Dollar Stumbles As Markets Rethink Interest Rate Path
The U.S. dollar slipped on Friday and was heading for its first weekly decline this month as traders dialled down bets on where interest rates may peak and brought forward their views on the timing of rate cuts to counter a possible recession.
Dollar Stumbles As Rate Path Fuels Recession Worries
The U.S. dollar slipped against its major peers on Friday, on course for its first weekly decline this month as investors continue to assess the path for Federal Reserve policy and whether aggressive rate hikes would trigger a recession.
Japan May Factory Output Seen Dipping For 2nd Month On China Lockdown- Reuters Poll
Japan's factory output probably fell in May for a second successive month due to supply chain disruptions caused by strict COVID-19 lockdowns in China, a Reuters poll showed on Friday.
Stocks Temper Their Inflation Expectations On Copper Pounding
World stocks headed for their first weekly gain in a month and Wall Street was set to open higher on Friday on hopes that slides in copper and other commodities could put a brake on runaway inflation.
Markets Pare Back Inflation Expectations As Copper Slides
Global stocks and benchmark U.S. bonds headed for their first weekly gain in a month on Friday, with economic growth worries tempered by a view that sliding copper and other commodity prices could brake runaway inflation.
Bruised Stocks Find Support As Growth Fears Dent Commodities
Global stocks and bonds headed for their first weekly gain in a month on Friday, with growth concerns tempered by hopes that sliding commodity prices can help brake runaway inflation.
Stocks Up As Commodity Slide Offers A Salve For Inflation Fears
Stocks and bonds were both headed for their first weekly gain in a month on Friday as investors wagered on central banks bringing inflation to heel, though growth fears dragged on commodities.
Indonesian Designer's Wheels Behind Leaders' Bamboo Bike Bromance
Indonesian designer's wheels behind leaders' bamboo bike bromance
Boris Johnson Under Pressure After Crushing UK Election Defeats
Boris Johnson's Conservatives lost two parliamentary seats on Friday, a new blow to Britain's prime minister who then lost a close ally with the surprise resignation of his party's chairman and faced renewed calls to quit.
Pressure Mounts On UK's Boris Johnson After Crushing Election Defeats
Boris Johnson's Conservatives lost two parliamentary seats on Friday, a crushing blow to the governing party that prompted the resignation of its chairman and intensified doubts about the future of Britain's prime minister.
Toyota, Subaru Shares Drop On "embarrassing" Recalls Of First EVs
Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range.
World Leaders Seek United Front For Ukraine As War Rages On
World leaders seek united front for Ukraine as war rages on
Prince Charles Says Commonwealth Nations Free To Chart Own Course
Prince Charles says Commonwealth nations free to chart own course
Weakened Scholz Seeks To Seize G7 Opportunity
Weakened Scholz seeks to seize G7 opportunity
Tantrums And Tactics Turned Lukaku's Chelsea Dream Into A Nightmare
Tantrums and tactics turned Lukaku's Chelsea dream into a nightmare
Dozens Of Suriname Villages Await Aid Following Unprecedented Floods
Dozens of Suriname villages await aid following unprecedented floods
Mexican President Under Pressure Over Priest Murders
Mexican president under pressure over priest murders
Oil Heads For Second Weekly Drop On Recession Fears
Oil prices slipped on Friday and were heading for a second weekly fall, as tight supply was overshadowed by concern that rising interest rates could push the world economy into recession.
Oil Rises In Volatile Trading Amid Supply Uncertainty
Oil prices edged higher amid a volatile trading session on Friday, as supply uncertainty outweighed fears of slower demand from cooling U.S. economic activity.
Oil Trades Sideways On Fears Of Slower Demand, Supply Uncertainty
Oil prices traded sideways on Friday after briefly rising nearly $1 per barrel, as the market balanced fears of slower demand from cooling U.S.
Oil Prices Rise On Tight Supply, Inventory Uncertainty
Oil prices rose slightly in early Asian trade on Friday as nations seek to address global crude oil and fuel supply tightness.
Ecuador Indigenous Protests Carry On Despite Small Concession
Ecuador's government on Thursday acquiesced to a demand of indigenous demonstrators who have held 11 days of protests, giving them access to a cultural center, but violent confrontations at marches continued.
Prince Charles Expresses Sorrow Over Slavery In Commonwealth Speech
Britain's Prince Charles expressed deep sorrow over slavery in a speech to Commonwealth leaders in Rwanda on Friday and acknowledged that the roots of the organisation lay in a painful period of history.
Commonwealth Leaders Meet In Rwanda Amid Criticism Of Host's Rights Record
Commonwealth leaders met in Kigali on Friday to discuss cooperation on topics from trade to health to climate, against a backdrop of criticism of host Rwanda's human rights record and of a British policy to deport asylum seekers there.
European Banks Ace U.S. Fed's Stress Test, Show Strong Capital Levels
The U.S. units of major European lenders including Deutsche Bank, Barclays and Credit Suisse sailed through the Federal Reserve's annual "stress tests" on Thursday, showing they hold enough capital to weather an economic shock.
Japan's Inflation Tops BOJ Target For 2nd Month In Test Of Monetary Stance
Japan's annual core consumer inflation topped the central bank's target for a second straight month in May, data showed on Friday, highlighting the intensifying pressure on the country's fragile economy from soaring global raw material costs.
Japan's May Consumer Inflation Tops BOJ Target For 2nd Straight Month
Japan's annual core consumer inflation topped the central bank's target for a second straight month in May, data showed on Friday, highlighting the intensifying pressure on the country's fragile economy from soaring global raw material costs.
U.S. House Speaker's Husband Charged With Driving Under Influence Of Alcohol
The husband of U.S. House Speaker Nancy Pelosi was charged on Thursday with driving under the influence of alcohol, weeks after he was arrested on suspicion of drunk driving in Napa County, California, the county's district attorney said.
Shanghai's Fashion Stores Struggle To Clear Lockdown Stock Hangover
Almost a month since Shanghai lifted its strict COVID-19 lockdowns, fashion retailers are stuck with piles of unsold stock as cautious consumers stay away from the commercial hub's glitzy shopping districts.
Abortion Pills Over The Counter? Experts See Big Hurdles In Widening U.S. Access
A pill used to terminate early pregnancies is unlikely to become available without a prescription for years, if ever, experts told Reuters, as the conservative-leaning U.S.
