Business

Morning Bid: Yield surge spoils the equity party

Friday, May 15 by SRN News

A look at the day ahead in European and global markets from Stella Qiu Is the penny finally dropping for investors in stocks? The bond market has been sounding the alarm for weeks - runaway inflation means rate hikes are firmly back in play. ... Read More.

Analysis-Carry on trading: rate-based G10 currency bets make a comeback

Friday, May 15 by SRN News

By Alun John and Dhara Ranasinghe LONDON, May 15 (Reuters) - The carry trade, where investors buy high-yielding major currencies and sell low-yielding ones, is having its best run in years, even with major risk-driven moves in global markets. This reflects a combination of low currency... Read More.

War worsens Lebanon’s economic crisis with job losses, price gouging and slow business

Friday, May 15 by SRN News

CHIYAH, Lebanon (AP) - Ayman al-Zain watched on a recent afternoon as a bulldozer cleared the rubble of what used to be his sports clothing store, which was one of dozens of buildings destroyed in Israeli strikes against the Hezbollah militant group. With a nominal... Read More.

India raises fuel prices as global energy crisis adds pressure on economy

Friday, May 15 by SRN News

NEW DELHI (AP) - India raised fuel prices by 3 rupees ($0.03) per liter Friday as the government moved to offset losses due to higher global oil prices. In New Delhi, gasoline prices rose to 97.77 rupees ($1.17) a liter, while diesel climbed to 90.67... Read More.

Asian stocks are lower after South Korea’s Kospi hits records, as Trump wraps up Beijing trip

Friday, May 15 by SRN News

HONG KONG (AP) - Asian stocks mostly retreated Friday and South Korea's Kospi gave up gains after reaching an all-time high, as investors watch for developments from the Iran war and U.S. President Donald Trump's summit in Beijing with Chinese leader Xi Jinping. U.S. futures... Read More.

Asian shares fall as US yields hit one-year high

Thursday, May 14 by SRN News

By Stella Qiu SYDNEY, May 15 (Reuters) - Asian shares came under pressure on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets on a U.S. rate hike this year. Oil prices... Read More.

Toyota files to build $2 billion assembly line in Texas

Thursday, May 14 by SRN News

May 14 (Reuters) - Toyota Motor has sought approval to build a new vehicle assembly line at its existing manufacturing complex in Texas with about $2 billion in planned investment, according to a filing. • Construction at the proposed project in San Antonio, named "Project... Read More.

China still drags its feet on rare earths sometimes, says Greer

Thursday, May 14 by SRN News

By Lewis Jackson and Liz Lee BEIJING, May 15 (Reuters) - Rare earth exports from China to the United States are improving although Beijing is still slow to approve some shipments, U.S. Trade Representative Jamieson Greer said on Thursday. China still drags its feet with some... Read More.

Alphabet sells yen bonds worth $3.6 billion, largest such issue by foreign company

Thursday, May 14 by SRN News

TOKYO, May 15 (Reuters) - Alphabet has sold 576.5 billion yen ($3.6 billion) in yen-denominated bonds, a term sheet showed on Friday, the largest-ever issue by a foreign company. It is the first yen-denominated debt issue for Alphabet, which like other tech giants is in... Read More.

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

Thursday, May 14 by SRN News

BENGALURU, India (AP) - Taxi driver Ravi Ranjan, who lives with his wife and child in New Delhi said shipping disruptions caused by the Iran war have forced him to pay higher prices for cooking fuel at a time when India's prime minister is... Read More.

Current Weather

Morning Bid: Yield surge spoils the equity party

Analysis-Carry on trading: rate-based G10 currency bets make a comeback

War worsens Lebanon’s economic crisis with job losses, price gouging and slow business

India raises fuel prices as global energy crisis adds pressure on economy

Asian stocks are lower after South Korea’s Kospi hits records, as Trump wraps up Beijing trip

Asian shares fall as US yields hit one-year high

Toyota files to build $2 billion assembly line in Texas

China still drags its feet on rare earths sometimes, says Greer

Alphabet sells yen bonds worth $3.6 billion, largest such issue by foreign company

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

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