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12 Apr

Soaring prices of online goods may flash another warning for the Fed

Prices for online goods continued to surge in March at a record pace, data released on Tuesday from Adobe Inc showed, adding a potentially troubling dimension to the Federal Reserve's battle to slow the overall pace of price increases.

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12 Apr

Stocks wobble, bond bashing alive and kicking as U.S. CPI looms

LONDON (Reuters) -World stocks slipped to their lowest levels in almost a month, the dollar held firm and selling again gripped the world's biggest bond markets on Tuesday with data expected to show annual U.S. inflation rising at its fastest pace in 40 years.

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12 Apr

Global growth optimism at all-time low, fund manager survey finds

LONDON (Reuters) -Optimism among fund managers over global economic growth has hit an all-time low while concerns of possible stagflation have risen to the highest since August 2008, a monthly survey by investment bank BoFA Securities showed on Tuesday.

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12 Apr

Oil rises on OPEC warning and easing of Shanghai COVID curbs

LONDON (Reuters) -Oil prices climbed on Tuesday as Shanghai's relaxation of some COVID-19 restrictions eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia.

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12 Apr

Deliveroo warns of slower consumer spending after posting 12% rise in order value

Britain's Deliveroo said on Tuesday that consumer spending could slow for the remainder of the year after the food delivery firm reported higher order values for the first quarter.

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12 Apr

Sri Lanka unilaterally suspends external debt payments, says needs money for essentials

COLOMBO/LONDON (Reuters) -Sri Lanka's central bank said on Tuesday it had become "challenging and impossible" to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials like fuel.

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12 Apr

Stocks weak, bond bashing alive and kicking as U.S. CPI looms

World stocks slipped to their lowest levels in almost a month, the dollar held firm and selling again gripped the world's biggest bond markets on Tuesday ahead of data expected to show annual U.S. inflation rising at its fastest pace in 40 years.

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  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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