London, Aug 13, 2026 (AFP) - Stocks steady as US inflation worries ease, oil slips

NAMPA / AFP
2026-08-13
Stock markets were mixed in thin summer trading Thursday, handing back earlier gains after investors welcomed further signs of easing US inflation that lessened the prospect of higher interest rates for the world's biggest economy. Oil prices slipped after recent gains amid uncertainty over the prospects for Gulf shipments from the Strait of Hormuz, with both US President Donald Trump and Iran claiming control of the key waterway. After a benign......
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WINDHOEK, 12 August 2026 - UNAM Vice-Chancellor Kenneth Matengu and Huawei Board director Jason Xu. (Photo: Ali Negumbo) NAMPA

WINDHOEK, 12 August 2026 - UNAM Vice-Chancellor Kenneth Matengu and Huawei Board director Jason Xu. (Photo: Ali Negumbo) NAMPA

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OPUWO, 12 August 2026 - Chief Muhijamo Tjindunda of Ehomba pictured during the community engagement with the Parliamentary Standing Committee on Natural Resources at Ouroutumba village on Tuesday. (Photo: Contributed)

OPUWO, 12 August 2026 - Chief Muhijamo Tjindunda of Ehomba pictured during the community engagement with the Parliamentary Standing Committee on Natural Resources at Ouroutumba village on Tuesday. (Photo: Contributed)

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NKURENKURU, 11 August 2026 - Member of the Parliamentary Standing Committee on Public Accounts, Inna Hengari.(Photo: Lylie Joel) NAMPA

NKURENKURU, 11 August 2026 - Member of the Parliamentary Standing Committee on Public Accounts, Inna Hengari.(Photo: Lylie Joel) NAMPA

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NKURENKURU, 11 August 2026 - Nkurenkuru Town Council Acting Chief Executive Officer Magana Mukuve. (Photo: Contributed)

NKURENKURU, 11 August 2026 - Nkurenkuru Town Council Acting Chief Executive Officer Magana Mukuve. (Photo: Contributed)

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WINDHOEK, 11 August 2026 -  Feminists and women’s rights advocates pictured during a discussion at the African Feminism Forum in Windhoek. (Photo: Contributed)

WINDHOEK, 11 August 2026 - Feminists and women’s rights advocates pictured during a discussion at the African Feminism Forum in Windhoek. (Photo: Contributed)

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HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

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HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

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