Dollar rises as China COVID worries spur safe-haven buying
The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new restrictions there and weighed on global investor sentiment.
Europe rushes to fill up on Russian diesel before ban begins
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.
Shares dip, dollar strengthens as markets eye U.S. inflation data
Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve’s rate plans, while the likely collapse of a major digital asset exchange rattled crypto investors.
Oil prices climb on concerns over tight supplies
Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand in China, the world’s biggest crude importer.
Apple plans to cut iPhone 14 production lag between China, India – Bloomberg
Apple Inc (AAPL.O) plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from the typical six to nine months for previous launches, Bloomberg News reported on Tuesday.
Oil prices pushed up by low chances of OPEC+ supply boost
Oil prices rose in European trading on Friday as attention turned to next week’s OPEC+ meeting and expectations that it will dash U.S. hopes for a supply boost.
Explainer: How will Rogers’ C$20 bln contested bid for Shaw play out
Rogers Communications (RCIb.TO) faces a tough antitrust regulator and a July 31 deadline to close its C$20 billion ($15.5 billion) acquisition of Calgary-based Shaw Communications (SJRb.TO).
Oil rises on geopolitical risks, supply shortage
Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year.
Column: Funds pause record selling of 10-year Treasuries
Hedge funds paused their relentless selling of 10-year Treasuries futures ahead of last week’s U.S. consumer price data, but the spike in annual inflation to its highest in more than three decades suggests the hiatus could be a short one.
Australia home price boom piles on pressure for RBA pullback
Australian home prices raced to fresh heights in October, piling pressure on the country’s central bank to open the door to an interest rates rise well before the current projection of 2024.
