A dollar pullback from 20-year highs and Chinese authorities' pledge to support economic growth offered respite to battered equity markets on Friday, though Wall Street remained poised to open lower after lacklustre earnings from retail giant Amazon.
The dollar held firm at a 20-year high on Friday and was poised to score its best monthly gain in a decade, buoyed by bets on rising U.S.
The dollar edged down from its recent 20-year high on Friday but was still on track for its best month since 2015, having been boosted by a combination of expectations for U.S.
The dollar edged off a 20-year high on Friday, but was within sight of its best monthly gain in a decade, buoyed by bets on rising U.S.
The dollar slipped from 20-year highs against a basket of currencies on Friday but remained on track for the best month in seven years as concerns about the global economy and a hawkish Federal Reserve bolstered demand for the greenback.
Oil prices were mixed on Friday as China's COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products exports from Russia underpinned prices.
Oil prices rose for a fourth day on Friday as Russian supply disruption fears trumped COVID-19 lockdowns in China, the world's biggest crude importer, that are weighing on demand.
Oil prices rose for a fourth day on Friday as fears over Russian supply disruption outweighed the impact of COVID-19 lockdowns in China, the world's biggest crude importer.
Oil prices fell on Friday, reversing in volatile trade, pulled downward by the U.S. heating oil contract that plummeted by more than 20% at one point on the day of its expiration.
Singapore lenders DBS Group and OCBC gave cautious outlooks on Friday after reporting 10% declines in quarterly profits amid weaker economic growth, though their performances still beat analysts' estimates.Though rising interest rates and the full re-opening of Singapore's trade-dependant economy after restrictions during the pandemic spell good news for banks, inflation risks are weighing on their prospects.
The Biden administration is asking Congress to approve $500 million for the farm sector, in a bid to woo U.S.
Rail backlogs in the United States are delaying shipment of grains as well as processed flour and corn syrup, contributing to the national problem of inflation, food and grain companies said at a hearing this week.
Canada's most populous province of Ontario on Thursday forecast steadily declining deficits over the medium term helped by a strong economic recovery, and projected a return to surplus by 2027-28, two years earlier than forecast in the previous budget.
The Port of Antwerp is adapting to losing shipping trade with Russia and its merger with the neighbouring Port of Zeebrugge is set to boost overall volumes in coming years, the group's chief executive said on Thursday.
The European Commission on Thursday warned buyers of Russian gas they could breach sanctions if they converted gas payments into roubles, as officials struggled to clarify the EU's stance on Moscow's payments scheme, which has sowed confusion in the bloc.
Wall Street was set to open higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks, offsetting concerns as data showed U.S.
Wall Street edged higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks and offset concerns around a contraction in U.S.
Wall Street's main indexes rose on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks and offset concerns around a contraction in U.S.
Wall Street rallied on Thursday as a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S.
The recovery in sub-Saharan Africa's major economies will gain little traction this year as weak local currencies undermine a boost to export earnings from high commodity prices, a Reuters poll found on Thursday.
Indonesia's wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at ports and oil mills in the world's top producer, four industry officials told Reuters on Thursday.
Spain's Sabadell on Thursday hit its profitability target of more than 6% earlier than expected following cost savings, lower provisions and a positive contribution from its British unit TSB.
Barclays put share buyback plans on hold pending discussions with U.S.
Barclays put share buyback plans on hold due to scrutiny by U.S. regulators of a trading blunder it announced last month, piling early pressure on new CEO C.S. Venkatakrishnan.
Barclays has put its $1.25 billion share buyback plan on hold until talks with U.S.
Standard Chartered's first-quarter pre-tax profit rose 6%, beating market expectations, as the emerging markets-focused lender benefited from rising interest rates and flagged a robust outlook.
Standard Chartered posted a forecast-beating 6% rise in first-quarter profit, sending its shares sharply higher, as the emerging-markets focused lender benefited from rising interest rates aimed at controlling inflation.
U.S. economic growth unexpectedly contracted in the first quarter as a resurgence in COVID-19 cases disrupted activity, but the decline in output paints a misleading picture of the economy amid solid domestic demand.
The U.S. economy unexpectedly contracted in the first quarter amid a resurgence in COVID-19 cases and drop in pandemic relief money from the government, but the decline in output is misleading as domestic demand remained strong.
The U.S. economy unexpectedly contracted in the first quarter amid a resurgence in COVID-19 cases and drop in pandemic relief money from the government, but the decline in output is misleading as domestic demand remained strong.
