The S&P 500 rose for a third day on Monday, as a sharp climb in shares of Tesla overshadowed weakness in energy and bank stocks, while Russia and Ukraine were poised to hold their first face-to-face peace talks in more than two weeks.
Thailand's economy could grow 3.0%-3.5% this year, less than an earlier forecast due to soaring oil prices driven by the Russia-Ukraine war, and the key interest rate should remain low to underpin recovery, the finance minister said on Monday.
The Japanese yen crashed to a six-year low versus the dollar on Monday, and headed for its biggest daily loss since March 2020 after the Bank of Japan moved to contain rising bond yields, even as U.S.
U.S. Treasury yields paused their ascent on Monday as oil prices skidded by more than $8 over fears of weaker Chinese demand, while the yen suffered its biggest daily fall since 2020 as Japan's central bank stood in the way of higher yields.
U.S. Treasury yields paused their ascent on Monday as oil prices fell on fears of weaker Chinese demand, while the yen at one point suffered its biggest daily fall since 2020 after Japan's central bank vowed to defend its low-rate policy.
World stock markets cast aside fears of rising interest rates on Monday with the tech-heavy U.S.
Side-by-side declines in U.S. equity and fixed income markets are pushing investors into cash, commodities and dividend-paying stocks as geopolitical uncertainty and worries over a hawkish Federal Reserve rock asset prices.
The United States is done "sitting on its hands" and will more actively pressure China, the world's second largest economy, to change trade practices that Washington believes distort the market, top U.S.
A group of U.S. Senate Democrats is pressing large U.S. banks to scrap or significantly reduce overdraft and other fees they charge customers with insufficient funds.
The Bundestag lower house on Friday approved legislation requiring Germany's privately-operated gas storage facilities to be full at the start of the next winter, to try to avert shortages in the event of a halt in Russian gas imports.
Contracts to buy U.S. previously owned homes dropped to the lowest level in nearly two years in February, weighed down by a persistent shortage of properties, and activity could remain sluggish amid increasing mortgage rates and high house prices.
Mutual funds that invest in emerging market (EM) equities and bonds have faced huge outflows over the past month, as the intensifying Russia-Ukraine crisis spawns fears over higher inflation and slower economic growth in these markets.
In the early stages of sanctions drafting against Moscow, one idea gained traction in Brussels - a ban on the import of Russian coal - until the European Union's biggest economy Germany struck it down, two sources told Reuters.
China's state-run Sinopec Group has suspended talks for a major petrochemical investment and a gas marketing venture in Russia, sources told Reuters, heeding a government call for caution as sanctions mount over the invasion of Ukraine.
China's state-run Sinopec Group has suspended talks for a major petrochemical investment and a gas marketing venture in Russia, sources told Reuters, heeding a government call for caution as sanctions mount over the invasion of Ukraine.
European shares ended a choppy session slightly higher on Friday but were down on the week as investors worried about the fallout from the Russia-Ukraine conflict, while a rally in the commodities sector kept a lid on declines.
Gold was on course to gain for the week as concerns over the war in Ukraine and rising prices boosted its appeal as a safe-haven and an inflation hedge, but prices eased on Friday as U.S.
Gold prices were little changed on Friday, as firmer U.S. Treasury yields offset non-yielding bullion's demand, but the metal was cautiously on course for its best week in three.
Gold was on course to gain for the week as concerns over the war in Ukraine and rising prices boosted its appeal as a safe-haven and an inflation hedge, but prices eased on Friday as U.S.
The hit to Europe from an economic war with Russia over its invasion of Ukraine pales against the blow to Moscow - but another recession may still be the price to pay.
The board of the International Monetary Fund on Friday approved a new agreement with Argentina for $45 billion, three sources with direct knowledge said, clearing the final hurdle to rework the country's debt with the Washington-based lender.
Oil prices slipped on Friday, with some supply concerns easing on expectations that crude exports would resume from Kazakhstan's CPC terminal, while the European Union remained split on whether to impose an oil embargo on Russia.
Crude prices rose more than 1% to over $120 a barrel on Friday, as traders reconciled the impact of a missile attack on an oil distribution facility in Saudi Arabia with a possible release of oil reserves by the United States.
Canadian Prime Minister Justin Trudeau's surprise power-sharing deal with the smaller left-leaning New Democrats will lead to heftier deficits and threatens to upend the Liberal government's promise to rein in runaway inflation, economists said.
U.S. refiners have begun snapping up fuel oil cargoes from the Middle East this month after U.S.
The Federal Reserve needs to raise interest rates this year and next to bring down high inflation before it gets embedded in American psychology and becomes even harder to get rid of, Chicago Fed President Charles Evans said on Thursday.
The Federal Reserve needs to raise interest rates "in a timely fashion" this year and in 2023 to curb high inflation before it is embedded in U.S.
EU lawmakers on Thursday backed lower price caps on wholesale roaming fees paid by telecoms operators to peers in another EU country, extending for a decade a policy that benefits consumers.
Wall Street's main indexes rose on Thursday, as investors bought beaten-down chipmakers and megacap technology shares while grappling with the fallout of Ukraine war as the United States and Britain further tightened sanctions on Russia.
Minneapolis Federal Reserve Bank President Neel Kashkari on Thursday said he has penciled in seven quarter-point interest rate hikes this year to help rein in high inflation, but warned against going too far.