Business

Analysis-Investors face cloudier Fed rate view as Iran war grips markets

Thursday, March 19 by SRN News

By Lewis Krauskopf, Laura Matthews and Saqib Iqbal Ahmed NEW YORK, March 19 (Reuters) - Investors are facing a cloudier view of U.S. monetary policy in the coming months, with a war in the Middle East muddying the outlook for a Federal Reserve that... Read More.

Asian shares skid as oil tops $111 a barrel and Wall Street slumps

Thursday, March 19 by SRN News

BANGKOK (AP) - Shares retreated Thursday in Asia after stocks on Wall Street slumped as oil prices spiked at more than $110 a barrel. U.S. stocks also sagged due to a report that said inflation was primed to worsen even before the war with... Read More.

US appeals court pauses investors’ efforts to trace Argentine assets in YPF case

Thursday, March 19 by SRN News

BUENOS AIRES, Argentina (AP) - A U.S. Appeals court temporarily paused efforts by investors to identify Argentina's assets in the United States in order to collect on a $16 billion judgment in a case about the 2012 nationalization of the South American country's largest... Read More.

Oil rises 3% after Iran strikes Middle East energy facilities

Thursday, March 19 by SRN News

By Sam Li and Lewis Jackson BEIJING, March 19 (Reuters) - Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on its South Pars gas field, a major escalation in Tehran's war... Read More.

HSBC mulls job cuts that could impact around 20,000 roles, Bloomberg News reports

Thursday, March 19 by SRN News

March 18 (Reuters) - HSBC Holdings Plc is weighing a wave of deep job cuts over the coming years that could ultimately impact around 20,000 roles, or about 10% of its total workforce, Bloomberg News reported on Wednesday, citing people familiar with the matter. Non-client... Read More.

Australian watchdog probes major fuel suppliers over anti-competitive conduct

Thursday, March 19 by SRN News

March 19 (Reuters) - Australia's competition regulator said on Thursday it has launched an investigation into allegations of anti-competitive conduct by major fuel suppliers including Ampol, BP's Australian unit, Mobil Oil Australia and Viva Energy's unit. The Australian Competition and Consumer Commission said it received... Read More.

Powell says tariffs keeping inflation elevated, Fed watching energy prices closely

Wednesday, March 18 by SRN News

By David Lawder March 18 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday described significant challenges in bringing inflation down, from persistent tariff-driven price hikes to Iran war-driven energy price hikes that the U.S. central bank may not be able to "look through" as... Read More.

Venezuela, PDVSA bonds jump after US waives certain sanctions

Wednesday, March 18 by SRN News

By Rodrigo Campos NEW YORK, March 18 (Reuters) - Venezuelan bond prices rose on Wednesday after the United States issued a general license broadly authorizing U.S. companies to do business with state oil company PDVSA. The waiver to sanctions imposed in 2019 was the latest move... Read More.

Japan, UK drive rise in foreign US Treasury holdings in January, data shows

Wednesday, March 18 by SRN News

By Gertrude Chavez-Dreyfuss NEW YORK, March 18 (Reuters) - Foreign holdings of U.S. Treasuries rose in January, data from the Treasury Department showed on Wednesday, recovering from a decline in December as investors returned to the market amid generally elevated yields and shifting expectations for... Read More.

US oil exports seen rising as WTI discount to Brent hits widest in 11 years

Wednesday, March 18 by SRN News

By Georgina McCartney and Siddharth Cavale HOUSTON/New York, March 18 (Reuters) - The discount for U.S. crude futures versus Brent on Wednesday hit the widest in 11 years, as attacks on Middle Eastern oil infrastructure drove the global benchmark higher while rising supply in the... Read More.

Current Weather

Analysis-Investors face cloudier Fed rate view as Iran war grips markets

Asian shares skid as oil tops $111 a barrel and Wall Street slumps

US appeals court pauses investors’ efforts to trace Argentine assets in YPF case

Oil rises 3% after Iran strikes Middle East energy facilities

HSBC mulls job cuts that could impact around 20,000 roles, Bloomberg News reports

Australian watchdog probes major fuel suppliers over anti-competitive conduct

Powell says tariffs keeping inflation elevated, Fed watching energy prices closely

Venezuela, PDVSA bonds jump after US waives certain sanctions

Japan, UK drive rise in foreign US Treasury holdings in January, data shows

US oil exports seen rising as WTI discount to Brent hits widest in 11 years

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