United States

U.S. FCC votes to advance proposed ban on Huawei, ZTE gear

The U.S. Federal Communications Commission voted unanimously on Thursday to advance a plan to ban approvals for equipment in U.S.…

4 years ago

Analysis: Biden may hinder oil and gas drilling even after court loss

U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry…

4 years ago

U.S. senators propose 25% tax credit for semiconductor manufacturing

A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress…

4 years ago

U.S. corporate junk-bond spread narrows, lowest since 2007

The yield spread between junk-rated corporate bonds and U.S. Treasuries tightened further late on Wednesday, falling to its lowest level…

4 years ago

The great exit: central banks line up to dial back emergency stimulus

The U.S. Federal Reserve is projecting a faster timetable for interest rate rises and Norway's central bank is preparing markets…

4 years ago

Analysis: Shaken but not stirred: bond markets may weather hawkish Fed for now

A hawkish shift at the U.S. Federal Reserve has ended a weeks-long rally in bond markets, but don’t bet on…

4 years ago

BOJ may start debate on stimulus retreat in 2023, former c.banker says

The Bank of Japan may be able to start debating ways to phase out its extraordinary stimulus programme, such as…

4 years ago

Investors trim long positions on Asian currencies, yuan bets halved

Long bets on most of Asia's emerging currencies were trimmed, a Reuters poll showed on Thursday, as investors weigh the…

4 years ago

Dollar hits two-month highs on Fed’s hawkish surprise; kiwi climbs after GDP

The dollar rose to its highest level in almost two months versus major peers on Thursday after the Federal Reserve…

4 years ago

Crude oil prices steady near multi-year highs

Crude oil prices hovered near multi-year highs on Thursday buoyed by dropping U.S. crude inventories and broadly shrugging off a…

4 years ago