Soaring oil prices and a surging dollar are testing Asia’s foreign-exchange reserves, which were built up after the 1997 crisis.
Category: Oil (Petroleum) and Gasoline
-
Thousands of Miles From the Iran War, Asia’s Currencies Feel the Strain
The New York Times – Business: -
Is the Bond Market Signaling Danger? Or Opportunity?
The New York Times – Business:Interest rates for long-term Treasury bonds have surged to levels last seen in 2007, before the great financial crisis.
-
Bipartisan Bill Would Impose New Annual Fee on Electric Vehicles
The New York Times – Business:A House transportation bill introduced this week would require owners of electric cars to pay $130 to cover the cost of road repairs.
-
Oil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears
The New York Times – Business:Stocks and bonds wavered after President Trump issued a new warning to Iran.
-
Oil Prices Edge Higher as Cease-Fire Remains Tenuous
The New York Times – Business:Oil prices rose after President Trump issued a new warning to Iran, calling into question the tenuous cease-fire in the war.
-
Oil Prices Climb on Fears of Broader Energy Crunch
The New York Times – Business:Hopes for an end to the war in Iran faded after President Trump failed to secure a commitment from China to help persuade Iran to reopen the Strait of Hormuz.
-
It’s Not Just U.S. Stocks. A.I. and Oil Are Moving Global Markets, Too.
The New York Times – Business:Intel, along with Taiwan and South Korea, are the latest winners, our columnist says. True diversification is hard to find.
-
Consumers Spent More in April Despite High Gas Prices
The New York Times – Business:Retail sales rose 0.5 percent despite higher prices for gas, food and other goods. But there are signs consumers are under some strain.
-
Oil Prices Rise as Trump Meets China’s Xi
The New York Times – Business:The president is expected to urge the Chinese leader to help ease tensions in the Middle East by helping to persuade Iran to end the war.