Global stocks rally as Fed hikes interest rates
The euro jumped on Wednesday amid signs of compromise by Russia and Ukraine in "more realistic" peace talks, while the dollar slid further from almost two-year highs reached over the past week as markets await a likely rate hike by the Federal Reserve.
The euro jumped on Wednesday, set for its third consecutive day of gains, after Russian Foreign Minister Sergei Lavrov said peace talks with Ukraine were not easy but there was hope for compromise.
The euro jumped on Wednesday and was set for its third consecutive daily gains versus the dollar on Wednesday after Russian Foreign Minister Sergei Lavrov said peace talks with Ukraine were not easy but there was hope for compromise.
The Australian dollar jumped on Wednesday after comments from a senior Chinese official boosted hopes for more stimulus, while the U.S.
The dollar traded near a five-year high against the yen on Wednesday as investors awaited a Federal Reserve policy decision, with the Ukraine war and China's surging COVID-19 cases as the backdrop.
Asian share markets rose on Wednesday, with investors' eyes on volatile oil prices, Ukraine-Russia peace talks and the U.S.
Asian share markets rose on Wednesday on a rebound in battered Chinese stocks and ahead of a closely watched meeting of the U.S.
Chinese stocks have been in a perfect storm in recent months.
Oil bounced all over the place on Wednesday in another volatile session as traders reacted to hoped-for progress in Russia-Ukraine peace talks and a surprising increase in U.S.
Oil rose above $100 a barrel in a volatile session on Wednesday, finding support from supply concerns and easing worries about slowing Chinese demand, while signs of progress in Russia-Ukraine peace talks limited gains.
Oil steadied above $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of progress in Russia-Ukraine peace talks and a closely-watched report that cut its forecast of world demand.
Oil fell below $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of progress in Russia-Ukraine peace talks and a closely-watched report that cut its forecast of world demand.
Oil rose almost 3% on Wednesday, back above $100 a barrel, recovering from a decline in the previous session as concern eased about slowing demand in China, although signs of progress in Russia-Ukraine peace talks limited gains.
Oil prices rose as much as $3 on Wednesday, bouncing back after earlier declines, as Russia's invasion of Ukraine continues to stoke volatile trading with ceasefire talks the latest market trigger.
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The London Metal Exchange had hoped to get the global market for nickel motoring again on Wednesday after a week in limbo. It didn't work out as planned.
Nickel trading on the London Metal Exchange (LME) resumes on Wednesday a week after it was suspended with limits on price movements to prevent disorderly trading after wild swings triggered a rare market shutdown.
Japan reported a wider-than-expected trade deficit in February as an energy-driven surge in import costs caused by massive supply constraints added to vulnerabilities for the world's third-largest economy.
South Korea's annual unemployment rate fell to the lowest on record in February, with jobs growth staying at a near 22-year-high, though the increase was mainly due to a low base and the government's fiscal spending.
Japan's top firms have offered pay rises of more than 2% at annual wage talks that wrapped up on Monday, marking an uptick from the previous year but still falling short of Prime Minister Fumio Kishida's request for a bigger increase to spur growth.
Japan's top firms are set to offer pay rises of around 2% or more as annual labour talks wrap up on Wednesday, a boost from last year's razor-thin increase that is still unlikely to kick-start demand in the moribund economy.
Greenland Holdings Corp Ltd, a major Shanghai-based Chinese state-backed property developer responsible for marquee projects at home and abroad, was scrambling for funds late last year, people with direct knowledge of the matter said.
TikTok and The Cannes Film Festival want to bring together "creatives and cinematographers from around the world" through a partnership.
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Wintershall Dea AG said on Tuesday Russian oligarch German Khan, who was sanctioned by the European Union, was stepping down from its board, causing further upheaval at the German oil company with several ties to Russia.
A leading Generali shareholder on Tuesday proposed naming the Italian insurer's head of Austria as its new chief executive, in a challenge to the reappointment of Philippe Donnet.
Walmart will add the 5,000 new hires as it adds two new tech hubs in Toronto and Atlanta under its Global Tech unit.
