WHO warns public of rising Omicron cases
The World Health Organization had recently expressed worries about the Omicron variant’s higher transmittal rate than the Delta variant. Even the people who had completed their vaccination might still be infected, WHO Director-General, ...
UK to release November employment, claimant count figures
The Office for National Statistics (ONS) of the United Kingdom is set to release its November claimant count figures and the unemployment rate in the three months leading up to October.
Even though unpaid leave schemes appear to have a future ...
Stablecoins snatch spotlight from Bitcoin
Meta Platforms Inc (FB.O) has begun testing its stablecoin payments wallet. In contrast, Visa (V.N), the world's largest payments processor, has created a crypto advising service and stated that stablecoins, rather than cryptocurrencies, may ...
Dollar rises, yen weakens on high inflation
The dollar rose on Thursday morning in Asia, touching its highest rate versus the pound and the euro this year. Meanwhile, the yen plunged after the United States' inflation soared to its highest level in a generation, fueling expectations ...
Oil rises amid rising inflation, energy costs
Oil climbed up on Thursday in Asia as U.S. inflation continued to rise in tandem with increasing energy costs. The soaring inflation could trigger the release of more strategic crude stockpiles to pare down prices.
Brent oil futures edged ...
UK home prices surge over seller scarcity
House price inflation in the United Kingdom surged in October due to a scarcity of sellers, based on a survey released on Thursday. The Royal Institution of Chartered Surveyors (RICS) said more price hikes were expected.
The RICS revealed ...
Chinese port city faces spike in COVID cases
An expanding COVID-19 cluster in China’s Dalian has prompted national authorities to restrict outbound travel, cut offline school classes, and close some cultural sites in the port city in an effort to contain the outbreak.
On Thursday, ...
Oil falls as dollar recovers, inflation persists
Oil dipped on Friday in Asia, relinquishing the previous session’s advances. The dollar’s strength fueled bets that the U.S. Federal Reserve will increase interest rates sooner than expected in response to soaring inflation.
Brent ...
Dollar up for best week in five months
The dollar continued its gains on Friday morning in Asia, on track for its best week in five months. Investors are expecting that the United States' Federal Reserve will begin its interest rate hike sooner than expected following last Wednesday's ...
