Oil Steadies as Traders Look to OPEC Report and Inflation Data
Oil held steady after OPEC data showed nations participating in the most recent round of output cuts are exceeding their quotas.
Oil held steady after OPEC data showed nations participating in the most recent round of output cuts are exceeding their quotas.
Shares in Discovery Ltd. and other South African medical insurers slumped after President Cyril Ramaphosa said he’ll sign into law a new health bill that’s opposed by business.
Australia plans to unleash a wave of spending from power bill subsidies to tax breaks for critical minerals and new warships as the center-left government tries to win back voters ahead of an election due in a year.
Treasuries extended their advance as traders await key US price data that could spur expectations for deeper and faster interest-rate cuts from the Federal Reserve this year.
Anglo American Plc will exit diamond, platinum and coal mining in a massive restructuring designed to fend off a £34 billion ($43 billion) bid from rival BHP Group and turn itself into a copper giant.
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