The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome Powell said on Monday, adding that it could use bigger-than-usual interest rate hikes if needed to do so.
Ukraine faces a possible grain revenue loss of $6 billion as the blockade of its ports by Russian forces prevents it from selling millions of tonnes of wheat and corn that had been earmarked for export by June, a senior industry official said.
The U.S. Treasury yield curve is increasingly pointing to the risk of an approaching recession, with markets clearly doubting the U.S.
Sharp moves in the U.S. Treasury market are increasingly pointing to the risk of an approaching recession, with "bond vigilantes coming out of the woodwork" and markets doubting the U.S.
The U.S. Securities and Exchange Commission on Monday unveiled a landmark proposal requiring public companies to disclose their greenhouse gas emissions and other climate change-related risks in their periodic filings, such as annual reports.
A Sri Lanka government-appointed committee on Monday said the crisis-hit country's central bank and finance ministry must form a team to seek urgent international financial assistance as its economy reels under a foreign currency shortage.
Apollo Infrastructure, a unit of investment firm Apollo Global Management Inc, has agreed to buy a stake in Spanish road freight operator Primafrio, the companies said in a joint statement on Monday.
The U.S. securities regulator on Monday will unveil a landmark proposal requiring public companies to disclose greenhouse gas emissions, part of President Joe Biden's efforts to fight climate change.
The U.S. securities regulator on Monday proposed requiring U.S.-listed companies to disclose a range of climate-related risks and greenhouse gas emissions, part of President Joe Biden's push to join global efforts to avert climate-related catastrophes.
The path to permanent joint bond sales by euro zone governments will be long and bumpy, but Russia's invasion of Ukraine may have helped clear the way.
Wall Street closed lower on Monday, with stocks extending their slide after U.S.
Wall Street slid on Monday, dipping deeper into negative territory after U.S.
Wall Street's main indexes fell on Monday as Federal Reserve Chair Jerome Powell's comments sparked bets of more aggressive interest rate hikes, adding to investor concerns as the Ukraine conflict rages on.
Wall Street closed lower on Monday, with stocks extending their slide after U.S.
After Russia's invasion of Ukraine sent global wheat futures soaring, U.S. farmer Vance Ehmke was eager to sell his grain.
Federal Reserve Chair Jerome Powell has often pointed to the months before the pandemic as a heyday for the U.S.
Egypt's pound depreciated by almost 14% on Monday after weeks of pressure on the currency as foreign investors pulled out billions of dollars from Egyptian treasury markets following Russia's invasion of Ukraine.
Egypt devalued its pound by 14% on Monday after Russia's invasion of Ukraine prompted foreign investors to pull billions of dollars out of Egyptian treasury markets, putting pressure on the currency.
European shares inched lower in choppy trading on Monday, as continued fighting in Ukraine weighed on investor sentiment, while gains in energy stocks kept the losses in check.
European shares were subdued at the close on Monday after choppy trading, as the surge in energy stocks was offset by tinvestor concerns around fighting in Ukraine.
European shares were subdued at the close on Monday after choppy trading, as the surge in energy stocks was offset by investor concerns around fighting in Ukraine.
China is considering offering a $1.5 billion credit facility to Sri Lanka and a decision is expected soon, a top Chinese official said on Monday, as part of efforts to help the island nation amid its worst economic crisis in decades.
Hedge funds went into the Fed's interest rate lift-off wagering on a stronger dollar and steeper U.S.
The Japanese yen continued its slide on Monday morning, while the aussie and kiwi remained bid, with traders eying a string of public remarks by global central bank policy makers this week, including Fed chair Jay Powell later Monday.
The dollar strengthened against a basket of major currencies on Monday, in the wake of comments from U.S.
The dollar was little changed versus a basket of major currencies on Monday, as investors looked toward comments from U.S.
The dollar edged lower versus major currencies on Monday, with investors awaiting remarks from U.S.
Gold prices rose on Monday, lifted by safe-haven demand as the Ukraine crisis showed no signs of abatement, although the gains were capped by the U.S.
Gold prices edged up on Monday as fighting in Ukraine buoyed demand for the safe-haven asset, although strength in U.S. bond yields restricted bullion's gains.
Gold prices rose on Monday as fighting in Ukraine boosted demand for safe-haven bullion, while investors kept a close tab on Moscow-Kyiv peace talks.