Latest Currency markets News

Asian shares decline amid omicron, Fed, Ukraine jitters

Jan. 24, 2022 22:05 PM EST

TOKYO (AP) — Asian shares skidded Tuesday following a volatile day on Wall Street. Inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine are overhanging markets. Japan's benchmark Nikkei 225 slipped 2.0% in morning trading...

Closing prices for crude oil, gold and other commodities

Jan. 24, 2022 15:53 PM EST

Benchmark U.S. crude oil for March delivery fell $1.83 to $83.31 a barrel Monday. Brent crude for March delivery fell $1.62 to $86.27 a barrel. Wholesale gasoline for February delivery fell 4 cents to $2.40 a gallon. February heating oil fell 6 cents to $2.63 a gallon. February...

Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'

Jan. 22, 2022 10:43 AM EST

CABO FRIO, Brazil (AP) — In April, Brazil’s federal police stormed the helipad of a seaside hotel in Rio de Janeiro state, where they busted two men and a woman loading a chopper with 7 million reais ($1.3 million) in neatly packed bills. The detainees told police they worked for...

Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'

Jan. 22, 2022 10:42 AM EST

CABO FRIO, Brazil (AP) — In April, Brazil's federal police stormed the helipad of a boutique seaside hotel in Rio de Janeiro state, where they busted two men and a woman loading a chopper with 7 million reais ($1.3 million) in neatly packed bills. The detainees told police they...

Closing prices for crude oil, gold and other commodities

Jan. 21, 2022 16:08 PM EST

Benchmark U.S. crude oil for March delivery fell $1.76 to $85.14 a barrel Friday. Brent crude for March delivery fell 49 cents to $87.89. a barrel. Wholesale gasoline for February delivery fell 2 cents to $2.44 a gallon. February heating oil rose 2 cents to $2.69 a gallon. February...

Asian shares slide after more losses on Wall Street

Jan. 20, 2022 23:06 PM EST

BANGKOK (AP) — Shares were lower in Asia on Friday after a late afternoon sell-off wiped out gains for stocks on Wall Street. Tokyo fell 1.4% after Toyota Motor Corp. announced production cuts due to parts shortages. Other major regional markets also fell. Oil prices slipped,...

NYC's mayor invests first paycheck in cryptocurrency

Jan. 20, 2022 18:43 PM EST

NEW YORK (AP) — New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city. The Democrat's office announced Thursday that Adams' first salary payment will be...

Closing prices for crude oil, gold and other commodities

Jan. 20, 2022 15:14 PM EST

Benchmark U.S. crude oil for February delivery fell 6 cents to $86.90 a barrel Thursday. Brent crude for March delivery fell 6 cents to $88.38. a barrel. Wholesale gasoline for February delivery was unchanged at $2.46 a gallon. February heating oil fell 2 cents to $2.67 a gallon....

Turkey's central bank ends string of interest rate cuts

Jan. 20, 2022 09:42 AM EST

ANKARA, Turkey (AP) — Turkey’s central bank kept a key interest rate unchanged on Thursday, halting a string of rate cuts that triggered a currency crisis and sent consumer prices skyrocketing. The bank’s Monetary Policy Committee said it decided to keep its policy rate...

Japan's imports hit record highs on surging energy prices

Jan. 20, 2022 02:37 AM EST

TOKYO (AP) — Japan’s exports and imports both reached record highs in December, largely because of surging oil prices and a weaker yen, the government said Thursday. Japan’s imports last month surged 41% from the same month a year earlier. Exports rose 17.5% from the previous...