ECONOMY & MARKETS

Gold prices rose on Tuesday as investors sought the safe-haven asset amid fears over global growth and soaring inflation, though bets of aggressive U.S.

Gold rose on Tuesday, recovering slightly from a retreat to an over one-month trough in the last session, as investors sought cover from fears of stalling global growth and soaring inflation.

Asian shares bounced up on Tuesday after a late revival on Wall Street, though global growth fears stoked by China's strict COVID-19 curbs and an expected streak of aggressive Federal Reserve tightening sapped risk appetite.

World shares steadied on Tuesday after a late revival on Wall Street, although global growth fears stoked by China's COVID-19 curbs and fears of aggressive Fed tightening sapped risk appetite, lifting the dollar to new two-year highs.

World shares steadied on Tuesday after a late revival on Wall Street, although global growth fears stoked by China's COVID-19 curbs and fears of aggressive Fed tightening sapped risk appetite, lifting the dollar to new two-year highs.

U.S. shares tumbled on Tuesday, with the Nasdaq posting its steepest one-day rout since September 2008, while European stocks extended losses for a third session as investors warily awaited U.S.

Indonesia will ban exports of RBD palm olein from midnight on April 28 until prices of bulk cooking oil drop to 14,000 rupiah per litre, a senior minister said on Tuesday, while a document showed it was prepared to widen the ban if there are shortages.

Japanese Finance Minister Shunichi Suzuki said there was "no truth" to media reports that he had discussed with U.S.

The dollar climbed to around a two-year high against the euro and an 18-month high versus the pound as fears about the economic impact of China's COVID-19 lockdowns and an aggressive pace of U.S.

The dollar held near a two-year peak on Tuesday as concerns about the economic impact of China's COVID-19 lockdowns held up the greenback's safe-haven appeal and aggressive U.S.

By Mohi NarayanOil prices bounced on Tuesday, steadying after a sharp fall of 4% in the previous session, as worries over China's fuel demand were soothed by the central bank's pledge to support an economy hit by renewed COVID-19 curbs.

By Rowena EdwardsLONDON -Oil prices fell on Tuesday as China's capital Beijing expanded its COVID mass testing, heightening demand concerns and outweighing the prospect of supply disruptions.

By Rowena EdwardsLONDON -Oil prices rose modestly in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand.

By Rowena EdwardsLONDON - Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand.

By Arathy SomasekharHOUSTON -Oil prices settled higher on Tuesday, rebounding in volatile trading as the market weighed China's plans to support its economy against a possible coronavirus lockdown in its capital Beijing.

The Asian region faces a "stagflationary" outlook amid significant uncertainty with economic growth being lower than previously expected and inflation being higher, a senior International Monetary Fund (IMF) official said on Tuesday.

South Korea's economic growth nearly halved in the first quarter from the preceding three months on coronavirus curbs and surging inflation, while a slowing Chinese economy clouded the outlook for the coming months.

The Brazilian real has returned to the list of worst currencies among its peers with two sessions of heavy losses, suffering a blow from the rallying dollar after benefiting from a crowded carry trade, with increased tensions in Brasilia giving traders a reason to get out.

President Joe Biden's nominees to the Federal Reserve moved a step closer to their expected Senate confirmation this week after Lael Brainard, Biden's pick to be the U.S.

Lael Brainard, one of President Joe Biden's four nominees to the Federal Reserve, is poised to become the U.S.

Evidence is rapidly mounting that Britain's cost of living crisis is starting to bite, and hedge funds are in prime position to cash in on sterling's equally rapid slide against the dollar.

After a rocky week for U.S. stocks, a number of Wall Street strategists are pointing to reasons for further caution as investors face tightening monetary policy, corporate earnings, seasonal weakness and other factors that could spell more trouble for equities.

U.S. stock indexes fell on Monday, extending a sharp selloff from last week as fears over China's COVID-19 outbreaks spooked investors already worried about faster U.S.

Wall Street was mixed Monday, with China's COVID-19 outbreaks spooking investors already worried about rising U.S.

Wall Street was mixed Monday, with investors worrying about rising interest rates and China's COVID-19 outbreaks, while Twitter gained after agreeing to be bought by Elon Musk.

The Nasdaq ended sharply higher on Monday, with growth stocks staging a late-day rally after Twitter agreed to be bought by billionaire Elon Musk.

Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be bought by billionaire Elon Musk, sparking a late day rally in growth stocks.

New York City pension leaders said the $262 billion system will mostly favor calls for sharp limits on fossil fuel lending at top banks this week, giving a late boost to activists who have gained little backing from proxy advisers.

Indonesia's agriculture ministry said on Monday that crude palm oil shipments would be excluded from a planned palm oil export ban, according to a copy of an official letter sent to local government leaders.