Archive · Business Recorder
Stocks trade cautiously in Asia, Brent off six-month top
SYDNEY: Stock markets traded cautiously on Monday as oil eased from six-month highs ahead of a week packed with central bank meetings and corporate earnings that will further test investor confidence in the AI boom. Brent oil slipped 1.6% to $114.88 following reports that Qatari mediators were in Tehran on Sunday as part of an effort to de-escalate regional tensions in coordination with the US. Brent futures jumped 6.2% last week to their highest weekly close since mid-2022 as Houthi attacks in Saudi Arabia stoked concerns about energy supplies. US crude futures fell 1.9% to $101.29 a barrel...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →