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Oil prices rise, Brent at $101.53 pb

Oil prices rise, Brent at $101.53 pb
Oil prices rose in early Asian trading on Thursday, with Brent crude futures rising US$1.33, or 1.33 percent, to US$101.53 per barrel (pb).US West Texas Intermediate (WTI) crude futures gained $1.11, or 1.26 percent, to $89.39 pb. Prices settled lower on Wednesday after the International Energy Age...

Gold prices recover from two-month low

Gold prices recover from two-month low
Gold prices edged higher on Thursday as ‌the dollar eased from an 18-month peak, helping bullion recover from a two-month low.Spot gold was up 0.5 percent at $4,132.66 per ounce by 01:40 GMT.US ⁠gold futures for December delivery gained 0.4 percent to $4,157.60.Among other metals, spot silver rose 0.4 ...

African Union launches first credit rating agency in Mauritius

African Union launches first credit rating agency in Mauritius
The African Union on Wednesday launched the continent’s first credit rating agency, seeking to provide an alternative to the global Big Three ratings agencies as heavy debt burdens weigh on many African economies.The Africa Credit Rating Agency (AfCRA) was launched in Port Louis, the capital of Mauri...

Microsoft unveils AI coding model for personal computers

Microsoft unveils AI coding model for personal computers
Microsoft on Wednesday unveiled an AI coding model that can run directly on personal computers, alongside a new security technology designed to prevent AI agents from accessing data without permission.At an event in San Francisco, the company also showcased a high-performance Surface laptop called Ultra pow...

Oil prices settle lower, Brent at US$100.20 a barrel

Oil prices settle lower, Brent at US$100.20 a barrel
Oil prices settled lower on Wednesday after a volatile session, following the International Energy Agency’s (IEA) agreement to accelerate releases from oil reserves and prioritise diesel stocks.Brent crude futures fell 38 cents, or 0.38 per cent, to settle at US$100.20 a barrel, while US West Texas...