Business

Nvidia CEO Jensen Huang tries Beijing’s ‘zhajiangmian’ on food tour

Friday, May 15 by SRN News

BEIJING (AP) - Jensen Huang is trying some of Beijing's delicacies - the good, and others which may be more of an acquired taste. The Nvidia CEO was spotted by the public and local media at No. 69 Fangzhuanchang Noodles, for a bowl of "zhajiangmian"... Read More.

Global bonds tumble as flaring inflation spooks investors

Friday, May 15 by SRN News

By Amanda Cooper LONDON, May 15 (Reuters) - The global bond market limped to the end of a bruising week on Friday, as growing evidence of economic damage from the Iran war prompts investors to assume interest rates will rise faster than expected and growth... Read More.

BOJ expected to raise rates to 1.0% in June, hike again in October-December

Friday, May 15 by SRN News

By Satoshi Sugiyama TOKYO, May 15 (Reuters) - The Bank of Japan will raise its key interest rate to 1.0% in June, nearly two-thirds of economists said in a Reuters poll, as it presses ahead with efforts to normalise monetary policy amid rising inflation concerns... Read More.

Oil rises after Trump says he is losing patience with Iran

Friday, May 15 by SRN News

By Mohi Narayan NEW DELHI, May 15 (Reuters) - Oil prices gained more than 1% after President Donald Trump said he would not be much more patient with Iran and as concerns persisted over ship attacks and seizures despite Tehran saying about 30 vessels had... Read More.

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.

Current Weather

Nvidia CEO Jensen Huang tries Beijing’s ‘zhajiangmian’ on food tour

Global bonds tumble as flaring inflation spooks investors

BOJ expected to raise rates to 1.0% in June, hike again in October-December

Oil rises after Trump says he is losing patience with Iran

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

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