NEW YORK (Reuters) – U.S. Treasury yields rose on Friday amid confusion over the United States policy on trade with China, while political turmoil in Italy compounded investor concerns, capping a volatile week in the bond market. Treasury yields fell for a sec... More »
(Reuters) – Traders and analysts are considering whether U.S. bond yields would fall below zero as a record amount around the world sank into negative territory this week. The question has become a talking point, and less hypothetical, this week as the U.S. 30... More »
SRIHARIKOTA/BENGALURU, India (Reuters) – India launched a rocket into space on Monday in an attempt to safely land a rover on the moon, its most ambitious mission yet in the effort to establish itself as a low-cost space power. If successful, the $146 million ... More »
BEIJING (Reuters) – China’s pork output fell by less than expected in the first half as the country tackles a devastating disease outbreak, although official data showed conflicting figures on the size of the decline in the hog herd. China produced 24.7 millio... More »
BENGALURU (Reuters) – India’s space agency said it delayed the launch of its second lunar mission, Chandrayaan-2, in the early hours of Monday due to a “technical snag” which was observed less than an hour before the scheduled liftoff. “A technical snag was ob... More »
VIENNA (Reuters) – OPEC and its allies look set to extend oil supply cuts this week at least until the end of 2019 as Iran joined top producers Saudi Arabia, Iraq and Russia in endorsing a policy aimed at propping up the price of crude amid a weakening global ... More »
LONDON (Reuters) – Oil prices rose over $2 a barrel on Monday as OPEC and its allies looked on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna this week. Front-month Brent crude futures touched an intraday high of $66.75 a... More »
LONDON (Reuters) – Factory activity in the euro zone shrank faster last month than previously thought in a broad-based downturn, according to a survey on Monday that suggested there would be no quick turnaround. The downbeat data will likely add to calls for t... More »
WASHINGTON (Reuters) – A now record-setting run of U.S. economic growth enters its 121st month on Monday, sustained by a decade of low interest rates and massive Federal Reserve intervention that helped put 22 million people back to work. But the real economic... More »
WASHINGTON (Reuters) – President Donald Trump’s appointee Brett Kavanaugh consistently delivered during his first term as a justice for conservatives who had hoped he would move the U.S. Supreme Court further to the right while still managing to keep a low pro... More »
(Reuters) – Pfizer Inc said on Monday it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and build up its pipeline of oncology drugs. The largest U.S. drugmaker agreed to pay a hefty premium ... More »
SYDNEY/HONG KONG (Reuters) – China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks as the long-term promise of a growing middle class trumps more immediate fears a... More »
SINGAPORE (Reuters) – Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should restrict supplies to current levels, while Washington’s withdrawal of a tariff threat against Mexico removed a cloud over the global economy. However, ... More »
WASHINGTON (Reuters) – U.S. President Donald Trump predicted Mexico would strongly enforce a new deal under which it agreed to expand a controversial asylum program and boost security on its southern border to stem Central American migrants trying to reach the... More »
WASHINGTON/MEXICO CITY (Reuters) – The United States and Mexico struck a deal on Friday to avert a tariff war, with Mexico agreeing to rapidly expand a controversial asylum program and deploy security forces to stem the flow of illegal Central American migrant... More »
HOUSTON (Reuters) – The first U.S. astronauts chosen to fly aboard a SpaceX capsule built for NASA shrugged off a spate of design and test mishaps, saying such setbacks were “part of the process” and the new technology was far more advanced than the space shut... More »
NEW YORK (Reuters) – U.S. money market fund assets rose for a sixth consecutive week, bringing the total to a fresh nine-plus year peak as investors piled cash into low-risk funds on concerns about global trade tensions, a private report released on Wednesday ... More »
HONG KONG (Reuters) – Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out m... More »
SINGAPORE (Reuters) – Oil prices fell more than 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown. F... More »
MEXICO CITY (Reuters) – Mexico’s president and the top U.S. business lobbying group called on President Donald Trump to back down from a threat to impose punitive tariffs on Mexican imports, in a dispute over migration that could shock Mexico’s economy. Trump ... More »
