The yield on two-year U.S. Treasury notes, a rough gauge of interest rate expectations, rose to almost a 15-year high on Tuesday, a day before the Federal Reserve is likely to hike rates by another 75 basis points to curb surging inflation.
U.S. Stocks fell dramatically in early trading Tuesday. The Dow Jones Industrial Average fell nearly 400 points in the first hour of trading.
U.S. homebuilding unexpectedly increased in August as rising rents boosted the construction of multi-family housing to the highest level in more than 36 years, but soaring mortgage rates and high prices are undercutting the overall housing market.
Canada's annual inflation rate eased more than expected in August even as food prices rose at their fastest pace in 41 years, data showed on Tuesday, with economists saying now smaller rate hikes may be best.
Stellantis has chosen Italy's historic carmaking city of Turin for an investment to boost its role in low emission vehicle production and as a centre for the recycling of cars and their parts.
Prince George's net worth stands at $3 billion to date.
Missing Madeleine's parents lose case against Portuguese inspector
Adam Levine's net worth stands at $160 million.
Eleven schoolchildren killed in Myanmar air strike: UNICEF
National mourning ends in Britain after queen's funeral
U.S. private equity firm TPG Inc is set to reach first-close of its new Asia-focused fund at more than $3 billion, two people with direct knowledge of the matter told Reuters.
World Cup sponsors urged to back compensation for Qatar workers
Antitrust authorities may assess whether companies comply with EU data protection rules during their investigations, an adviser to Europe's top court said on Tuesday, dealing a possible blow to Meta Platforms in its fight against the German competition agency.
South Korea plans to announce financial reforms later this year, including its policy on shareholder returns, that could help reduce the "Korea discount" in stock markets, a senior government official told Reuters on Tuesday.
Russia's economy was on track to expand by 5%-6% in 2022 had Western sanctions not derailed growth for years and ushered in a period of technological stagnation, Russian economy veteran Oleg Vyugin told Reuters.
Japanese land prices rose in the 12 months to July 1 for the first time since before the pandemic, thanks to easing of measures to control COVID-19, an annual land ministry survey showed on Tuesday.
Asian markets see rare rally but caution rules as Fed hike nears
PepsiCo Inc has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the U.S.
Haleon on Tuesday said it had notified GSK and Pfizer that it had rejected their requests for indemnification in relation to U.S.-based litigation over the heartburn drug, Zantac.
The Merge came, saw and conquered. Not that you'd guess from crypto prices.
China's crude oil imports from Russia in August surged 28% from a year earlier, data showed on Tuesday, but it handed back its top supplier ranking to Saudi Arabia for the first time in four months.
The Bank of Japan is set to maintain ultra-low interest rates and its dovish policy guidance on Thursday, a decision that comes hours after its U.S.
Misinformation shrouds Philippine martial law era horrors
Asian shares edged up in early trade on Tuesday following a rebound in the final hour of New York trading as investors turned their attention to an expected hefty Federal Reserve interest rate hike this week to tackle inflation.
Japan's core consumer inflation quickened to 2.8% in August to hit the fastest annual pace in nearly eight years, data showed on Tuesday, as pressures from higher raw material costs and a weak yen broadened.
South Korea's opposition to new rules governing U.S.
Politics back as UK's new PM makes debut trip to UN
Auto parts and repair retailer AutoZone posted over $5.3 billion in earnings in its latest financial report, beating Wall Street expectations.
Brazil reports more Amazon fires so far this year than all of 2021
Environmental groups are asking Procter & Gamble Co investors to vote against its chief executive and two directors at its annual meeting next month because they believe the company still uses too much virgin wood pulp in its paper products, according to a filing.