ECONOMY & MARKETS

As the Bank of Japan asserts its standing as a lone dove among its peers, the yen is reclaiming its status as the world's most popular funding currency.

The rouble rose more than 2% versus the dollar on Tuesday as Russia said some troops near Ukraine were returning to their bases after military exercises, easing concerns over a potential invasion that had fuelled a Russian asset sell-off last week.

European stocks recovered some lost ground on Tuesday, following reports that some Russian troops near Ukraine were returning to their bases, while some positive corporate updates also boosted sentiment.

European stocks pulled back some of their recent losses on Tuesday following reports that some Russian troops near Ukraine were returning to their bases, while some positive corporate updates also boosted sentiment.

Supply chain shortages and wage inflation are at the top of a list of concerns for aerospace companies attending a depleted Singapore Airshow amid tight health controls this week.

Emerging Asian bonds ex-China attracted the biggest monthly foreign inflow in five months in January, as some signs of economic recovery in the region eased concerns over monetary policy tightening by major central banks.

Indonesia's export growth slowed more than expected in January, after authorities in the world's top thermal coal exporter banned coal shipments, a move that shocked the global energy market.

Indonesia's export growth slowed more than expected in January, after authorities in the world's top thermal coal exporter banned shipments, a surprise move that drew complaints from importers Japan, South Korea and the Philippines.

Stocks on Wall Street and in Europe rebounded on Tuesday while oil prices fell after Russia indicated it was withdrawing some troops from exercises near Ukraine and President Vladimir Putin said he saw room for further discussion with the West.

Stocks and other risky assets made a modest recovery on Tuesday, halting a market selloff over several days on fears that Russia would invade Ukraine, as investors took confidence from Russia saying that some of its troops were returning to their bases.

Asian share benchmarks dropped on Tuesday as investors contemplated the implications of a potential imminent Russian invasion of Ukraine.

Oil dropped almost 4% from a seven-year high on Tuesday after Russia said some of its military units were returning to their bases after exercises near Ukraine, a move that appeared to de-escalate tension between Moscow and the West.

Oil dropped from a seven-year high to around $94 a barrel on Tuesday, pressured by a report that some troops in Russia's military districts adjacent to Ukraine are returning to bases, a move that could de-escalate tension between Moscow and the West.

Oil tumbled over 3% on Tuesday, retreating from a seven-year high after Russia said some of its military units were returning to their bases following exercises near Ukraine, a move that appeared to de-escalate tension between Moscow and the West.

The Philippine central bank will wait until the end of the year before raising interest rates from a record low 2.0% to support an uneven economic recovery from the COVID-19 pandemic, a Reuters poll found.

Australia's central bank is closer to meeting its economic goals than it has been for years, but is prepared to be patient on policy as wage growth continues to lag even as inflation picks up.

The European Central Bank will raise its deposit rate in the second half of this year, and not wait until 2023 as previously expected, according to a Reuters poll of economists who also sharply upgraded their inflation forecasts for this year.

Japan's economy rebounded in the final three months of 2021 as falling coronavirus cases helped prop up consumption, though rising raw material costs and a spike in new Omicron variant infections cloud the outlook.

U.S. short-term interest rate futures on Monday reflected a reduced chance of an interest rate increase by the Federal Reserve before its two-day March policy meeting.

U.S. imports of new Mexican avocado harvests will stay suspended for "as long as necessary" to ensure the safety of U.S.

Italy's fifth-largest bank BPER Banca has agreed to buy troubled rival Carige, it said late on Monday, in a deal that will end a seven-year crisis at the regional lender.

Tensions between Russia and the West are driving oil prices, rather than the kind of fundamental fuel shortage that would justify accelerated output increases from OPEC+, UAE energy minister Suhail al-Mazrouei said on Monday.

U.S. consumers lowered their expectations for how much inflation will rise in the near-term and medium-term periods, signaling that inflation concerns may be easing, according to a survey released on Monday by the New York Federal Reserve.

A subsidiary of crypto company BlockFi Inc has agreed to pay $100 million to the U.S.

A subsidiary of crypto company BlockFi Inc has agreed to pay $100 million to the U.S.

Emerging markets must brace for monetary tightening in the United States and Europe while central banks must be clearer in their policy communication to avoid confusion, financial leaders of the world's 20 biggest economies are likely to warn this week.

Concern among investors that the U.S. Federal Reserve will fail to control inflation is helping to lift gold prices despite a sharp rise in U.S.

The rouble pulled away from its weakest mark since late January on Monday in topsy-turvy trade, attempting to recover from its sharpest drop in nearly two years on Friday, after Russia proposed more diplomacy over European security concerns.

U.S. Federal Reserve officials continued sparring over how aggressively to begin upcoming interest rate increases at their March meeting, with a final inflation reading just ahead of the two-day session taking on potentially outsized importance.