The tech-heavy Nasdaq climbed over 1% on Wednesday as investors digest the latest earnings as positive signals of the economy, albeit rising concerns on inflation and a tightening Fed.
Wall Street closed higher on Wednesday with the tech-heavy Nasdaq booking a nearly 2% gain on positive earnings signals with a wary eye on inflation and more interest rate hikes by the Fed.
Ukraine will ask international bondholders to agree to a 2-year delay on its debt payments so it can focus its dwindling financial resources on repelling Russia, a government resolution published on Wednesday showed.
The Pakistan rupee slid further against the U.S. dollar on Wednesday, as the local foreign exchange association warned that panic was spreading through the currency market following the sharp declines this week.
Pakistan's finance minister on Wednesday blamed the rupee's slide on political turmoil, saying he expects market jitters over the currency's sharp decline to subside soon.
Surging petrol and food prices last month pushed British inflation to its highest rate in 40 years, according to official figures that bolstered the chances of a rare half percentage-point Bank of England interest rate hike next month.
Surging petrol and food prices last month pushed British inflation to its highest rate in 40 years, according to official figures that bolstered the chances of a rare half percentage-point Bank of England interest rate hike next month.
There's a weary acceptance among investors of almost inevitable market volatility around Italy's latest political upheaval - but that's where the hand-wringing tends to end this time.
A revolt by Chinese homebuyers, who have threatened to stop paying mortgages on hundreds of unfinished housing projects, is spurring a shakeout among cash-starved property developers who have long relied on pre-sales of apartments.
The European Union will set out emergency plans on Wednesday to reduce gas demand within months, warning countries that without deep cuts now they could struggle for fuel during winter if Russia cuts off deliveries.
Thailand's economy has clearly recovered and the central bank will ensure the recovery is not interrupted by efforts to tackle higher inflation, the central bank chief said on Wednesday, amid expectations of an interest rate hike.
World shares hit a three-week high on Wednesday as strong U.S.
A gauge of global stocks rose for a fourth straight day on Wednesday, buoyed by optimism over the early stages of the U.S.
Asian shares extended a global rally on Wednesday as strong U.S.
The euro held near two-week highs versus the dollar on Wednesday on expectations of a bigger ECB interest rate increase this week than earlier anticipated and a Reuters report that a key Russian gas pipeline would reopen on time after maintenance.
The U.S. dollar rose against the euro on Wednesday in a choppy session, but its gains were capped as traders were hesitant to drive big moves ahead of a crucial European Central Bank policy decision on Thursday.
Oil prices fell on Wednesday, after U.S. government data showed lower gasoline demand during the peak summer driving season and as interest rate hikes by central banks to fight inflation fed fears the economy could slow, cutting energy demand.
Oil prices slipped on Wednesday, after U.S. government data showed lower gasoline demand during the peak summer driving season and as interest rate hikes by central banks to fight inflation fed fears the economy could slow, cutting energy demand.
Oil prices fell slightly in early Asian trade on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S.
Oil prices edged down on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S. crude inventories as product demand weakens.
Australia's top central banker on Wednesday indicated a steady drum beat of interest rate rises were needed to stop a damaging inflationary cycle developing, and suggested rates could at least double from current low levels.
British employers agreed average pay rises of 4% with their staff in the three months to the end of June, the joint-highest since 1992 but falling further behind inflation, industry data showed on Wednesday.
Almost half of Britons are changing what they buy to feed their families as they try to navigate a worsening cost-of-living crisis, according to survey data published on Wednesday.
Argentina's peso surpassed the psychological barrier of 300 pesos per U.S.
British financial regulators will have to promote the global competitiveness of the country's financial sector, though a plan for more government oversight of their work has been put on hold for now, finance minister Nadhim Zahawi said on Tuesday.
Zambia's creditors are expected to commit to debt relief needed to unlock $1.4 billion from the IMF on Wednesday or Thursday, two sources familiar with the situation said, as the country and its lenders seek to end a drawn-out restructuring process.
Zambia's creditors are to commit to debt relief needed to unlock $1.4 billion from the IMF in the next day or two, a source familiar with the situation said on Tuesday, as the country and its lenders seek to end a drawn-out restructuring process.
Nigeria's central bank raised its benchmark lending rate to 14.0% from 13.0% in another effort to rein in soaring inflation, and warned of further tightening if prices continued rising.
Wall Street's main indexes rose on Tuesday as the earnings season moves beyond big banks, with investors keeping a close watch on the impact of higher inflation on demand even as a stronger dollar dents profits.
The main U.S. stock indexes extended gains on Tuesday as more companies reported better-than-expected earnings, offering some respite to investors worried about higher inflation denting the corporate bottomline.
