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Australian economy braces for commodity price shocks

Australian economy braces for commodity price shocks

2022-03-07 17:36

SYDNEY, March 7 (Xinhua) -- Australia is on a bumpy road to economic recovery amid the COVID-19 pandemic, particularly as the conflicts in Ukraine has sent global energy prices into an upward spiral and triggered price shocks in the Australian market

U.S. national average gas price jumps to highest since 2008: AAA

U.S. national average gas price jumps to highest since 2008: AAA

2022-03-07 13:57

The U.S. national average for a gallon of regular gasoline hit 4.009 U.S. dollars on Sunday, the highest since July 2008.

Soaring gas prices inflict blow on homeless people in U.S.: The Guardian

Soaring gas prices inflict blow on homeless people in U.S.: The Guardian

2022-03-04 09:11

Homeless people in the United States had to grapple with rising gas prices as the economic fallout of the Ukrainian crisis rippled.

U.S. stocks fall as traders eye latest on Russia-Ukraine conflict

U.S. stocks fall as traders eye latest on Russia-Ukraine conflict

2022-03-04 07:43

U.S. stocks dropped on Thursday as investors eyed updates regarding the Russia-Ukraine conflict.

U.S. oil retreats after hitting highest since 2008

U.S. oil retreats after hitting highest since 2008

2022-03-04 07:25

Oil prices reversed earlier gains to end lower on Thursday.

U.S. dollar rises amid Powell comments, economic data

U.S. dollar rises amid Powell comments, economic data

2022-03-04 06:51

The U.S. dollar appreciated in late trading on Thursday.

S.Koreas online shopping logs double-digit growth in January

S.Korea's online shopping logs double-digit growth in January

2022-03-03 13:49

South Korea's online shopping logged a double-digit growth in January, as the COVID-19 pandemic discouraged people from shopping in offline stores.

Mexicos central bank cuts 2022 economic growth forecast

Mexico's central bank cuts 2022 economic growth forecast

2022-03-03 13:45

The central bank of Mexico (Banxico) on Wednesday cut its economic growth forecast for 2022.

S.Koreas GNI grows 10.3 pct in 2021

S.Korea's GNI grows 10.3 pct in 2021

2022-03-03 11:29

South Korea's gross national income (GNI) grew in double digits last year owing to the economic recovery from the COVID-19 pandemic.

U.S. stocks rise amid Ukraine conflict, Powell testimony

U.S. stocks rise amid Ukraine conflict, Powell testimony

2022-03-03 06:00

U.S. stocks climbed on Wednesday as investors monitored the situation in Ukraine.

IPCC report sounds alarm for Australia to do more to combat climate change

IPCC report sounds alarm for Australia to do more to combat climate change

2022-03-02 16:17

SYDNEY, March 2 (Xinhua) -- Against a backdrop of catastrophic flooding along Australias east coast, an Intergovernmental Panel on Climate Change (IPCC) report has warned that societies must adapt to the imminent reality of climate change. The report

Australian economy grows 3.4 pct in Q4 2021

Australian economy grows 3.4 pct in Q4 2021

2022-03-02 14:44

Australia has recorded its equal strongest quarterly growth in 46 years driven by the household spending after COVID-19 lockdowns.

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