By Fergal Smith TORONTO (Reuters) – Canada’s main stock index rose on Friday to its highest closing level in more…
Wall St rallies, Treasury yields dip on hopes of easing Fed policy
By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher and benchmark Treasury yields hit pause on Friday…
Exclusive-Korean auto giant Hyundai investigating child labor in its U.S. supply chain
By Joseph White and Joshua Schneyer DETROIT (Reuters) -Hyundai Motor Co, Korea’s top automaker, is investigating child labor violations in…
Speculators’ net long USD bets grow -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators’ net long bets on the U.S. dollar edged higher in the latest…
Oil prices settle up; China demand hopes outweigh recession worry
By Laila Kearney NEW YORK (Reuters) -Oil prices settled up on Friday as hopes of stronger Chinese demand and a…
Japanese yen jumps as traders suspect intervention
By Leika Kihara, Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss TOKYO/LONDON/NEW YORK (Reuters) – Japanese authorities likely intervened in markets to…
U.S. yields slide from multi-year highs on hopes of Fed pivot
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasury yields fell from multi-year highs on Friday after…
Goldman: U.S. SPR crude releases to have modest price influence
(Reuters) – The Biden administration’s plan to continue releasing the Strategic Petroleum Reserves (SPR) “as appropriate” to bring down retail…
Exclusive-Ottawa and Alberta clash over who must pay to lift Canada’s carbon capture credits
By Steve Scherer and Nia Williams OTTAWA (Reuters) -Canada’s federal government and the main oil producing province of Alberta are…
IMF, Malawi reach staff deal on $88 million emergency financing
JOHANNESBURG (Reuters) -The International Monetary Fund said on Friday that it had reached a staff-level agreement with Malawi for up…