JAKARTA (Reuters) -Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy minister Bahlil Lahadalia told local media on Tuesday. Indonesian officials …
Buy, Sell, or Hold Post Q4 Earnings?
Kimberly-Clark (KMB): Buy, Sell, or Hold Post Q4 Earnings? Kimberly-Clark has been treading water for the past six months, recording a small loss of 3.3% while holding steady at $140.43. Is there a buying opportunity in Kimberly-Clark, or does it …
Don’t expect rates to calm down
Mortgage interest rates are up again today. According to Zillow data, the average 30-year fixed mortgage rate has risen by seven basis points to 6.90%, and the 15-year fixed rate has increased by three basis points to 6.21%. It’s been …
Dogecoin Slumps 3%, Bitcoin Steady Around $85K as Traders Fear U.S. Recession
Dogecoin (DOGE) shed 3% while bitcoin (BTC) and ether (ETH) remained flat in the past 24 hours as tariff concerns gradually subsided among traders, though fears of a U.S. recession increased in betting markets. “Prominent financial figures have started to …
Analysis-Oil price drop turns up heat on emerging market crude exporters
By Duncan Miriri and MacDonald Dzirutwe NAIROBI/LAGOS (Reuters) -A steep drop in crude oil prices largely due to U.S. President Donald Trump’s tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could also …
Pakistan mulls US oil imports to ease trade imbalance, sources say
By Ariba Shahid KARACHI (Reuters) – Pakistan is considering importing crude oil from the United States for the first time to offset a trade imbalance that triggered higher U.S. tariffs, according to a government source directly involved with the proposal …