Business

China holds back Asian shares, dollar stands tall

HONG KONG (Reuters) – Chinese markets dragged on Asian shares on Friday as they failed to latch on to a global record-setting rally after a week in which central banks around the world refrained from any hawkish surprises in a boost to the dollar.FILE PHOTO: A pedestrian looks at various stock prices outside a brokerage […]

Business

'TINA' keeps stocks and bonds going their own way

LONDON (Reuters) – The readout from this week’s brutal selloff in government bond markets seems clear: rising inflation will hustle central banks into panicky interest rate rises, quashing economic growth.FILE PHOTO: A man wearing a protective face mask, following the coronavirus disease (COVID-19) outbreak, walks in front of a stock quotation board outside a brokerage […]

Business

Stocks slip, bond yields bounce as oil fuels inflation angst

HONG KONG (Reuters) – From Europe to Asia, shares fell and government bond yields rose on Wednesday as oil prices hit their highest in seven years, fuelling concerns about rising inflation.FILE PHOTO: A man looks at stock market monitors in Taipei January 22, 2008. REUTERS/Nicky LohThe Euro STOXX 600 fell 1.8%, denting gains made in […]

Business

Analysis: From chips to ships, shortages are making inflation stick

LONDON (Reuters) – Soaring gas prices, staff shortages, a lack of ships — price pressures globally may be picking up faster than anticipated, challenging the view that inflation will prove transitory.FILE PHOTO: A gas burner is pictured on a cooker in a private home in Bordeaux, soutwestern France, December 13, 2012. REUTERS/Regis DuvignauCentral bankers, while […]

Business

Asian stocks steady as calm returns but jitters keep dollar firm

HONG KONG (Reuters) – Asian shares found some calm on Thursday following this week’s heavy China-driven losses although the dollar sat at a more than one-year high against major peers, upheld by lingering safe-haven demand and expectations for tighter U.S. monetary policy.FILE PHOTO: Passersby wearing protective masks are reflected on an electronic board displaying stock […]

Politics

Boris Johnson admits US trade deal bombshell ahead of Joe Biden talks

Boris Johnson clashes with Rigby on UK-US trade deal We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The Prime Minister said he has […]

Business

Wall Street subdued as China data adds to growth doubts

NEW YORK (Reuters) – Global shares were off slightly on Wednesday as cooling inflation eased some fears of an early reduction in monetary stimulus, while a slowing economic recovery and uncertainty over higher taxes kept gains in check.FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York […]

Business

Yields jump, equities waver after U.S. jobs report

NEW YORK/LONDON (Reuters) -The benchmark U.S. Treasury yield jumped on Friday on fears of rising inflation while equity markets wavered after a weaker-than-expected U.S. jobs report likely pushed back when the Federal Reserve will start to reduce its support for the economy.FILE PHOTO: The German share price index DAX graph is pictured at the stock […]

Business

Investors poised to review Fed tapering bets on payrolls data

LONDON (Reuters) – Stock markets held near record highs on Friday and the dollar sank to a one-month low as investors prepared to recalculate their Fed tapering bets on the back of U.S. payrolls data later in the day.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, […]

Business

Stocks shrug off weak China PMIs, dollar slips

HONG KONG (Reuters) – Asia stocks reversed earlier losses while the dollar was pinned near two-week lows on Tuesday, with investors staying mostly cautious on fresh signs of slowdown in China’s economy.FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Beijing, August 27, 2015. REUTERS/Jason Lee/File PhotoMSCI’s […]