(Reuters) – U.S. President Donald Trump’s proposal to impose a tariff on all Mexican goods to push Mexico to halt a surge in illegal immigrants is likely to be challenged in court and will test the scope of the president’s emergency powers. Trump dramatically ... More »
NEW YORK (Reuters) – U.S. money market fund assets rose for a fifth consecutive week, bringing its total to more than a nine-year high as investors pour cash into low-risk funds on concerns about escalating U.S.-China trade tensions, a private report released ... More »
BRUSSELS (Reuters) – Parties committed to strengthening the European Union held on to two-thirds of seats in the EU parliament, official projections from the bloc’s elections showed on Sunday, though far-right and nationalist opponents saw strong gains. France... More »
NEW YORK (Reuters) – Americans have become more supportive of abortion rights over the past year, even as a wave of Republican-controlled state governments have imposed new restrictions, according to a Reuters/Ipsos poll released on Sunday. The poll found that... More »
TURIN, Italy/LONDON (Reuters) – Fiat Chrysler has been angling for a combination with another automaker for years, and its latest attempt – for a global tie-up with France’s Renault – could address some of the main weaknesses of both companies, sources say. Bu... More »
SHANGHAI (Reuters) – The fresh escalation in the long-running Sino-U.S. trade dispute prompted a sharp selloff in Chinese markets last week with the yuan and banking and tech stocks hit particularly hard though some sectors, like farming, managed to outperform... More »
NEW YORK (Reuters) – Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face an even rougher road as the year wears on unless the prospects for economic growth improve. Wall ... More »
WASHINGTON (Reuters) – Two Democrats with U.S. military experience who are vying for the party’s 2020 presidential nomination shifted the focus of the race to foreign policy on Sunday, criticizing Republican President Donald Trump for escalating tensions with ... More »
PHILADELPHIA (Reuters) – Seeking to build on early momentum in his 2020 presidential bid, former U.S. Vice President Joe Biden on Saturday condemned “anger” within his own Democratic Party and pledged to work to unify the country in the wake of Donald Trump’s ... More »
(Reuters) – Some of the biggest, highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs in the first quarter, according to regulatory filings released on Wednesday. After dumping shares of Facebook Inc, Apple Inc, Amazon.com... More »
WASHINGTON (Reuters) – When he ran for president in 2016, Donald Trump delighted crowds with his harsh rhetoric on China. As he runs for re-election in 2020, he is likely to keep talking tough, but the reception – at least in some key states – may not be as eu... More »
JENA, Germany (Reuters) – From the 12th floor of Jenoptik’s headquarters, chief executive Stefan Traeger points to his laser factory and the university that provides it with talent. Welcome to “Optics Valley” – a role model for Germany’s East in a big year for... More »
NEW YORK (Reuters) – A jump in U.S. consumer spending propelled U.S. shares to a record high on Monday and global equities edged upwards, helping offset a weak euro zone sentiment survey and political uncertainty over Spain’s elections. Major U.S. indexes adva... More »
COLOMBO (Reuters) – Authorities lifted a curfew in Sri Lanka on Monday, a day after a string of bombings at churches and luxury hotels across the Indian Ocean island killed 290 people and wounded about 500, but there were warnings more attacks could come. Ther... More »
SINGAPORE (Reuters) – Oil prices jumped on Monday as the United States looked set to announce that all buyers of Iranian oil must end their imports or be subject to sanctions. Brent crude futures rose as much as 3.3 percent to $74.31 a barrel, the highest sinc... More »
WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their ... More »
NEW YORK (Reuters) – It looks like something has to give in global markets. Stocks and bonds around the world have rallied atypically together since the start of the year, rewarding investors both bullish and bearish on the direction of global growth. The main... More »
NEW YORK (Reuters) – The number of Americans who approve of President Donald Trump dropped by 3 percentage points to the lowest level of the year following the release of a special counsel report detailing Russian interference in the last U.S. presidential ele... More »
WASHINGTON (Reuters) – Congressional Democrats on Friday took legal action to get hold of all of U.S. Special Counsel Robert Mueller’s evidence from his inquiry into Russian meddling in the 2016 election, as the probe’s findings hit President Donald Trump’s po... More »
WASHINGTON (Reuters) – Attorney General William Barr could have buried Special Counsel Robert Mueller’s Russia report deep in the recesses of the U.S. Justice Department and simply told the public that President Donald Trump would not face criminal prosecution... More »
