By Mehnaz Yasmin and Davide Barbuscia (Reuters) – U.S. corporate bonds were pummeled on Monday as expectations of an aggressive rate hiking cycle, following hotter-than-anticipated inflation data last week, intensified…
By Wayne Cole SYDNEY – A recent spike in Australia’s energy prices is threatening to keep inflation higher for longer, a major reason policymakers this week felt compelled to hike…
By Dmitry Zhdannikov DAVOS, Switzerland – Norwegian fertiliser giant Yara says donors urgently need to close the U.N.’s $10 billion food programme funding gap to avoid a catastrophe as sanctions…
(Reuters) – Foreign financial aid will ensure the stability of Ukraine’s central bank reserves as the country deals with the economic shock from the Russian invasion, central bank governor Kyrylo…
‘Shock And Awe’: Disney Quietly Surrenders To DeSantis, GOP Laurel Duggan on April 28, 2022 Disney plans to keep quiet about politics after publicly sparring with Florida’s Republican Gov. Ron…
BERLIN – Germany’s economy appears resilient after the first shock following the war in Ukraine, said Ifo economist Klaus Wohlrabe, who added there was no sign of a recession in…
BOAO, China – China remains on track to reach its 2022 growth target of around 5.5% as it has ample stimulus space, government economists said on Wednesday, despite a resurgence…
LONDON – The macro-economic picture is deteriorating fast and could push the U.S. economy into recession as the Federal Reserve tightens its monetary policy to tame surging inflation, BofA strategists…
‘It’s A Huge Problem’: California’s Sky-High Electricity Prices Bring A Shock To Biden’s EV Dreams Thomas Catenacci on April 7, 2022 California electricity bills are among the highest in the…
By Wayne Cole SYDNEY – Australia’s central bank remains prepared to be patient on raising interest rates as it waits for wage growth to pick up, though it warned a…
– U.S. household wealth rose to a record $150.3 trillion in the final quarter of last year, a Federal Reserve report on Thursday showed, a financial cushion that may keep…
– The Kremlin said on Thursday that Russia’s economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an “absolutely…
By Julia Payne LONDON – Soaring prices of commodities from oil to wheat in the wake of Russia’s invasion of Ukraine could cost the global economy the equivalent of at…
By Leika Kihara and Byron Kaye – An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia’s policymakers to rethink their assumptions for 2022, with the risks…
A look at the day ahead in markets from Dhara Ranasinghe. Oil’s relentless climb, hitting almost $140 on Monday, means another turbulent start to the week for world markets. The…
LONDON – JPMorgan said on Thursday it expected Russia’s economy to contract 35% in the second quarter and 7% in 2022 with the economy suffering an economic output decline comparable…
BRUSSELS – Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the coming months, the World Trade Organization’s chief…