MOSCOW (Reuters) – The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec.…
China’s re-opening to lift Asia equity capital market volumes from three-year lows
By Scott Murdoch SYDNEY (Reuters) – Asian equity capital markets activity, languishing at three-year lows now, is set to get…
Aurizon to sell ECR unit for $285 million to ease competition concerns
(Reuters) – Aurizon Holdings, Australia’s largest rail freight operator, said on Friday it will sell its East Coast Rail (ECR)…
U.S. dollar gains sharply across the board as recession fears mount
By Gertrude Chavez-Dreyfuss and Karen Brettell NEW YORK (Reuters) – The U.S. dollar soared on Thursday, led by strong gains…
Stocks slump, greenback gains as central banks continue inflation battle
By Lawrence Delevingne (Reuters) -Global shares slumped on Thursday, while the U.S. dollar gained and Treasury yields ticked down, after…
Global house price fall underway won’t do much for affordability, say analysts
By Hari Kishan and Indradip Ghosh BENGALURU (Reuters) – House prices in most major property markets will fall in 2023,…
Australia’s ANZ shareholders approve new holding structure
(Reuters) – Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company…
Germany’s half-a-trillion dollar energy bazooka may not be enough
By Christoph Steitz FRANKFURT (Reuters) – Germany is bleeding cash to keep the lights on. Almost half a trillion dollars,…
Wall Street sees past Fed’s lower rate hike to finish in red
By Lawrence Delevingne (Reuters) -Wall Street stocks dropped on Wednesday, while Treasury yields were flat and the dollar volatile, after…
Dollar loses ground after Fed raises rates, forecasts more hikes
By Sinéad Carew NEW YORK (Reuters) – The dollar was lower against the yen and the euro on Wednesday after…