NEW YORK (Reuters) – Stocks around the globe rose on Tuesday to six-month highs as positive economic data in China and Germany boosted investor sentiment, though concerns about the impact of U.S. policy on the healthcare sector paused Wall Street’s rally. Wall... More »
ADDIS ABABA (Reuters) – The preliminary report on the March 10 Ethiopian Airlines crash will very likely be released this week, Ethiopia’s transport ministry spokesman told Reuters on Tuesday. “It will very, very likely be released this week but there could be... More »
SEATTLE/LONDON (Reuters) – A Boeing Co software fix for the grounded 737 MAX will prevent repeated operation of an anti-stall system at the center of safety concerns and deactivate it altogether if two sensors disagree widely, two people familiar with pilot br... More »
SINGAPORE (Reuters) – Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela. Brent crude oil futures were at $66.73 per barrel at 07... More »
NOVOVOLYNSK, Ukraine (Reuters) – Ukrainian police are investigating two companies and a factory over a coal deal which some anti-corruption campaigners say epitomizes the difficulties of doing business in the east European country. The sums involved in the dea... More »
NEW YORK (Reuters) – U.S. sanctions on Venezuela’s oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are scooping up oil produced in the region. Those two companies ... More »
LONDON (Reuters) – Having spent three years and more than 2.6 trillion euros ($3 trillion) trying to boost economic growth across the euro zone, the European Central Bank’s mixed record may open the door for a high-spending, radical alternative. With populist ... More »
LONDON (Reuters) – Collapsing asset price volatility has turned ‘carry trading’ into one of investors’ top plays of 2019. Many reckon the run is far from over. This strategy sees investors borrow in currencies where interest rates are low to invest in countrie... More »
SINGAPORE (Reuters) – Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela. Brent crude... More »
NEW YORK (Reuters) – Everyone knows the Golden Rule of business is to pay yourself first. But more than half of small business owners are going months without pay – if they are taking any at all. About a quarter of these entrepreneurs go two to six months with... More »
SINGAPORE (Reuters) – Oil prices rose on Monday, lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall U.S. drilling activity. U.S. West Texas Intermediate (WTI) crud... More »
NEW YORK (Reuters) – BlackRock, the world’s biggest asset manager, on Monday recommended investors hold more U.S. Treasury Inflation Protected Securities (TIPS) as the Federal Reserve is expected to refrain from raising short-term interest rates in the coming ... More »
LONDON (Reuters) – Two months after ending its massive stimulus scheme, the European Central Bank faces growing pressure to address how it will protect the euro zone economy from a protracted slowdown. Thursday’s policy meeting, news conference, and updated ec... More »
WASHINGTON (Reuters) – U.S. personal income fell for the first time in more than three years in January and consumer spending dropped by the most since 2009 in December, putting the economy on a weak growth path early in the first quarter. The economic outlook... More »
HONG KONG/LONDON (Reuters) – Standard Chartered PLC has unveiled plans to double returns and dividends in three years by cutting $700 million in costs and boosting income, even though the bank missed its previous targets in tough market conditions. Chief Execu... More »
(Reuters) – U.S.-based bicycle manufacturer Kent International has found a way around President Donald Trump’s tariffs – by shifting production out of China. Like almost all U.S. bike makers, Kent has long relied on low-cost Chinese labor and parts, but Trump’... More »
WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell worked hard to strengthen ties with Congress during his first year as head of the U.S. central bank, doubling the pace of meetings with lawmakers over his predecessors and courting Democrats and Rep... More »
GARY, Indiana (Reuters) – United States Steel Corporation founded Gary, Indiana in 1906 – naming it after co-founder Elbert Henry Gary – and the city’s fortunes have been closely tied to the company ever since. When the firm started losing business to cheap As... More »
LONDON (Reuters) – A record number of ‘socially conscious’ mutual funds and exchange-traded funds were launched by asset managers last year, keen to tap growing demand from retail investors. A total of 382 such funds were launched globally during 2018 to take ... More »
NEW YORK (Reuters) – Bill Gross, once the bond market’s most influential investor, will retire from Janus Henderson Group Plc in coming weeks, ending attempts to reclaim the stature he enjoyed leading the world’s largest fixed-income investing firm. Gross, who... More »
