ECONOMY & MARKETS

U.S. stock indexes fell for a second straight day on Friday, with elevated Treasury yields dragging down growth shares, after stronger-than-expected jobs data fueled investor worries of aggressive interest rate hikes to tame surging inflation.

Wall Street's main indexes extended losses on Friday as investors worried that the Federal Reserve will need to be more aggressive than expected in raising interest rates to combat inflation.

U.S. stock indexes fell on Friday as investors worried over soaring Treasury yields and the prospect of more Fed rate hikes.

People and businesses in Britain need to realise they are unlikely to recover the income lost to high inflation any time soon, the Bank of England's chief economist said on Friday in the latest warning from the central bank of tough times ahead.

Gianni Polidori served a final espresso in his freshly renovated cafe in the Italian port of Ancona at the end of March.

U.S. job growth increased more than expected in April as manufacturers boosted hiring, underscoring the economy's strong fundamentals despite a decline in output in the first quarter.

U.S. job growth increased more than expected in April amid strong hiring in manufacturing as well as the leisure and hospitality industry, underscoring the economy's strong fundamentals despite a drop in output in the first quarter.

Malaysia's palm oil inventories at the end of April likely rose for the first time in six months as production and imports climbed, a Reuters survey showed on Friday.

The U.S. dollar hit 20-year highs and world stocks fell towards their lowest in over a year on Friday as markets anticipated more U.S.

Asian shares tumbled to their lowest in seven weeks on Friday and the dollar stood tall as investors globally shunned riskier assets over fears that higher U.S.

Asian shares tumbled on Friday while the U.S. dollar and Treasury yields rose in a reversal of a day earlier after investors expressed concerns that rising interest rates could hurt global economic growth.

U.S. Treasury yields were mixed and global stock markets slid further on Friday as U.S.

U.S. stock futures were indicating a lower open on Friday following a slide in the previous session on U.S.

Long-dated U.S. Treasury yields surged and global stock markets slid further on Friday as investors worried the Federal Reserve may not be able to curb inflation in the years ahead even as U.S.

Long-dated U.S. Treasury yields surged and global stock markets slid further on Friday as investors worried the Federal Reserve may not be able to curb inflation in the years ahead despite U.S.

Export prices of rice from India rose this week on increasing demand from Asia and Africa, while dwindling supplies of the staple lifted Vietnamese rates.

The parallels between the Federal Reserve's interest rate hikes of 1994-95 and the cycle now underway are becoming clearer, and policymakers are hoping for a similar outcome: no recession.

The parallels between the Federal Reserve's interest rate hikes of 1994-95 and the cycle now underway are becoming clearer, and policymakers are hoping for a similar outcome: no recession.

Italy is beefing up a 1.5-billion-euro ($1.6 billion) money pot destined for state-owned bank Monte dei Paschi di Siena (MPS), three sources close to the matter said, adding it was still unclear by how much it would increase it.

Venezuela's oil exports fell 8% in April from the previous month amid continued delays linked to poor-quality crude grades and insufficient oil upgrading capacity available, according to documents and vessel monitoring data on Thursday.

Brazil's direct sales of crude will more than double this year and rise sharply this decade, as oil majors deliver more of their output to the government under production sharing agreements, according to a state official.

A trio of U.S. banking regulators unveiled Thursday a renewed attempt to update fair lending rules for banks, with an eye toward modernizing the rules to reflect the rise of online banking while clarifying requirements for the industry.

Euro zone government bond yields extended their decline on Thursday after the Bank of England slashed its forecast for the British economy in 2023.

Euro zone borrowing costs were up on Thursday as a jump in U.S. Treasury yields the day after the Federal Reserve policy meeting outweighed dovish signals from the Bank of England.

U.S. stocks closed Thursday sharply lower as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike would not be enough to tame surging inflation.

U.S. stocks were set for a lower open on Thursday, a day after the Federal Reserve's less aggressive tone sparked a rally on Wall Street, with investors keeping an eye out for jobs data this week for more clues on future rate hikes.

U.S. stocks ended Thursday sharply lower amid a broad sell-off, as investor sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike the previous day would not be enough to tame surging inflation.

Apollo Global Management Inc said on Thursday its first-quarter earnings jumped more than three times thanks to strong growth in income from management fees and profit from its retirement services business.

India's central bank is expected to frontload more aggressive interest rate hikes in its effort to tame high inflation, at least until its repo rate hits its pre-COVID level of 5.15%, economists said after a long-anticipated rate hike on Wednesday.