Oil Rises As Russian Gas Cut To Europe May Encourage Switching To Crude
Oil rose on Tuesday on expectations Russia's reduction in natural gas supply to Europe could encourage a switch to crude, though concerns over weakening fuel demand because of an expected increase in U.S.
Gas Crunch Fears Hammer Euro, Lift Dollar And Swiss Franc
The prospect of another Russian gas supply cut knocked the euro lower on Tuesday, while dollar gains were tempered by mounting uncertainty over the U.S.
Fed Rate-path Uncertainty, European Gas Crunch Dominate Currency Markets
With a U.S. interest rate rise priced for this week and uncertainty mounting over the Fed's policy-tightening path, the dollar held off recent two-decade peaks on Tuesday, while Russia's latest gas supply cut kept the euro under pressure.
Dollar Near Recent Peaks As Fed Looms, Growth Fears Weigh
The dollar held just below multi-decade peaks on Tuesday as traders awaited a rate hike from the U.S.
Global Growth Fears, Fed Keep Dollar Propped Up
The dollar wobbled around just below multi-decade peaks on Tuesday, as traders waited on a rate hike from the U.S.
Abuse Survivor's Ordeal Sheds Light On Malaysia 'Unilateral Conversions'
Abuse survivor's ordeal sheds light on Malaysia 'unilateral conversions'
Alibaba Aims To Add Primary Listing In Hong Kong, Woo China Investors After Crackdown
Alibaba plans to add a primary listing in Hong Kong to its New York presence, targeting investors in mainland China as it becomes the first big company to take advantage of a rule change in the financial hub to attract high-tech Chinese firms.
Russian Gas Cut To Europe Hits Economic Hopes, Ukraine Reports Attacks On Coastal Regions
Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.
U.S. Disapproval Of China's Grain Stockpiling Full Of Irony -Braun
Rocky trade relations between the United States and China have recently taken a back seat to the conflict between major grain exporters Ukraine and Russia, but U.S.
Column - U.S. Disapproval Of China's Grain Stockpiling Full Of Irony - Braun
Rocky trade relations between the United States and China have recently taken a back seat to the conflict between major grain exporters Ukraine and Russia, but U.S.
S.Korea's Economy Unexpectedly Speeds Up, Pointing To More Rate Hikes
South Korean economic growth unexpectedly picked up in the second quarter as strong consumption on eased COVID-19 restrictions offset poor exports, supporting the case for further central bank interest rate hikes.
UK Prime Minister Hopefuls Feud Over Tax And Spending Plans
The final two candidates in the race to succeed British Prime Minister Boris Johnson clashed on Monday in a televised debate, during which they tore into each other's tax and spending plans.
Tunisians Back New Constitution, But With Low Turnout
A new Tunisian constitution that the opposition warns may dismantle the country's democracy by greatly expanding presidential powers is set to take effect after a referendum on Monday that appeared to pass easily but with low turnout.
Tunisians Back New Constitution But Turnout Just 25%, Exit Poll Says
A new Tunisian constitution greatly expanding presidential powers is set to take effect following a referendum on Monday that an exit poll indicated was easily won by the "yes" side but with very low turnout.
Northern Irish Nobel Laureate Trimble Dies
Northern Irish Nobel laureate Trimble dies
As Pelosi Eyes Taiwan Trip, US Anxious On China Red Lines
As Pelosi eyes Taiwan trip, US anxious on China red lines
Live From New York: Bishop Robbed Of Jewelry During Livestreamed Sermon
New York City police on Monday were hunting for thieves who burst into a Brooklyn church and brazenly stripped a bishop of the jewelry he was wearing while he was delivering his Sunday sermon as the service was livestreamed, officials said.
U.S. Triples Reforestation Spending For Wildfire Devastation
The United States on Monday said it had tripled annual reforestation spending to tackle a four million acre replanting backlog driven by intense, climate-driven wildfires.
Judge Blocks Prosecutor From Probing Georgia Lawmaker In Trump Election Probe
A judge in Georgia on Monday granted a Republican state lawmaker's request to disqualify the district attorney from probing the lawmaker directly in an investigation into efforts by former President Donald Trump and his supporters to overturn his 2020 election defeat.
Pope Apologizes For 'Deplorable Evil' Of Canadian Indigenous Schools
Pope Francis apologized on Monday to Canada's native people on their land for the Church's role in schools where indigenous children were abused
Pope Apologizes In Canada For 'Evil' Of Residential Indigenous Schools
Pope Francis on Monday made good on a promise to apologize to Canada's native people on their home land for the Church's role in schools where indigenous children were abused, branding forced cultural assimilation "evil" and a "disastrous error".
U.S. Senator Questions Aid To Rwanda Over Human Rights, Role In Congo
The chairman of the U.S. Senate Foreign Relations Committee said he would place a hold on U.S.
Firefighters Tackle California Wildfire As Heat Grips Parts Of US
Firefighters tackle California wildfire as heat grips parts of US
Terminals At California's Third-busiest Port Resume Regular Hours On Monday
Marine terminals at California's Port of Oakland opened for normal operations on Monday after port leaders and police ended a week-long independent truck driver protest of the state's new "gig worker" law, which stranded cargo on ships, docks and warehouses and worsened U.S.
Brazil's Lula Ready To Reopen EU-Mercosur Pact If He Wins Election, Aide Says
Brazilian presidential election frontrunner Luiz Inacio Lula da Silva favors reopening talks on a stalled European Union trade deal with South American trade bloc Mercosur to add provisions on environmental protection, human rights and technology, a senior foreign policy adviser said.
U.S. Industrials Stare At Profit Squeeze From Excess Inventory, Weak Demand
U.S. manufacturers are likely to see a hit to their quarterly profit in the second half of the year as higher prices for everything from light bulbs to air conditioners take a toll on consumer spending.
Biden Meets CEOs, Labor; Backs Bill To Boost U.S. Chips Production
President Joe Biden met virtually on Monday with the chief executives of Lockheed Martin Corp, Medtronic PLC and Cummins Inc along with labor leaders as part of the administration's push for legislation to boost the U.S.
Russia Poses Threat To Italian Election, Says Centre-left Chief
Moscow could try to skew the forthcoming Italian national election by spreading fake news on social media to favour pro-Russian parties, the head of Italy's centre-left Democratic Party (PD) said on Monday.
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COVID Symptoms Almost Resolved, Biden Says He Is Feeling Great
U.S. President Joe Biden on Monday said he was "feeling great," as he recovers from COVID-19, and that he expected to end his isolation and return to normal working conditions by the end of the week.