Asian stocks slide, bond yields gain after hawkish Fed comments

Asian stocks slide, bond yields gain after hawkish Fed comments

Pedestrians wearing protective masks, amid the coronavirus disease (COVID-19) outbreak, are reflected on an electronic board displaying various company’s stock prices outside a brokerage in Tokyo, Japan, February 25, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register >Asian stock markets: Asian equities fall on aggressive Fed tightening possibility Nikkei down almost … Read more

Exclusive: Canada to invest C$2 billion on mineral strategy for EV battery supply chain

Exclusive: Canada to invest C$2 billion on mineral strategy for EV battery supply chain

OTTAWA, April 4 (Reuters) – Canada’s federal budget will include an investment of at least C$2 billion ($1.6 billion) for a strategy to accelerate the production and processing of critical minerals needed for the electric vehicle (EV) battery supply chain, two senior government sources said. Prime Minister Justin Trudeau’s government, which is due to release … Read more

Exxon signals record quarterly profit from oil and gas prices

Exxon signals record quarterly profit from oil and gas prices

Signage is seen on a gasoline pump at an Exxon gas station in Brooklyn, New York City, US, November 23, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register HOUSTON, April 4 (Reuters) – Exxon Mobil Corp (XOM.N) on Monday said its first-quarter results could top a seven-year quarterly record, with operating … Read more

Stocks, dollar rise; European leaders urge further Moscow sanctions

Stocks, dollar rise;  European leaders urge further Moscow sanctions

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US stocks mostly higher in early trade Oil prices gain US dollar strengthens NEW YORK, April 4 (Reuters) – Stocks on global indexes … Read more

European stocks set for biggest quarterly drop since 2020

European stocks set for biggest quarterly drop since 2020

A DAX logo is pictured at the trading floor of the stock exchange in Frankfurt, Germany December 29, 2017. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register LONDON, March 31 (Reuters) – European stocks edged lower on Thursday and were set for their biggest quarterly drop since the start of 2020, while … Read more

Stocks rally pauses, bond markets ponder risks for US economy

Stocks rally pauses, bond markets ponder risks for US economy

Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down LONDON/NEW YORK, March 30 (Reuters) – The US and European equities rally paused on Wednesday as investors took stock of economic and geopolitical risks, while oil prices jumped back around $4 … Read more

Inversion of key US yield curve slice is a recession alarm

Inversion of key US yield curve slice is a recession alarm

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, January 10, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, March 29 (Reuters) – A closely monitored section of the US Treasury yield curve inverted on Tuesday for the first time … Read more

Russia steps up economic retaliation with Eurobond ruble buyback offer

Russia steps up economic retaliation with Eurobond ruble buyback offer

A Russian ruble banknote is seen in front of a descending and rising stock graph in this illustration taken March 1, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Eurobond ruble payment offer revives default fears Moscow does not say if bondholders must take rubles Russia has already demanded gas payments … Read more

Shares, bond yields jump after “encouraging” Russia-Ukraine talks

Shares, bond yields jump after "encouraging" Russia-Ukraine talks

Shares head higher as Russia and Ukraine talk in Turkey Bond markets continue to flag recession fears German and French consumer confidence drops Yen tries to steady, but heading for worst month since 2016 Russia signals it will default, by paying $ bond in rubles LONDON, March 29 (Reuters) – World share markets and global … Read more

Barclays faces $590 million hit, scrutiny over sales slip-up

Barclays faces $590 million hit, scrutiny over sales slip-up

LONDON/NEW YORK, March 28 (Reuters) – British bank Barclays faces an estimated 450 million pound ($592 million) loss and regulatory scrutiny for exceeding a US limit on sales of structured products, some of which have surged in popularity since Russia’s invasion of Ukraine. Barclays (BARC.L) said on Monday that it will have to delay a … Read more