Result Page 96 for Latest Economy & Markets News & Archive

A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021.

Asia Stocks Struggle After Dire China Data

Asian share markets were struggling to sustain even a minor rally on Monday after shockingly weak data from China underlined the deep damage lockdowns were doing to the world's second-largest economy.

Japan Wholesale Prices Hit Record 10% As Energy Costs Soar

Women wearing protective masks walk in a shopping district, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan, February 15, 2022.

Japan's wholesale prices in April jumped 10% from the same month a year earlier, data showed on Monday, rising at a record rate as the Ukraine crisis and a weak yen pushed up the cost of energy and raw materials.

Analysis-Trudeau Foe Attacks Bank Of Canada In Party Leadership Bid

Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada March 3, 2022.

The front-runner to head Canada's Conservatives and likely challenger to Liberal Prime Minister Justin Trudeau is staging a rare series of attacks on the central bank as inflation soars, in a strategy to win party leadership that could hurt his chances in a general election.

Cranes dot the skyline as the building of luxury hotels and the renovation of historic buildings are underway, in Havana, Cuba May 16, 2017. Picture taken May 16, 2017.

Cuba Sees Hints Of Recovery, Announces "audacious" Measures To Tame Inflation

Cuba?s ailing economy has begun to recover in some sectors after two years of pandemic-induced contraction but soaring global prices for food and fuel require "audacious" measures to tame inflation, economy minister Alejandro Gil told Cuban lawmakers on Saturday.

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A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013.

Wall Street Ends Tumultuous Week With Broad Rally

Wall Street rallied to end higher on Friday, capping a week of wild market gyrations as relief at signs of peaking inflation vied with fears that policy tightening by the Federal Reserve could tilt the economy into recession.

Column-Spiking 'Misery Indexes' Dare Central Banks To Blink :Mike Dolan

It's Friday the 13th and more than $10 trillion has now been sliced off the value of global stock markets this year while 'Misery Indexes' that blend inflation and jobless rates are spiking.

A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017.

Investors Bet On Bank Of Canada Setting G7 Pace In Move To Neutral Rates

As Canada's economy overheats, the Bank of Canada is likely to be among the first of the major central banks to lift interest rates to a more normal setting even as worries persist about record-high levels of household debt, strategists say.

People wearing face masks walk past a bank, where the Chinese national flag flies at half-mast in Beijing as China holds a national mourning for those who died of the coronavirus disease (COVID-19), on the Qingming tomb-sweeping festival, April 4, 2020.

China April New Bank Loans Tumble As COVID Jolts Economy

New bank lending in China hit the lowest in nearly four and half years in April as the COVID-19 pandemic jolted the economy and weakened credit demand, central bank data showed on Friday, after it pledged to step up support to ward off a sharper slowdown.

A woman shops in a wet market in Kuala Lumpur, Malaysia, February 18, 2016.

Malaysia's Solid Q1 GDP Heralds More Policy Tightening

Malaysia's economic growth picked up pace in the first quarter and was likely to accelerate further this year amid sustained demand and the reopening of international borders, the central bank said on Friday.

Malaysia's Q1 GDP Grows Faster Than Expected On Recovering Demand

Malaysia's economic growth picked up pace in the first quarter on recovering demand and a stronger labour market as the global economy rebounds from the coronavirus pandemic, the central bank said on Friday.

An empty hotel and beach which have opened for visitors is seen in Karon, Phuket Island, Thailand March 31, 2021.

Thailand's Economy Likely Grew Modestly In Q1, Stung By High Inflation: Reuters Poll

Thailand's economy likely grew modestly in the first quarter, thanks to robust exports and an easing of COVID-19 restrictions and despite low tourist arrivals and high inflation dampening consumer spending, a Reuters poll found.

A man holding an umbrella looks at an electronic stock quotation board outside a brokerage in Tokyo April 7, 2015.

