Asia stocks hit 2-week high as Fed talk turns dovish
(Reuters) – Asia’s stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from…
IMF: Sri Lanka’s talks with creditors ongoing, unaware of specific deals
(Reuters) – Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been…
ECB has long road on disinflation but in a good place now: Knot
(Reuters) – The European Central Bank has made “important progress” in getting inflation back down to target but there is…
Biden administration takes aim at junk fees with new proposed rule, guidance
(Reuters) – The Biden administration took another shot at unpopular junk fees on Wednesday with a proposed rule that would…
Yellen says oil price cap has ‘significantly’ cut Russia’s revenues
(Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said a G7-led price cap on Russian oil had sharply reduced…
Dollar flat ahead of release of Fed minutes, PPI data
The U.S. dollar traded largely unchanged in early European hours Wednesday, adopting something of a holding pattern ahead of the…
European stocks mixed; LVMH slumps as sales growth slows
European stock markets traded in a mixed fashion Wednesday, with weakness in LVMH hitting the French market ahead of the…
Microsoft’s four-day streak ends, underperforms against market and tech peers
Tuesday’s trading session saw a break in Microsoft Corp (NASDAQ:MSFT).’s four-day winning streak, with the tech giant’s stock falling 0.43%…
False claims on Israel-Hamas war mushroom online, put focus on Musk’s X
(Reuters) – The rapid spread of misleading claims and doctored images in the aftermath of a deadly rampage by Hamas…
Exclusive-Southeast Asia eyes hands-off AI rules, defying EU ambitions
(Reuters) – Southeast Asian countries are taking a business-friendly approach to artificial intelligence regulation in a setback to the European…