINESS AND FINANCE MAGAZINE
May 9, 2025
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Oil prices were up slightly on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China showed signs of easing and Britain announced a “breakthrough” trade deal with the United States. Brent crude rose 23 cents, or 0.37%, to $63.07 a barrel while U.S. West Texas […]

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Dollar slips, Taiwan dollar surge draws eyes

GLOBAL BUSINESS AND FINANCE MAGAZINE
May 8, 2025
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The U.S. dollar slipped again on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade concessions. Asia-Pacific currencies were the major developed-market beneficiaries of the fallout from that, and the dollar was down 0.7% on the Japanese yen […]