Latest Currency markets News

Closing prices for crude oil, gold and other commodities

Nov. 25, 2022 15:20 PM EST

Benchmark U.S. crude oil for January delivery fell $1.66 to $76.28 a barrel Friday. Brent crude for January delivery fell $1.71 to $83.63 a barrel. Wholesale gasoline for December delivery fell 14 cents to $2.33 a gallon. December heating oil fell 12 cents to $3.24 a gallon. December...

Asian shares mixed as investors eye Tokyo inflation data

Nov. 24, 2022 23:42 PM EST

TOKYO (AP) — Asian shares were mixed Friday as worries deepened about the regional economy and Japan reported higher-than-expected inflation. Benchmarks fell in Tokyo, Seoul and Hong Kong, but rose in Sydney and Shanghai. Oil prices advanced. Investors have their...

Turkish central bank cuts rates again despite high inflation

Nov. 24, 2022 07:41 AM EST

ANKARA, Turkey (AP) — Turkey’s central bank delivered another outsized interest rate cut Thursday despite inflation running at more than 85% and other countries moving the opposite way to ease the pain of soaring prices. The central bank said its Monetary Policy Committee decided...

Asian shares rise on Fed rate hopes despite China worries

Nov. 23, 2022 23:39 PM EST

TOKYO (AP) — Asian shares gained Thursday, although optimism about the Federal Reserve holding back on aggressive interest rate raises was countered by some uncertainty about coronavirus restrictions in China. Trading was relatively muted in Asia ahead of U.S. markets being closed...

$740M in crypto assets recovered in FTX bankruptcy so far

Nov. 23, 2022 16:36 PM EST

NEW YORK (AP) — The company tasked with locking down the assets of the failed cryptocurrency exchange FTX said they've managed to recover and secure $740 million in assets so far, a fraction of the potential billions of dollars likely missing from the company's coffers. The...

Closing prices for crude oil, gold and other commodities

Nov. 23, 2022 15:41 PM EST

Benchmark U.S. crude oil for January delivery rose $3.01 to $77.94 a barrel Wednesday. Brent crude for January delivery fell $2.95 to $85.41 a barrel. Wholesale gasoline for December delivery fell 7 cents to $2.47 a gallon. December heating oil fell 11 cents to $3.36 a gallon....

New Zealand hikes interest rate to 4.25% to fight inflation

Nov. 22, 2022 22:34 PM EST

WELLINGTON, New Zealand (AP) — New Zealand's central bank hiked interest rates Wednesday by a record amount as it tries to get inflation under control. The Reserve Bank of New Zealand increased its benchmark rate by three-quarters of a point to 4.25%. It's the first...

NY gov signs novel law that limits cryptomining, for now

Nov. 22, 2022 21:54 PM EST

ALBANY, N.Y. (AP) — New York is taking a first-in-the-nation step to tap the brakes on the spread of cryptocurrency mining, under legislation that Gov. Kathy Hochul signed Tuesday. The measure comes amid growing scrutiny of the cryptocurrency industry following this month's...

Closing prices for crude oil, gold and other commodities

Nov. 22, 2022 15:29 PM EST

Benchmark U.S. crude oil for January delivery rose 91 cents to $80.95 a barrel Tuesday. Brent crude for January delivery rose 91 cents to $88.36 a barrel. Wholesale gasoline for December delivery rose 10 cents to $2.54 a gallon. December heating oil fell 3 cents to $3.47 a gallon....

Asian stocks mixed after Wall St slide, China virus fears

Nov. 21, 2022 23:12 PM EST

BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices gained. Wall Street's benchmark S&P 500 index...