Monday, October 6, 2025

ECB outlook hit euro, lift stocks, oil drops before OPEC

The dollar hit its strongest since mid-March against a basket of its peers on Monday, at the start of a week likely to highlight...

Sterling dips below $1.50 for first time since April

Sterling dipped below $1.50 for the first time since April on Monday after a policymaker warned about the impact of a strong pound on...

BlackBerry exits Pakistan over data access row

BlackBerry said Monday it is exiting Pakistan rather than hand over its customers' private messages, after the government demanded access to encrypted data sent...

Oil prices rise awaiting OPEC gathering

Oil prices rose Monday as the market looked ahead to the end of the week when OPEC decides on whether to change its crude...

Saudi forex reserves stabilize at $659.5b

Saudi Arabia has managed to keep the level of its foreign exchange reserves stable at $659.5 billion at the end of October, according to...

Saudi considering lifting export curbs on cement, steel

Saudi Arabia is considering lifting partial export bans on cement and steel to relieve oversupply in the local market, economic news website al-Eqtisadiah quoted...

Oil dips on firm dollar, ahead of OPEC meeting

Oil dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate...

Microsoft's Gates to start multi-billion-dollar clean tech initiative

Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative with heads of state on Monday, the opening day of...

PT Pertamina and Saudi Aramco ink pact for refinery upgrading project in Indonesia

Indonesia’s PT Pertamina and Saudi Aramco have signed a heads of agreement (HoA) to formalize key business principles for joint ownership, operation and upgrade...

Oil prices trading below $43 in Asia

Oil prices traded below $43 in Asia on Friday as U.S. markets took a break for Thanksgiving and Russia ruled out a military strike...

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