
Oil Steadies After Tumbling Almost 6% on Rising Demand Risks
Oil steadied after signs of weakening demand and concerns about a slowdown in global growth sparked the steepest one-day plunge in more than a year.
Oil steadied after signs of weakening demand and concerns about a slowdown in global growth sparked the steepest one-day plunge in more than a year.
Global bonds are doomed to keep falling unless a sustained slump in equities revives the appeal of fixed-income assets, according to Barclays Plc.
Serum Institute of India Ltd. became the world’s biggest vaccine maker by producing low-cost inoculations for developing nations that other companies wouldn’t. Now it’s looking to tap the rich world’s need for those shots as well.
Australia’s monthly trade surplus exceeded estimates in August as iron ore shipments rose and non-monetary gold exports surged.
South Korea expects inflation to slow this month after consumer prices rose faster than expected in September due to higher energy and food costs, a result that reinforced the case for authorities to keep policy settings restrictive for longer.
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