SINGAPORE (Reuters) – Oil prices fell 1 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, and as China, the world’s second-largest oil user, reported additional signs of an economic slo... More »
WASHINGTON (Reuters) – Ebbing global growth and shaky financial markets threw the U.S. Federal Reserve off course in early 2016, and it took nearly a year for officials to regain confidence growth would continue and convince investors they would again raise in... More »
BEIJING (Reuters) – Earnings at China’s industrial firms shrank for a second straight month in December, putting pressure on policymakers to support industries hurt by slowing prices and weak factory activity amid a protracted U.S.-Sino trade war. The downbeat... More »
(Reuters) – Skywatchers howled at the moon at the Griffith Observatory in Los Angeles when the full lunar eclipse appeared shortly after 9 p.m. Pacific time on Sunday and our celestial neighbor was bathed reddish-orange during a Super Blood Wolf Moon. “Amazing... More »
NEW YORK (Reuters) – Look up into the night sky on Sunday and – if it is clear – you may witness the so-called “Super Blood Wolf Moon” total lunar eclipse, which will take a star turn across the continental United States during prime time for viewing. The tota... More »
TOKYO (Reuters) – Worried by prospects of a pause in the U.S. interest rate hike cycle, the Bank of Japan is shifting focus towards a risk that it may be forced to deploy more stimulus this year to stop sharp yen rises from derailing an economic recovery, sour... More »
SINGAPORE (Reuters) – Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the global economy. U.S. West Texas Interme... More »
WASHINGTON (Reuters) – As a partial U.S. government shutdown neared the three-week mark, Democrats on Wednesday were set to test Republicans’ resolve in backing President Donald Trump’s drive to build a wall on the border with Mexico, which has sparked an impa... More »
WASHINGTON (Reuters) – President Donald Trump urged Congress in a televised speech on Tuesday to give him $5.7 billion this year to help build a wall on the U.S. border with Mexico but stopped short of declaring a national emergency to pay for the barrier with... More »
(Reuters) – Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies. Ruth Smith, who used a walker, fell down two concrete steps in the theater and died about six weeks later. Now Smi... More »
TOKYO (Reuters) – As the developed world’s cheapest equity market and home to a rising breed of more profitable companies, the Japanese market should be a safe investment bet. Yet fund managers are bypassing it on fears ebbing global growth could knock Japan’s... More »
DHAKA (Reuters) – Campaigning for Bangladesh’s general election ended on Friday after weeks of violence, mainly against workers and officials from an opposition alliance, that has drawn criticism from the United States and others. Prime Minister Sheikh Hasina’... More »
NEW YORK (Reuters) – Wall Street stocks fell sharply in volatile trading on Friday, with the Nasdaq confirming it is in a bear market, as concerns of slowing economic growth led investors to flee stocks in high-valuation sectors such as technology and communic... More »
(Reuters) – Get ready for a long and ugly ride. On Friday, the Nasdaq Composite .IXIC closed almost 22 percent below its record high daily close on Aug. 29, signaling a nearly nine-and-a-half year bull market run for the index ended in late summer. That cumula... More »
LONDON (Reuters) – Oil fell on Monday, in line with further declines in global stock markets, erasing the gains made last week when producer group OPEC and other key exporters agreed to cut their crude output from January. Brent crude oil futures fell $1.02 on... More »
(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/ CURVE-BALLS With major parts of the U.S. economy visibly slowing, the Treasury market has reacted in a... More »
PARIS (Reuters) – France braced on Friday for another wave of protests against high living costs that could inflict more pain on tourism and transport stocks in the euro zone’s No. 2 economy, after retailers, airlines and hoteliers suffered their worst week in... More »
NEW YORK (Reuters) – Oil prices jumped by more than 3 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.... More »
SHANGHAI (Reuters) – The Chinese government on Thursday ordered a temporary halt to research activities for people involved in the editing of human genes, after a Chinese scientist said he had edited the genes of twin babies. Scientist He Jiankui said this wee... More »
NAIROBI (Reuters) – A blood-red moon dazzled star gazers across much of the world on Friday when it moved into Earth’s shadow for the longest lunar eclipse of the 21st Century. From the Cape of Good Hope to the Middle East, and from the Kremlin to Sydney Harbo... More »
