Oil steadies as market eyes US-China trade talks

NEW YORK, May 7 (Reuters): Oil prices steadied on Wednesday after bouncing back from a sharp sell-off earlier in the week as investors turned their focus to US-China trade talks this weekend.Brent crude futures were down 11 cents a barrel, or around 0.18 per cent, at $62.04 a barrel by...

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Gold prices slip more than 1.0pc

Gold prices fell more than 1 per cent on Wednesday, pressured by a firmer dollar and US-China trade talks optimism, while the focus is on Federal Reserve's policy decision due later in the day, reports Reuters.Spot gold slipped 1 per cent to $3,395.29 an ounce as of 0957 ET (1357...

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US tariffs, Europe slowdown reshape solar panels trade

SINGAPORE, May 7 (Reuters): Solar panel makers in Laos and Indonesia, mostly owned by Chinese firms, boosted their share in the US market after steep tariffs hit exports from other Southeast Asian countries including Cambodia and Thailand, trade data showed.The US government finalised steep levies on imports of solar cells...

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