Business News

An oil pump is seen in Lagunillas, Ciudad Ojeda, in the state of Zulia, Venezuela, March 18, 2015. (Reuters) — Oil prices turned positive on Tuesday, jumping about 3%, following reports Iran was preparing to launch a missile attack on Israel. Brent futures were up $2.04, or 2.9%, to $73.74 a barrel…

A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City, Dec. 28, 2016. NEW YORK (Reuters) — More stocks are participating in the S&P 500’s latest march to record highs, easing concerns over a rally that has been concentrated in a handful of giant t…

(SCC) — Hafa Adai yan Tirow from the Saipan Chamber of Commerce! SCC is excited to host its October general membership meeting on Wednesday, October 2, 2024 from 11:30 a.m. to 1 p.m. at a chamber member establishment,  Crowne Plaza Resort, Hibiscus Hall Chamber committee chairs will share updates o…

(SBDC) — The Rota Small Business Development Center at the Northern Marianas College Rota Center, in collaboration with Bank of Guam, is excited to announce an upcoming workshop focused on commercial and business loans. This informative session will take place on Oct.18, 2024, from 10 a.m. to 12 no…

TOKYO (Reuters) — Political uncertainty and the surprise prominence of a reflationist-minded candidate in Japan’s ruling party leadership race may add pressure on the central bank to go slow on raising interest rates further away from historic lows. Already, the Bank of Japan has toned down s…

A view of the Beijing Stock Exchange at the Financial Street, in Beijing, China, Nov. 15, 2021. LONDON/SINGAPORE (Reuters) — World stocks hit a record high on Tuesday after China unveiled stimulus measures to support its economy and stock markets, sending Asian and European shares higher and trigge…

Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil in Carson, California, March 11, 2022. SINGAPORE (Reuters) — Oil prices rose on Monday, buoyed by concerns that heightened conflict in the Middle East may curtail regional su…

Bank of Guam, in partnership with the Guam Women’s Chamber of Commerce and KUAM Communications, announces the winner of the Elevate-HER Pitch Program Competition. Karmen George, the founder of Nemin Boutique was selected as the Grand Prize Winner along with The People’s Choice Award at the Fanachu …

A passerby walks past an electric monitor displaying various countries’ stock price indices outside a bank in Tokyo, Japan, March 22, 2023. SINGAPORE (Reuters) — The dollar bounced, long-dated bond yields were up and Asian stocks rose after the U.S. Federal Reserve announced a 50-basis-point rate c…

The Federal Reserve Building stands in Washington on April 3, 2012. WASHINGTON (Reuters) — The Federal Reserve on Wednesday will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation, b…