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The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Brent crude rose 73 cents, or 0.75%, to $97.57 a barrel at 0130 GMT, after soaring as high as $98.08.
Riskier commodity-linked currencies also tumbled, succumbing to worsening risk sentiment after earlier in the week proving resilient due to high commodity prices.
The crisis deepened this week after Russian President Vladimir Putin dispatched troops into parts of Ukraine, triggering sanctions from Western countries.
South Africa's building firm giant Wilson Bayly Holmes - Ovcon Ltd said it is pulling out of Australia, saying the country's strict Covid response impacted its property market.
The Russian rouble weakened 2.70% versus the greenback at 81.13 after reaching 81.392 per dollar, giving back gains made on Tuesday.
Oreo cookie maker Mondelez International Inc will close its plants in Ukraine if the country's tensions with Russia escalate and become "too dangerous," Chief Executive Officer told Reuters.
Amazon.com Inc labor organizer Christian Smalls was arrested on Wednesday after allegedly trespassing on company property, the New York City Police Department (NYPD) said.
Crude oil throughput in January was however down 0.5% year-on-year to 5.13 mn barrels per day (21.71 mn tonnes), govt data showed.
The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, data from digital currency manager CoinShares showed.
Brent crude futures were up 65 cents, or 0.81 per cent, to $80.32 a barrel by 1317 GMT
Spot gold was up 0.32 per cent at $1,820.41 per ounce by 1132 GMT
Buildings on fire in biggest city; President says government botched fuel price increase
Brent crude futures were up 37 cents, or 0.46%, to $80.37 a barrel by 1210 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 29 cents, or 0.38%, to $77.28
Spot gold was up 0.2% to $1,818.79 per ounce at 1025 GMT, with U.S. gold futures rising 0.3% to $1,819.50
After the tech-heavy Nasdaq fell 1.3% in Wall Street on Tuesday, Asian shares fell overnight
US yields rose as bond investors geared up for interest rate hikes from the Federal Reserve by mid-year to curb stubbornly high inflation
Cross-border investors purchased Asian equities worth a net $5.85 billion in South Korean, Taiwan, the Philippines, Vietnam, Indonesia, and India last month
Incoming flights from Australia, Canada, France, India, Pakistan, Philippines, Britain and the United States, including interchanges, would be banned from Jan 8-21
India's benchmark 10-year bond yield was trading steady on the day at 6.52% by 0655 GMT, after earlier rising to 6.54%, its highest level since Jan. 31, 2020
The United States reported nearly 1 million new coronavirus infections on Monday, the highest daily tally of any country in the world