Monday, December 4, 2023

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Oil Turns Lower as Market Fails to Shake Off Post OPEC+ Gloom

(Bloomberg) -- Oil fell — after failing to hold an early gain — amid sustained skepticism that the latest supply cuts by OPEC+...

Chip Materials Maker Goes Into Debt Rather Than Raise Prices

(Bloomberg) -- One of the chipmaking industry’s small but indispensable suppliers is sinking deeper in debt because it’s refusing to raise prices to...

Oil climbs as Mideast tension back in focus

By Florence TanSINGAPORE (Reuters) - Oil futures rose on Monday as geopolitical tension in the Middle East returned to focus, spurring concerns about...

Gold Hits Record, Bitcoin Climbs Amid Fed Cut Bets: Markets Wrap

(Bloomberg) -- Gold surged to a fresh record and Bitcoin pierced $40,000 in early Asian trading as markets shrugged off Federal Reserve Chair...

Alaska Airlines to fly Amazon packages after completing Hawaiian buy

Alaska Air will take over cargo transportation for e-commerce giant Amazon when it concludes a deal announced Sunday to acquire Hawaiian Airlines in...

Spot Gold Rises to Record on Dovish Fed Remarks

(Bloomberg) -- Gold rose to a record, buoyed by softening US economic data and commentary by Federal Reserve officials that’s created expectations for...

Bitcoin Hits $40,000 Level for the First Time Since May 2022

(Bloomberg) -- Bitcoin scaled $40,000 for the first time since May 2022 as the largest digital asset extended a rebound on expectations of...

U.S. stock rally could wobble if tensions spike after Red Sea attacks

By Krystal Hu and Ira Iosebashvili(Reuters) - An attack on an American warship and commercial vessels in the Red Sea on Sunday risks...

Alaska Air Agrees to Buy Hawaiian in $1.9 Billion Deal

(Bloomberg) -- Alaska Air Group Inc. has agreed to buy rival Hawaiian Holdings Inc. in a $1.9 billion cash and debt deal, challenging...

Marketmind: Dovish Fed view courses through markets

By Jamie McGeever(Reuters) - A look at the day ahead in Asian markets.Asian markets are poised to start the week on the front...

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