LONDON (Reuters) – A blood moon will appear in the night sky around much of the world on Friday night as the moon moves into the shadow of the earth for the longest lunar eclipse of the 21st Century. The total eclipse will last 1 hour, 42 minutes and 57 second... More »
LONDON (Reuters) – Signs that the Bank of Japan (BoJ) might scale back its monetary stimulus faster than expected sent tremors through bond markets on Monday, while European stocks and U.S. futures slipped as threats of further U.S. tariffs on China drained ri... More »
FRANKFURT (Reuters) – The U.S. and euro zone economies remain a world apart and growth data due in the coming days will only highlight the widening gap, suggesting that monetary policy will continue to move in opposing directions on the two sides of the Atlant... More »
CHIANG RAI, Thailand (Reuters) – All 12 boys and their soccer coach trapped for more than two weeks deep inside a flooded Thai cave have been rescued, a Thai navy SEAL unit said on Tuesday, a successful end to a perilous mission that has gripped the world. “Th... More »
(Reuters) – U.S. stock index futures rose on Tuesday, as focus turned to the U.S. corporate earnings season that kicks off this week, while worries of a trade dispute took a back seat in the wake of encouraging economic data. Wall Street has gained for three s... More »
WASHINGTON (Reuters) – U.S. job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases. Non... More »
LONDON (Reuters) – Oil slipped below $77 a barrel on Friday, under pressure from higher Saudi production and trade tensions between the United States and China, despite support from oil supply disruptions. Top exporter Saudi Arabia told OPEC it raised oil outp... More »
DETROIT (Reuters) – U.S. President Donald Trump’s threat to block Chinese investment in U.S. companies could be trouble for a number of American automotive and technology companies using Chinese funds to develop electric and self-driving cars and related servi... More »
Euro zone factory growth slowed to an 18-month low in June, slipping for the sixth month in a row amid widespread concerns about trade barriers and their impact on overall economic activity, a survey showed on Monday. IHS Markit’s June final manufacturing Purc... More »
MEXICO CITY (Reuters) – Leftist outsider Andres Manuel Lopez Obrador won Mexico’s presidential election with a landslide on Sunday, setting the stage for a government that will inherit tense relations with Washington and the scrutiny of nervous investors. Mexi... More »
MEXICO CITY (Reuters) – Mexico’s new president Andres Manuel Lopez Obrador said he would pursue friend and foe alike in a crackdown on corruption after voters handed him a powerful mandate for government with a landslide election victory on Sunday. Lopez Obrad... More »
MEXICO CITY (Reuters) – Andres Manuel Lopez Obrador won Mexico’s presidency in a landslide victory on Sunday, setting the stage for the most left-wing government in the country’s democratic history at a time of tense relations with the Trump administration. Th... More »
LONDON (Reuters) – Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States. Benchmark Brent crude oil LCOc1 fell $1.24 a barrel to a low of $77.99 be... More »
CHIANG RAI, Thailand (Reuters) – Rescuers in Thailand scrabbled to clear a constricted passageway for divers deep inside a flooded cave complex on Monday as the search for 12 boys and their soccer coach entered a ninth day. The divers from a Thai navy SEAL uni... More »
SAN FRANCISCO (Reuters) – Halfway through 2018, investing in Wall Street’s leading S&P 500 stock index has been nothing to shout about. The index of about 500 of the largest U.S. corporations has risen 1.7 percent year to date, far short of its 8 percent incre... More »
CHIANG RAI, Thailand (Reuters) – Thai navy divers had still to navigate their way through three kilometers (nearly 2 miles) of dark, flooded cave passages on Sunday to reach the spot rescuers believe would give 12 missing boys and their soccer coach a better c... More »
LONDON (Reuters) – Oil prices rose on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and intensifying trade conflicts between the United States and other major economies. Bench... More »
MILAN (Reuters) – Some European and U.S. fund managers are stepping back into Italian equities after fresh angst about a break from the euro zone wiped five months of gains off Milan’s top share index. Analysts expect uncertainty about Italy’s role in Europe a... More »
WASHINGTON (Reuters) – President Donald Trump is running out of time to deliver a revamp of the North American Free Trade Agreement (NAFTA) he promised for this year and people involved in the talks say the crunch is largely of his administration’s own making.... More »
LONDON (Reuters) – Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains showed no sign of slowing. Brent crude futures LCOc1 stood at $75.32 a barrel at 1805 GMT, down $1.12 from the previo... More »
