Relief, caution in Beijing as city lifts Covid dine-in curbs
Bearish investors are ramping up bets against meme stocks GameStop Corp and AMC Entertainment Holdings Inc, spotlighting how short sellers have grown bolder during a broader market selloff that has pummeled risky post-pandemic favorites once beloved by retail traders.
The Swedish government will not inject new capital into SAS, its industry minister said on Tuesday, dealing a blow to the loss-making airline's restructuring efforts and sending its shares down 14% to record lows.
The Swedish government will not inject new capital into SAS, its industry minister said on Tuesday, dealing a blow to the loss-making airline's restructuring efforts and sending its shares down 14% to all-time lows.
The Swedish government will not inject new capital into loss-making airline SAS and does not aim to be a long-term shareholder in the company, Industry Minister Karl-Petter Thorwaldsson told a news conference on Tuesday.
Australia's central bank on Tuesday raised interest rates by the most in 22 years and flagged more tightening to come as it battles to restrain surging inflation, stunning markets and sending bond yields flying.
Australian KFC patrons clucking mad over lettuce-cabbage switch
Stocks lower as World Bank slashes global growth forecast
World shares rebounded on Tuesday on the notion inflation may be peaking after Target Corp said it would offer deep discounts to clear inventory as consumers change their shopping habits, while Treasury yields fell after a surprise rate hike in Australia.
Swedish government averts political crisis with last-minute deal
The U.S. dollar index retreated from earlier highs and fell on Tuesday as U.S.
The U.S. dollar rose to a two-week high as rising U.S. Treasury yields supported the greenback, pushing the Japanese yen to its lowest level against the dollar in two decades.
The U.S. dollar rose to a two-week high as rising U.S. Treasury yields supported the greenback, pushing the Japanese yen to its lowest level against the dollar in two decades.
The Australian dollar surged after the country's Reserve Bank hiked interest rates more than expected, while the yen dropped to a fresh two-decade low against the greenback as worries about persistent inflation pushed up U.S.
The dollar rallied for a second day, reaching a fresh two-decade high against the yen, as worries that inflation would prove sticky lifted Treasury yields while also hurting Asian equities, both to the U.S currency's benefit.
The dollar continued its overnight rally into Asian trading hours on Tuesday, hitting fresh two-decade highs versus the yen, as worries about persistent inflation pushed up U.S.
The U.S. dollar index retreated from earlier highs and fell on Tuesday as Wall Street stocks erased initial declines amid growing hopes that inflation may have peaked, but the greenback managed to hit its highest level in 20 years against the Japanese yen.
Oil prices were steady in a seesaw session on Tuesday as worries about economic growth offset supply concerns and the prospect of higher demand as China relaxes lockdowns set to control the coronavirus pandemic.
Oil prices rose in a seesaw session on Tuesday as the market weighed risk sentiment against supply concerns and the prospect of higher demand after relaxation of China's COVID curbs.
Oil prices were stable on Tuesday as the market balanced risk sentiment with supply concerns and the prospect of higher demand as China relaxes its COVID curbs.
Oil prices edged higher on Tuesday on an expected demand recovery in China as the world's second-biggest economy relaxes tough COVID-19 curbs, and on doubts that a higher output target by OPEC+ producers would ease tight supply.
Oil prices inched higher on Tuesday on expected demand recovery in China as it relaxed tough COVID curbs and doubts a higher output target by OPEC+ producers would ease tight supply.
Wendy's will be adding strawberry to its flavor options for Frosty's.
US orders seizure of two aircraft owned by Russian oligarch Abramovich
A consultation for a global standard to assess companies' claims about progress towards internal climate targets and their use of carbon offset credits launched on Tuesday, seeking to bring transparency to an unregulated market.
Washington accuses Moscow of trying to 'intimidate' US media in Russia
Apple unveils message recall, other 'wish list' features
U.S. Treasury Secretary Janet Yellen faces a gauntlet of tough questions about how the Biden administration has handled the economy in Congress this week, after admitting she was "wrong" about the path inflation would take.
Amazon's stock split may provide some solace to shareholders who have seen the e-commerce giant's shares battered this year.
Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing, as it seeks to expand into the fast-growing export market.
