Global equity funds see massive outflows on slowdown fears
(Reuters) – Global equity funds witnessed a surge in outflows in the week ended May 11, as fears of an economic slowdown and further tightening by major central banks to…
(Reuters) – Global equity funds witnessed a surge in outflows in the week ended May 11, as fears of an economic slowdown and further tightening by major central banks to…
SHENZHEN, China – American businesses are struggling to persuade overseas staff to join them in China due to the country’s strict COVID-19 control measures and ongoing lockdowns, the American Chamber…
‘Deepest Fears Are Coming True’: Abortion Lobby Plots Response To Likely Overturn Of Roe Laurel Duggan on May 3, 2022 Pro-abortion activists slammed a leaked Supreme Court draft opinion which…
Fears of recession across Joe Biden’s America are growing, adding one more log on the fire of bad news for the president today. ABC reports Americans are losing around $6,000…
By Henriette Chacar, Ali Sawafta and Nidal al-Mughrabi JERUSALEM – One year after events in Jerusalem led to war in Gaza, clashes during the Muslim holy month of Ramadan are…
(Reuters) -Ferrero on Tuesday asked U.S. consumers to dispose of some Kinder chocolate products not authorized for distribution in the country, warning they could be from the batch recently recalled…
By David Randall NEW YORK – Star stock picker Cathie Wood of Ark Invest remained bullish on top holding Tesla Inc on Tuesday despite growing fears of a U.S. recession…
FRANKFURT -Euro zone banks plan to sharply tighten access to corporate credit in the second quarter as the war in Ukraine weighs on the outlook and cuts deep into their…
PARIS – French consumer confidence fell in March to its lowest point in a little more than a year as inflation fears surged to their highest level ever, a monthly…
By Julie Ingwersen and P.J. Huffstutter CHICAGO – After Russia’s invasion of Ukraine sent global wheat futures soaring, U.S. farmer Vance Ehmke was eager to sell his grain. Local prices…
By Bharat Gautam – Palladium slumped nearly 17% in a sharp correction after rallying to an all-time high on the Ukraine crisis, as worries eased that supplies of the autocatalyst…
By Maurice Tamman, David Gauthier-Villars, Sarah McFarlane and Sarah El Safty – The Russian invasion of Ukraine threatens millions of tiny spring-time sprouts that should emerge from stalks of dormant…
LONDON – The cost of insuring against a Russian government debt default soared by almost 50% on Monday and premiums on other emerging market countries, junk bonds and swathes of…
By Lewis Krauskopf NEW YORK – Geopolitical worries are clouding the outlook for U.S. stocks, even as Russia’s invasion of Ukraine moderates expectations for how aggressively the Federal Reserve will…
By Davide Barbuscia NEW YORK -Recession concerns are showing up more prominently in the U.S. Treasury yield curve, as soaring commodity prices in the wake of Russia’s invasion of Ukraine…
By Walter Bianchi BUENOS AIRES – Argentina has sealed a staff-level agreement with the International Monetary Fund (IMF) for a $45 billion program, which will push looming debt payments down…
By Brijesh Patel – Palladium extended its rally to near a 10-month high within striking distance of $3,000 an ounce on Friday, as concerns over supply shortages from top-producer Russia…
TORONTO – The Canadian dollar fell against its U.S. counterpart on Friday and was on track for a weekly decline as the intensifying war in Ukraine triggered a flight to…
By Susanna Twidale LONDON – European and British gas prices soared on Wednesday, with a benchmark Dutch gas price hitting a record high as countries said EU sanctions against Russia could…
By Stefanie Eschenbacher PROCESADOR DE GAS CACTUS, Mexico – It never gets completely dark in Colonia El Carmen, home to Mexico’s largest natural gas processing center, in the poor southern…
By Chuck Mikolajczak NEW YORK – The S&P 500’s 1% slump on Tuesday confirmed that the world’s most watched stock index was in a correction for the first time since…
By Andrius Sytas – Lithuania’s central bank has told the country’s banks to prepare for power cuts and cyberattacks as Russia’s standoff with Ukraine risks spilling over into a military…
By Mike Dolan LONDON – Keen to downplay anxieties about war in Europe, global investors appear to fear a monetary policy miscalculation even more. Their problem is that two are…
By Karen Brettell NEW YORK – A dramatic flattening in key parts of the U.S. Treasury yield curve is reflecting worries that the Federal Reserve has been too slow to…
BRASILIA – Brazilian central bank chief Roberto Campos Neto said markets are showing less concern about the possible victory of ex-president Luiz Inácio Lula da Silva in this year’s presidential…