Tuesday , 16 December 2025

Recent Posts

Dollar gains as oil declines before decision on Iran deal

Bloomberg The dollar rallied while oil dropped as traders braced themselves for President Donald Trump’s decision on the Iran nuclear deal. Stocks were little changed in the US and Europe. The greenback strengthened for a third session as Federal Reserve Chairman Jerome Powell stuck with a message of gradual tightening. Italian shares tumbled on the prospect for fresh elections that …

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Jakarta gets caught in crosshairs of emerging market selloff

Bloomberg Indonesia’s market rout shows no signs of abating, with its two-year bonds the latest to be dumped in anticipation that the central bank may need to raise rates to defend its currency. The yield on the two-year debt soared 34 basis points to a 10-month high of 6.73 percent as the currency weakened past the psychological 14,000 level. The …

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Shell nears $30bn divestment goal with oil-sands stake sale

Bloomberg Royal Dutch Shell Plc’s agreement to sell out of oil-sands producer Canadian Natural Resources Ltd. brings its $30 billion divestment goal within reach. The Anglo-Dutch company’s Shell Gas BV unit will divest all its shares in Canadian Natural for total pretax proceeds of $3.3 billion, The Hague-based Shell said. The sale serves the dual purpose of shedding one of …

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