The Australian dollar jumped to a nine-month high on Tuesday after the country's central bank signalled higher interest rates were closer, while the euro languished near a one-week low amid talk of more sanctions against Russia.
The World Bank cut its growth forecast for East Asia and the Pacific for 2022 to reflect the economic impact of Russia's invasion of Ukraine, warning the region could lose further momentum if conditions worsen.
NEW YORK (Reuters) -Oil prices jumped over 3% on Monday, with investors worried about tighter supply as mounting civilian deaths in Ukraine increased pressure on European countries to impose sanctions on Russia's energy sector.
The euro languished near a one-week low against the dollar on Tuesday amid talk of more sanctions against Moscow following international outrage over Ukraine civilian killings.
MILAN (Reuters) -KKR cannot confirm its 10.8 billion euro takeover approach for Telecom Italia (TIM) unless Italy's biggest telecoms group provides access to the its books, the U.S. fund said in a letter to TIM, according to a source.
Samsung Electronics Co Ltd is likely to post its highest first-quarter profit since 2018, analysts' estimates showed, driven by brisk profits on memory chips as solid demand helped to keep prices firmer than expected.
NEW YORK (Reuters) -Oil jumped about 2% on Monday, with investors worried about tighter supply as mounting civilian deaths in Ukraine increased pressure on European countries to impose sanctions on Russia's energy sector.
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
Google's expert in US antitrust trial defends billions paid to device makers
Post-strike Hollywood rushes to get film, TV sets humming
