Latest Currency markets News

Closing prices for crude oil, gold and other commodities

Jul. 05, 2022 15:24 PM EDT

Benchmark U.S. crude oil for August delivery fell $8.93 to $99.50 a barrel Tuesday. Brent crude for September delivery fell $10.73 to $102.70 a barrel. Wholesale gasoline for August delivery fell 36 cents to $3.33 a gallon. August heating oil fell 34 cents to $3.60 a gallon. August...

Asia shares rise on optimism about easing COVID restrictions

Jul. 05, 2022 00:24 AM EDT

TOKYO (AP) — Asian shares advanced Monday across the board as buying set in after the lull of a U.S. national holiday. Analysts said the optimism may be driven by expectations the U.S. may decide to cut Chinese tariffs, a welcome move that would also help tame inflation. ...

World shares mostly higher ahead of July 4 holiday in US

Jul. 04, 2022 05:34 AM EDT

BANGKOK (AP) — World shares are mostly higher while U.S. futures fell ahead of the July 4 holiday in the U.S. Benchmarks rose in London, Paris, Frankfurt and Tokyo but fell in Hong Kong and Seoul. Last week was the fourth losing week in the last five for Wall Street as investors...

Data puts Turkey’s annual inflation at 78.6%, a 24-year high

Jul. 04, 2022 03:57 AM EDT

ISTANBUL (AP) — Annual inflation in Turkey hit 78.62% in June, the highest rate since 1998, according to official data released Monday. The Turkish Statistical Institute, or TurkStat, released the monthly figures as Turkey is experiencing a deepening cost-of-living crisis. Consumer...

Argentina has new economy minister after abrupt resignation

Jul. 03, 2022 22:43 PM EDT

BUENOS AIRES (AP) — Argentina got a new economy minister late Sunday, a day after the abrupt resignation of her predecessor shook the governing coalition at a time it was already facinga crisis of unity. Gabriela Cerruti, the presidency’s spokesperson, wrote on Twitter late...

Argentine economy minister resigns amid peso, diesel woes

Jul. 02, 2022 20:03 PM EDT

BUENOS AIRES, Argentina (AP) — Argentina's economy minister resigned unexpectedly Saturday, dealing a fresh blow to the government of President Alberto Ferández as the country struggles with economic problems. Martín Guzmán stepped down after a week in which Argentina’s...

Closing prices for crude oil, gold and other commodities

Jul. 01, 2022 15:52 PM EDT

Benchmark U.S. crude oil for August delivery rose $2.67 to $108.43 a barrel Friday. Brent crude for September delivery rose $2.60 to $111.63 a barrel. Wholesale gasoline for August delivery rose 15 cents to $3.69 a gallon. August heating oil rose 11 cents to $3.94 a gallon. August...

New York officials rule against bitcoin-mining power plant

Jul. 01, 2022 00:04 AM EDT

ALBANY, N.Y. (AP) — New York officials denied required air permit renewals Thursday to a bitcoin-mining power plant on the grounds that it was a threat to the state's climate goals. The permitting decision was another example of New York putting the brakes on a cryptocurrency...

Asian shares mostly lower after pessimistic 'tankan' survey

Jun. 30, 2022 23:50 PM EDT

TOKYO (AP) — Asian benchmarks were mostly lower on Friday, echoing a decline on Wall Street, after a quarterly report by Japan’s central bank rekindled worries about the world’s third largest economy. Recent data suggest global growth is slowing as countries grapple with...

El Salvador's Bitcoin-boosting leader buys $1.5 million more

Jun. 30, 2022 23:40 PM EDT

SAN SALVADOR, El Salvador (AP) — El Salvador’s Bitcoin-boosting president was back at it again Thursday, doubling down on his country’s losing investment in the cryptocurrency by buying over $1.5 million more. President Nayib Bukele wrote on his Twitter acount after posting...