Category: Business

Oil Prices Slump More Than 4pc

Oil prices tumbled more than $3 a barrel today amid geopolitical tensions in the Middle East.

Both Brent and US West Texas Intermediate crude futures hit their lowest levels since 1 October 2024 at the open. Brent was at $72.88 a barrel, down $3.17, …

Dollar Rises Supported by US Bond Yields

The dollar rose today, supported by a rise in US Treasury yields, while the yen fell to a three-month low.

In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06 per euro, on both counts the softest since late July. The yen was …