Oil struggles to find footing after 7 percent slide as outlook darkens

Oil struggled to find its footing on Wednesday after plunging 7 percent the previous session, with surging supply and the […]

Stocks poised for biggest drop in two weeks on U.S. and China concerns

Global stocks were heading for their biggest drop in two weeks and emerging market currencies also slipped on Friday as […]

Australia’s Westpac fined $2.4 million in rate case, fraction of penalty sought

Westpac Banking Corp won vindication of its decision to fight accusations its conduct in handling of a key rate was […]

Iran oil exports to plummet in November, then rebound as buyers use waivers

Iran’s oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would re-impose sanctions on Tehran, […]

Asian markets fall on profit-taking, while Xi praises globalization

After the best week in years for a number of Asian stock markets — following the worst month in years […]

Oil rally faces tidal wave of supply

The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave […]

As U.S. oil sanctions against Iran start, Washington grants waivers to major buyers

The United States re-introduced sanctions against Iranian oil exports on Monday, although it also gave some of its closest allies […]

Oil dips as Russia signals output will stay high

Oil prices edged lower on Monday as Russia signaled output will remain high, but losses were limited ahead of U.S. […]

Wall Street claws back as financials lead

U.S. stocks gained on Monday, helped by relief over Italy maintaining its debt rating, as equities clawed back from a […]

London forex traders found not guilty in U.S. rigging case

Three former London-based currency traders were found not guilty on Friday of U.S. charges that they schemed to rig benchmark […]