© Reuters. FILE PHOTO: A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.REUTERS/Ann Wang TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Tuesday it expects its…

By Valerie Volcovici (Reuters) – After a rocky start to a week of negotiations, around 170 countries agreed to develop a first draft by November of what could become the first global treaty to curb plastic pollution by the end of next year. Country delegations, NGOs and industry representatives gathered…

By Muyu Xu SINGAPORE (Reuters) -Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world’s biggest oil importer.…

By Arathy Somasekhar (Reuters) – Oil prices edged lower on Tuesday, giving up most of the prior session’s gains that followed an announcement by the world’s top exporter, Saudi Arabia, that it would further cut output. futures were down 23 cents, or 0.3%, at $76.48 a barrel at 0020 GMT.…

Investing.com– Gold prices steadied on Tuesday after marking some gains in the prior session, as weak U.S. service sector data weighed on the dollar and fed into bets that the world’s largest economy was cooling.  The yellow metal recovered from over two-month lows after data showed on Monday that the…

Investing.com– Oil prices crept lower in Asian trade on Tuesday as initial optimism over more supply cuts by Saudi Arabia and the OPEC was largely offset by persistent concerns over slowing economic growth and weakening demand. While crude markets initially marked a strong rally in response to more production cuts…

By Saqib Iqbal Ahmed NEW YORK (Reuters) – A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline. The dollar is up 2.5% from its recent low against a basket of currencies and stands near its highest level since March. The…

Investing.com — The U.S. dollar climbed higher in early European trade Monday after a healthy jobs report prompted traders to price in a continuation of the Federal Reserve’s hawkish stance. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2%…

By Canan Sevgili (Reuters) -Turkey’s lira extended recent losses, weakening more than 1% against the dollar on Monday, while stocks and dollar-denominated bonds rallied after the appointment of highly-regarded Mehmet Simsek as finance minister. Simsek won markets’ confidence as finance minister and deputy prime minister between 2009-2018 and his appointment…

By Marc Jones LONDON (Reuters) -Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest U.S. bank JPMorgan (NYSE:) said on Monday, although the currency should maintain its long-held dominance for the foreseeable future. The strains of steep U.S. interest rate rises and sanctions that have frozen…