BUSINESS

East Asian economic leaders warned on Thursday of risks to the region's outlook and pledged to remain committed to market stability and sound fiscal policy.

The dollar climbed to a fresh 20-year high on Thursday as concerns persisted that central bank actions to drive down high inflation would crimp global economic growth, boosting the currency's safe-haven appeal.

The dollar climbed to a 20-year high on Thursday as concerns persisted that central bank actions to counter high inflation would crimp global economic growth, boosting the currency's safe-haven appeal.

The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will hurt the global economy dampened risk sentiment and drove investors into safe-haven currencies.

The dollar hit a two-decade high on Thursday after U.S. inflation moderated less than markets had expected, keeping the Federal Reserve on course to tighten policy aggressively.

The U.S. dollar held near a two-decade high on Wednesday after U.S.

The products were shipped to Whole Foods stores nationwide.

The tech company was surpassed by Saudi Arabian oil giant Saudi Aramco.

Newly-elected Philippine President Ferdinand Marcos Jr.

US nears 1 mn Covid dead, early epicenter New York seeks to move on

Saudi Aramco becomes world's most valuable company

US eyes trade deal-lite as Southeast Asian leaders gather

Colombia's Gulf Clan sows terror ahead of presidential vote

Gold and other precious metals dropped on Thursday, with palladium shedding more than 8%, as investors flocked to the dollar driven by bets the U.S.

Gold prices wobbled in choppy trade on Thursday, as the dollar hit a 20-year high, balancing support from lower Treasury yields, after monthly U.S.

Gold steadied on Thursday, after U.S. inflation data lifted prices over 1% in the previous session, as traders were cautious about the Federal Reserve's policy stance amid fears of a build-up in underlying inflation pressures.

Gold prices inched lower on Thursday as the dollar scaled a fresh two-decade peak after April U.S.

Gold and other precious metals dropped on Thursday, with palladium shedding more than 8%, as investors flocked to the dollar driven by bets the U.S.

Gold fell on Thursday, dragging other precious metals along, as the dollar scaled a fresh two-decade on renewed expectations the Federal Reserve would stick to its aggressive rate-hike roadmap.

Walt Disney Co's quarterly results show a path for signing up a quarter billion subscribers: international expansion.

Developer Sunac China missed the deadline for coupon payments on a $742 million offshore bond and said on Thursday it does not expect to make payments coming due on other bonds, adding to a wave of defaults in China's debt-laden property sector.

Oil prices rose on Thursday, reversing earlier losses, as supply concerns and geopolitical tension in Europe got the upper hand over the economic fears dogging financial markets as inflation soars.

Investors have been reducing valuations of Latin American startups during the global stock market rout and in an environment of higher interest rates, said Sergio Furio, founder of unicorn fintech Creditas.

A Bank of Japan policymaker said it was inappropriate to change monetary policy for the purpose of controlling exchange rates, a summary of opinions at the April meeting showed, brushing aside the idea of countering sharp yen falls with interest rate hikes.

Baby formula shortage sends US parents into panic

Tesco, Britain's biggest retailer, has tied-up with office rental firm IWG so that people can use their local supermarket as an office.

The Consumer Price Index, a measure of the cost of living across the U.S., rose at an annual rate of 8.3% in April, slightly below the 8.5% in March.

Canada's biggest life insurers, Manulife Financial and Sun Life Financial on Wednesday reported core earnings fell from a year ago as the COVID-19 pandemic took a toll on their Asian earnings, with Manulife also missing estimates.

Facebook-owner Meta Platforms Inc is preparing cutbacks in its Reality Labs division, a unit at the center of the company's strategy to refocus on hardware products and the "metaverse," a spokesperson confirmed to Reuters on Wednesday.