World Stocks Clamber Off 18-month Lows, But Markets On Recession Watch

By Carolyn Cohn and Andrew GalbraithLONDON/SHANGHAI - World stocks rose from the previous day's 18-month lows and the dollar pulled back from 20-year highs on Friday, though investors remained nervous about high inflation and the impact of rising interest rates.

U.S. Stock Futures Rebound, Twitter Falls

U.S. stock index futures rebounded ahead of the Wall Street open on Friday, keeping fears of a bear market at bay, though Twitter shares slid after Elon Musk put his $44 billion deal for the company temporarily on hold.

Asian Shares Trim Weekly Losses, Dollar Steady Near 20-year Highs

Asian shares bounced on Friday, but were set for a second straight weekly loss and remained near June 2020 lows, while the dollar hovered near 20-year highs as investors digested worries about strong inflation and tightening central bank policy.

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022

Oil Jumps 4% As U.S. Gasoline Prices Hit Record High

Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the European Union bans Russian oil.

Oil Rises But Fears Of Weaker Demand Limit Gains

Oil prices extended gains on Friday but were headed for their first weekly loss in three weeks as worries about inflation and China's COVID lockdowns slowing global growth offset concerns about dwindling fuel supplies from Russia.

A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois, July 16, 2013.

Column-World Wheat Squeeze Set To Worsen Into 2023, Price Risks Remain -Braun

Despite global wheat prices trading at record highs for the time of year, market participants may have been too optimistic on the supply outlook for the upcoming year if the U.S.

Powell Says Fed Will Fix Inflation, Calls Stable Prices 'Bedrock' Of Economy

Calling stable prices the "bedrock" of the economy, Federal Reserve Chair Jerome Powell said on Thursday that the U.S.

An oil tanker is docked while oil is pumped into it at the ships terminal of PDVSA's Jose Antonio Anzoategui industrial complex in the state of Anzoategui April 15, 2015.

From The Maldives To Venezuela: How Iran Gets Oil To An Ally

A Venezuela-owned tanker in March sailed to a remote spot in the Indian Ocean and met an Iran-flagged vessel, took on a cargo of Iranian condensate and sailed home, according to monitoring services and shipping documents.

A crane is pictured next to lined up containers at the Port of Koper January 14, 2014.

Balkan Companies See 'Near-shoring' Opportunity With Global Supply Woes

As supply chain disruptions caused by the COVID-19 pandemic, war in Ukraine and lockdowns in China hit Western European markets, Balkan companies are hoping to benefit from their close proximity and low labour costs.

A pressure gauge is pictured at a Ukrainian gas compressor station in the village of Boyarka near the capital Kiev January 20, 2009.

Joint Gas Buying No Quick Fix For Europe's Supply Crunch

The European Union's plan for countries to buy gas jointly could maximise supplies and ensure better contract terms in the coming years, but is unlikely to help in the event of a sudden supply cut off, analysts and EU officials said.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Wall Street Whipsaws, S&P Closes Lower On Worries Of Prolonged Inflation

U.S. stocks ended a whipsaw session slightly lower on Thursday, as investors juggled signs of peaking inflation with fears that it could remain elevated, prompting ever more aggressive tightening from the Federal Reserve.

Growth Stocks Drag Wall Street Lower On Rate Hike Worries

Wall Street's main indexes fell on Thursday, with growth stocks leading declines for a second straight session as investors worried that aggressive interest rate increases to curb decades-high inflation could tip the economy into recession.

The Bank of England (BoE) building is reflected in a sign, after the BoE became the first major world's central bank to raise rates since the coronavirus disease (COVID-19) pandemic, London, Britain, December 16, 2021.

UK Names LSE Academic Dhingra To BoE Rate-setting Committee

Swati Dhingra, an associate professor at the London School of Economics, will join the Bank of England's Monetary Policy Committee in August after the term of Michael Saunders ends, Britain's finance ministry said on Thursday.

A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey September 27, 2021.

Traders See A Method To Turkish Lira's Recent Slide

A six-day slide in Turkey's lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar, in a months-long effort to stabilise the exchange rate using its depleted reserves together with other measures.

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