TOKYO (Reuters) – Asian shares advanced and U.S. long-dated bond yields edged up to a five-month high on Wednesday on rising optimism about the global economy and corporate earnings while the yen slipped to a four-year low on the dollar.FILE
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World shares dip as China growth disappoints, oil extends rally
MILAN (Reuters) – World shares dipped on Monday after data showed slower-than-expected growth in China’s economy last quarter and surging oil prices fed inflation concerns.FILE PHOTO: A woman goes past the Italian Stock Exchange in Milan, as the country is
Stocks and bonds reel under stagflation threat
LONDON (Reuters) – A selloff in global stocks extended into Tuesday on signs that soaring energy prices had put a dampener on economic growth, while inflation and policy-tightening fears sent short-dated U.S. Treasury yields to 18-month highs.FILE PHOTO: The London
Dollar hits 2-1/2-year high against yen as Fed tapering seen on track
TOKYO (Reuters) – The dollar ticked up to a 2-1/2-year high versus the yen on Monday after a soft U.S. payrolls figure did little to alter market expectations that the U.S. Federal Reserve will announce it will start tapering its
Dollar near 14-month high to euro, focus on inflation
LONDON (Reuters) – The dollar held close to a 14-month high against the euro on Thursday, as a surge in energy prices raised the risk for the U.S. Federal Reserve to act sooner to normalise policy.FILE PHOTO: U.S. one hundred
Asian shares fall with oil at multi-year highs, U.S. yields surge
HONG KONG (Reuters) – Asian shares dropped on Wednesday and U.S. benchmark yields rose to a three-and-a-half month top as investors stayed jittery about inflation with oil prices reaching new multi-year highs.Slideshow ( 2 images )MSCI’s broadest index of Asia-Pacific
Dollar firm ahead of payrolls; kiwi shrugs off rate hike
SINGAPORE (Reuters) – The dollar inched higher in choppy trade on Wednesday amid heightened nerves about the global growth outlook and as traders awaited U.S. jobs data for a clue on the timing of Federal Reserve policy tightening.FILE PHOTO: U.S.
Dollar firm ahead of payrolls; kiwi awaits RBNZ decision
SINGAPORE (Reuters) – The dollar hovered close to its highs for the year in choppy trade on Wednesday as investors’ focus turned to U.S. jobs data and to a likely rate hike in New Zealand.FILE PHOTO: U.S. dollar banknotes are
Dollar set for best week since June on expected Fed tightening
LONDON (Reuters) – The dollar began the last quarter of 2021 near its highest levels of the year, and was headed for its best week since June as investors expected a hawkish-sounding Federal Reserve to lift U.S. interest rates sooner
Hedge fund Elliott builds stake in Toshiba
NEW YORK/TOKYO (Reuters) -Hedge fund Elliott Management said it has built a stake in troubled Japanese industrial conglomerate Toshiba Corp, which is undertaking a strategic review amid pressure from other shareholders.FILE PHOTO: Toshiba’s logo is seen at an industrial area