China jitters drag Asian stocks to seven-month low

HONG KONG (Reuters) – Asia’s stocks fell to fresh seven-month troughs on Tuesday, led by a third straight session of heavy selling of Chinese internet giants, while bond and currency markets clung to tight ranges ahead of the Federal Reserve

Digger trucks drafted in to rescue people stranded in China floods

ZHENGZHOU, China (Reuters) -Workers driving construction vehicles helped to rescue stranded residents and deliver food to those still trapped on Friday after days of torrential rain swamped the central Chinese city of Zhengzhou. As floodwaters began to recede, rescuers in

BOJ's price outlook views muddled by commodity rise, weak spending

TOKYO (Reuters) – Bank of Japan policymakers saw the price outlook muddled by rising global commodity costs and soft consumption, minutes of their June meeting showed, underscoring the central bank’s policy conundrum brought on by the COVID-19 pandemic.FILE PHOTO: A

Stocks recover even as global recovery fears linger

LONDON/HONG KONG (Reuters) – European shares bounced back from their worst day of the year on Tuesday, but German bond yields slipped to fresh five-month lows as a reminder that investors remained worried the spread of the Delta coronavirus variant

Asian shares slip as investors look past upbeat tech earnings

TOKYO (Reuters) – Asian shares headed lower on Friday as profit-taking in Taiwanese chip giant TSMC, despite record profits, weighed on other tech firms and broader risk sentiment, while a more dovish U.S. rates outlook kept bond yields near multi-month

COVID Delta upsurge keeps stock and commodity bulls in check

LONDON (Reuters) -An upsurge in new infections caused by the Delta coronavirus variant capped equity and commodity price gains on Monday, with Wall Street tipped to open lower and bond yields holding just above multi-week lows.FILE PHOTO: An investor looks

Dollar eases as risk appetite makes cautious return

NEW YORK (Reuters) -The U.S. dollar softened slightly on Friday, along with the Japanese yen and the Swiss franc, as risk appetite recovered, with the rally in U.S. Treasuries running out of steam and global stock markets steadying.FILE PHOTO: Euro,

Euro stands tall in broad risky FX bets rout

LONDON (Reuters) – The euro climbed across the board on Thursday and the Japanese yen was on track to post its biggest daily rise this year as investors dumped risky positions in currency markets in a broad-based unwinding by some

Tech whacked by Chinese crackdown; rate rumblings rally bonds

SINGAPORE (Reuters) – Asian stocks fell to a six-week low on Thursday as investors sold companies caught in a widening Chinese tech crackdown, while a surprising hint at monetary easing in China raised questions about the strength of the global