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Category: Trading

China investigates anti-dumping into Canadian Canola oil

China announced Monday the launch of an anti-dumping investigation into Canola oil imported from Canada, amid trade tensions between Beijing and Ottawa, after the latter imposed a 100 percent tariff on Chinese electric cars.

According to the Chinese…

25pc of OQEP Shares to Go on IPO

OQ SAOC announced its intention to offer up to 25% of its shares in OQ Exploration and Production (OQEP) Company (under transformation) through an initial public offering (IPO), on receipt of required approval from the Financial Services Authority (F…

Dollar Rises Amid Focus on Fed Rate-Cut Outlook

The dollar recovered some lost ground today while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal Reserve rate cut expected later this September 2024.

The onshore yuan was last 0.3 percent weaker at 7.11…

European Shares Rebound After Worst Week in over a Year

European stocks started the week higher, with investors awaiting economic data that could lead to a European Central Bank interest rate cut later in the week.

The pan-European STOXX 600 index was up 0.5 percent, after posting its worst weekly perfor…