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Banknotes of Japanese yen are seen in this illustration picture taken June 15, 2022.

BOJ Maintains Ultra-low Rates, Warns Against Sharp Yen Falls

The Bank of Japan maintained ultra-low interest rates on Friday and vowed to defend its cap on bond yields with unlimited buying, bucking a global wave of monetary tightening in a show of resolve to focus on supporting a tepid economic recovery.
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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Wall Street Slammed As Recession Worries Mount

U.S. stock indexes tumbled on Thursday, with growth shares bearing the brunt of the selloff, after the Federal Reserve's largest rate increase since 1994 to combat decades-high inflation fanned worries of a recession.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Wall Street Tumbles As Recession Fears Accelerate

U.S. stock indexes dropped on Thursday in a broad sell-off as recession fears grew with moves by central banks around the globe to stamp out rising inflation after the Federal Reserve's largest rate hike since 1994.
Director-General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweala at the opening ceremony of the 12th Ministerial Conference, at the World Trade Organization, in Geneva, Switzerland, June 12, 2022. Martial Trezzini/Pool via

Gridlocked WTO Negotiations Stretch Into Final Day

All-night negotiations at the World Trade Organization aimed at clinching deals on food security, fishing and vaccines paused around dawn on Thursday with no immediate sign that efforts to overcome Indian opposition had succeeded.
Director-General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweala at the opening ceremony of the 12th Ministerial Conference, at the World Trade Organization, in Geneva, Switzerland, June 12, 2022. Martial Trezzini/Pool via

WTO Reaches Initial Deal As India's Defiance Tempered

Major members of the World Trade Organization reached an initial deal on Thursday, winning over India which said it was confident more global accords could be achieved as negotiations on fishing, vaccines and food security entered their final hours.
A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York October 15, 2014.

Analysis-Investors Worry That U.S. Profit Forecasts Are Too High

Concerns are growing that U.S. corporate earnings are increasingly at risk from dizzying inflation, a strong dollar and rising interest rates, complicating the outlook for investors already reeling from the S&P 500's bear market confirmation earlier this week.

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