Oil edges up to near two year highs as market tightens Oil edges up to near two year highs as market tightens: Brent crude LCOc1 settled up 13 cents, or 0.2 percent, at $60.62 per barrel. The benchmark hit $61.70 on Wednesday, its highest intraday level since July 2015. The […]

Venezuela to restructure foreign debt default looms as possibility Venezuela to restructure foreign debt default looms as possibility: President Nicolas Maduro vowed to make a $1.1 billion payment on a bond maturing on Thursday, but also created a commission to study “restructuring of all future payments” in order to meet […]

Bitcoin rockets above $7000 for the first time Bitcoin rockets above $7000 for the first time: Bitcoin has seen eye-watering gains in recent months, having more than doubled in value in the past seven weeks alone. It is on track for a fifth consecutive quarter of increases a run not […]

Singapore police examine Goldmans role in 1MDB deals Singapore police examine Goldmans role in 1MDB deals: Singaporean prosecutors and police are looking at Goldman Sachs Group’s (GS.N) relationship with the scandal-hit Malaysian state investment fund 1MDB, Bloomberg reported, citing people familiar with the matter. Singapore’s economic crime unit and city […]