World shares hemmed in by dollar and Fed rate expectations
LONDON (Reuters) – World stocks inched higher on Wednesday after two days of losses but remained pinned down by the dollar’s recent surge and expectations that a U.S. Federal Reserve…
Asian shares edge higher as tensions ease, earnings rise
SYDNEY (Reuters) – Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors pondered whether this sunny outlook could dim…
Saudi Aramco appoints first woman to the board
DUBAI (Reuters) – State run Saudi Aramco, the world’s top oil company, said on Sunday it has appointed five new members to its board including a female executive, a milestone…
U.S debt deluge lifts bond yields to four-year high, Asia stocks down
TOKYO (Reuters) – Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt this week and the specter of inflation and a higher…
Asia stocks struggle with rising yields; oil stays high
SYDNEY (Reuters) – Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields…
Trump rails against high oil prices, OPEC pushes back
WASHINGTON/JEDDAH, Saudi Arabia (Reuters) – U.S. President Donald Trump accused OPEC on Friday of “artificially” boosting oil prices, drawing rebukes from some of the world’s top energy exporters. “Looks like…
Asian shares edge ahead with Wall Street, but China lags
SYDNEY (Reuters) – Asian shares crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging concerns about trade barriers and the global growth outlook kept…
Saudi Aramco studying chemical plant addition at Port Arthur refinery: sources
HOUSTON (Reuters) – Saudi Aramco IPO-ARMO.SE is studying a multi-billion dollar plan to build a petrochemical plant at the Port Arthur, Texas, refinery operated by its subsidiary Motiva Enterprises LLC…
Shares in the red as nervous markets await Fed
SYDNEY (Reuters) – Asian share markets slipped into the red on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest…
Americans are drinking a daily cup of coffee at the highest level in six years: survey
NEW ORLEANS (Reuters) – The number of Americans drinking a daily cup of coffee is at the highest level since 2012, with demand continuing to get a boost from at-home…