A slide in the oil price turned into a dive late on Wednesday, leaving the global crude benchmark with its biggest one-day decline in more than two years.
TOKYO (Reuters) - The dollar steadied near a six-month high against the Japanese yen and held firm against its major peers on Thursday after the latest U.S. economic data reaffirmed expectations that the Federal Reserve will hike interest rates two more times this year.
NEW YORK—Tires with high speed ratings are growing in popularity among U.S. consumers, according to the latest retail panel findings from market research firm GfK.
KUALA LUMPUR: Affin Hwang Research says Malaysian rubber glove manufacturers could benefit from the trade spat between the US and China as a tariff is being imposed on rubber/plastic gloves from China.
TOKYO (Reuters) - Oil prices fell on Wednesday, with Brent dropping by more than $1, after the United States said it would consider requests for waivers from sanctions due to snap back into place on Iranian crude exports.
WASHINGTON—As America's international trading partners prepared to retaliate against the Trump administration's steep tariffs on imported goods and materials, international trade associations warned the administration that tariffs on autos and auto parts only would harm the U.S. automotive industry.