IBT Staff Reporter

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The euro rose on Monday as markets focused on European Central Bank tools to fight fragmentation in the currency bloc, shrugging off the risk of political gridlock in France for now after President Emmanuel Macron lost an absolute majority in a parliamentary election.

The euro rose on Monday as markets focused on the European Central Bank's tools to fight fragmentation in the currency bloc, looking through the risk of political gridlock in France for now after President Emmanuel Macron lost an absolute majority in the country's parliamentary election.

The euro rose on Monday despite French President Emmanuel Macron losing an absolute majority in the country's parliamentary election, as the dollar retreated against its major peers after hitting a 20-year peak last week.

The yen wallowed near a 24-year low against the dollar on Monday, licking its wounds after the Bank of Japan last week renewed its commitment to ultra-easy policy and bucked the trend among global peers to rapidly raise interest rates.

The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in a week of massive central bank tightening to renew its commitment to ultra-easy policy.

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Oil prices swung higher in volatile trading on Monday, as traders focused on tight supplies over slowing global economic growth.

Oil prices fell on Monday, continuing last week's losses as concerns about slowing global economic growth overshadowed tight supply.

Oil prices were stable on Monday, struggling to reverse last week's losses as the market balanced tightening supplies with concerns about slowing global economic growth.

Oil prices rose on Monday in volatile trade, reversing earlier losses, as tightening supplies outweighed concerns about slowing global economic growth and fuel demand.

Oil prices edged lower on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand outweighed worries about tightening supplies.

Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies.

Oil prices wobbled early on Monday as investors refocused on tight supplies, though sentiment was still fragile after 6% slump in the previous session amid concerns about slowing global economic growth and fuel demand.

The Supreme Court is expected to deliver an opinion by the end of June that could roll back 50 years of abortion rights in the United States.

An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, as the country's cabinet cleared a constitutional amendment to dilute presidential powers that could assuage protesters amid rising tensions.

An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, with police called to escort a top government official to the negotiations after protesters angry about the economic crisis blockaded the finance ministry.

An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a country just days from running out of fuel and likely months from getting any relief money.

Russian forces captured territory along a frontline river in eastern Ukraine and intensified pressure on two key cities on Monday, after Ukrainian President Volodymyr Zelenskiy predicted Moscow would escalate attacks ahead of an EU summit expected to welcome Kyiv's bid to join the bloc.

Russian forces captured territory along a frontline river in eastern Ukraine on Monday and President Volodymyr Zelenskiy predicted Moscow would escalate attacks ahead of a summit of European leaders expected to welcome Kyiv's bid to join the EU.

Russian forces captured territory along a frontline river in eastern Ukraine on Monday, and President Volodymyr Zelenskiy predicted Moscow would escalate attacks ahead of a summit of European leaders expected to welcome Kyiv's bid to join the EU.

Ukraine's President Volodymyr Zelenskiy predicted Russia will escalate its attacks this week as European Union leaders consider whether to back his country's bid to join the bloc and Russia presses its campaign to win control of east Ukraine.

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Britain plans to make "buy now, pay later" (BNPL) companies carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure adverts are fair and clear, the government said on Monday, in measures to regulate the sector.

Clashes among Syrian rebel groups backed by Turkey ended on Sunday after they agreed to a truce, residents and rebel sources said, easing fears of wider internecine warfare among opponents of President Bashar al Assad's rule.

Four months into the Russian invasion on Ukraine, Lilya, a 22-year-old mother from the eastern city of Bakhmut, decided the time has come to leave the beleaguered region.