covid-19

UK unemployment hits 48-year low, pushing up pay

Britain's jobless rate hit a 48-year low in the first three months of 2022 and employers paid bigger bonuses to…

4 years ago

Exclusive: U.S. Treasury’s Yellen and trade czar Tai at odds over China tariffs

President Joe Biden will have to resolve a heated internal debate among his aides over whether to cut taxes on…

4 years ago

Dollar hits two-decade high, rattled investors plump for safe haven

The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will…

4 years ago

Shares march higher after Fed and BoE hikes; dollar regains traction

Global equity markets were still on the front foot on Thursday on relief that the biggest hike in U.S. interest…

4 years ago

HSBC shares rise as markets warm up to break-up proposal by top shareholder

Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), urged a break-up of…

4 years ago

Stocks up, U.S. yields at 3% as markets ready for Fed hike

World stocks rose on Tuesday and U.S. 10-year Treasury yields held above 3% as investors prepared for the Federal Reserve's…

4 years ago

NatWest profit jumps as cost-of-living crisis looms

LONDON, April 29 (Reuters) - British lender NatWest (NWG.L) posted a 41% jump in first-quarter profit on Friday, as rising rates boosted…

4 years ago

Analysis: China struggles for options as COVID threatens economic goals

China's policymakers are struggling to find ways to ward off an economic slowdown that threatens job losses in a politically…

4 years ago

Temasek-backed oil rig builders agree $6.3 bln merger amid sector downturn

Singapore's Sembcorp Marine (Sembmarine) (SCMN.SI) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp's (KPLM.SI) larger offshore and marine unit, a…

4 years ago

IMF warns of ‘stagflationary’ risks in Asia, cuts growth outlook

The Asian region faces a "stagflationary" outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, citing the Ukraine…

4 years ago
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