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LONDON, United Kingdom (AFP) — Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with traders tracking interest rate decisions, the Ukraine conflict and China’s pledge to support volatile markets. The price of benchmark oil contract, Brent North Sea crude, jumped more than five percent to return above $100 per barrel after Russia rejected a ruling from the UN’s top court to suspend its Ukraine offensive. “Russia’s invasion is still […]
NEW YORK, United States (AFP) — Stock markets were uneasy and the dollar fell Monday as investors girded for another round of US tariffs imposed on Chinese goods. Traders had late last week welcomed US Treasury Secretary Steven Mnuchin’s offer to meet officials from Beijing to avert an all-out trade war. But US President Donald Trump seemed set to ratchet up pressure on China, saying an announcement was imminent, and promising action that will produce […]
