markets

Commodity investors betting on a sustained recovery in prices probably didn’t count on China devaluing its currency by the most in two decades. The world’s biggest user of energy, metals and grains... more
OPEC has no plans for an emergency meeting to respond to the slump in prices, according to delegates from the group, while members have discussed the possibility amid a persistent oversupply of crude... more
Palm oil stockpiles in Malaysia expanded to the highest since November after production climbed in the world’s biggest supplier after Indonesia. Stockpiles rose 5.3 percent to 2.27 million metric... more
Qatar stocks led losses in equity markets across the six-nation Gulf Cooperation Council after Brent crude slumped to the lowest level since January. The QE Index declined 0.4 percent to 11,726.74 at... more
Goldman Sachs Group Inc. says crude prices need to remain lower for a longer time to allow the oil market to find equilibrium amid a supply glut. Storage may be filled by the fall with global crude... more
China will probably keep the yuan pegged to the dollar into 2016 after the IMF signaled a delay to giving it reserve status. The country’s authorities have kept the yuan at about 6.2 a dollar in... more
A surprise rebound in Malaysia’s exports failed to revive the ringgit, which fell to a fresh 17-year low on prospects for a September increase in U.S. interest rates. The ringgit is Asia’s worst... more
Oil in London traded below $50 a barrel near a six-month low amid speculation Iranian supplies will exacerbate a global surplus as demand from the U.S. to China slows. Brent futures were little... more
Iran can boost oil production in one week after international sanctions are lifted, and OPEC’s refusal to accommodate Iran in export markets would result in lower crude prices, Oil Minister Bijan... more
Charles Koch, the billionaire leader of a conservative network that has pledged to spend hundreds of millions of dollars influencing next year's elections, called for an end to what he called "... more

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