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
Home »
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
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
Credit Suisse overhauls management as it takes $4.7 billion hit on Archegos
ZURICH (Reuters) -Credit Suisse said on Tuesday it will take a 4.4 billion Swiss franc ($4.7 billion) hit from dealings with Archegos Capital Management, prompting it to overhaul the leadership of its investment bank and risk division.FILE PHOTO: The logo
Institutional investors add risk; outlook more positive for 2021: research
LONDON (Reuters) – A rotation by sovereign wealth funds and other institutional investors to add risk since the COVID-19 pandemic, moving from cash and bonds to stocks, may have further to run as many still have large cash positions, according
Archegos fallout wipes over $9 billion from market value of Credit Suisse, Nomura
LONDON/NEW YORK (Reuters) -Investors on Wednesday tallied the fallout from Archegos Capital’s dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed.FILE PHOTO: A logo of Nomura Holdings
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