SYDNEY (Reuters) – Asian shares languished near one-month lows on Wednesday as investors speculated surging commodity prices and growing inflationary pressure in the United States could lead to earlier rate hikes and higher bond yields globally.FILE PHOTO: TV camera men
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Asia shares, commodities firm on recovery bets; A$ hit by China move
TOKYO (Reuters) – Asian shares rose on Thursday and commodity prices held near multi-year highs as investors switched to cyclicals amid hopes of a strong economic recovery, while the Australian dollar fell after China said it would end economic dialogue
Toshiba CEO resigns, shares surge on bidding war expectations
TOKYO (Reuters) – Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that more suitors were planning offers.FILE PHOTO: Toshiba Corp CEO
World stocks hit record high, powered by Wall Street
LONDON (Reuters) – Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding U.S. inflation fears, with the lack of inflation pressure keeping bond yields near two-week lows.FILE PHOTO: A man walks past a stock
Stocks firm near record as easing U.S. inflation fears lift Wall Street
(Reuters) – Global stocks held firm near record highs on Friday as receding inflation fears in the United States pushed down bond yields and lifted Wall Street, though softness in Chinese shares capped gains in Asia.FILE PHOTO: A man walks
Stocks edge up as Biden spending plan boosts U.S. outlook
SINGAPORE/NEW YORK (Reuters) -Stocks crept higher on Thursday following their weakest quarter in a year, while higher Treasury yields supported the dollar, as investors parsed the details of a $2 trillion U.S. government spending plan and hoped for strong jobs
Global shares struggle as U.S. bond yields march higher
LONDON/SYDNEY (Reuters) – Global stocks wavered on Wednesday while the safe-haven dollar held near five-month highs as Treasury yields resumed their upward march before U.S. President Joe Biden announces a multitrillion-dollar plan to rebuild America’s infrastructure.FILE PHOTO: Pedestrians wearing facial
Asia shares higher as investors overlook U.S. hedge fund default
HONG KONG (Reuters) – Asian share markets strengthened Tuesday as investors remained focused on the global vaccination program and shook off worries about a hedge fund default that hit international banking stocks overnight.FILE PHOTO: A man stands on an overpass
Asia shares mixed as broader worries about U.S. hedge fund default ease
NEW YORK (Reuters) – Asian shares were mixed early Tuesday as global investors shook off worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher.FILE PHOTO: A man stands
Australia's CBA and ANZ settle 2016 class action on alleged interest rate rigging
Slideshow ( 2 images )(Reuters) – Australian lenders Commonwealth Bank of Australia and Australia and New Zealand Bank on Monday separately said they had agreed to settle a 2016 class action, filed in the United States against them, for alleged