Prices of Hong Kong’s residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices.
Both futures have since pared gains, with Brent crude last trading at $86.12 a barrel, and U.S. West Texas Intermediate futures at $80.53 per barrel.
OPEC and non-OPEC producers will convene in Vienna, Austria on Dec. 4 to decide on the next phase of production policy.
U.K. inflation jumped to a 41-year high of 11.1% in October, exceeding expectations as food, transport and energy prices continued to squeeze households and businesses.
Treasury yields fell on Tuesday as markets after October’s producer price index figures came in less than expected, indicating inflation may be slowing
Diesel prices are surging with supply at a level not seen since the 1950s and a ban on Russian refined products will lead to greater competition for the fuel.
The fast-food giant said traffic to its U.S. restaurants is growing despite higher menu prices.
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