The U.S. dollar slipped lower in early European trade Friday and riskier currencies rallied on easing concerns about a global banking crisis. At 04:25 ET…
View More Dollar Retreats as Banking Support Prompts Relief RallyLatest News
Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses
Oil prices crept higher on Friday on the prospect of supportive measures by the OPEC+, although fears of an economic slowdown stemming from a banking…
View More Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly LossesAsian Stocks Surge As Bank Bailouts Lift Spirits
Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support to stem a potential banking…
View More Asian Stocks Surge As Bank Bailouts Lift SpiritsZara Owner Inditex Reports Surge in Annual Profit As Sales Hit Record High
Zara-owner Inditex (BME:ITX) posted a 29% jump in annual profit despite a slowdown in top-line returns in the final quarter, thanks to “historic” growth in…
View More Zara Owner Inditex Reports Surge in Annual Profit As Sales Hit Record HighECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says
European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector, as they expect inflation will…
View More ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source SaysAsian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed
Most Asian stock markets rose on Wednesday, helped by a recovery in bank shares amid easing fears over a potential crisis in the U.S., while…
View More Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish FedVolkswagen to Invest $193 Billion Over 5 Years To Hit EV Target
Volkswagen (ETR:VOWG_p) plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations,…
View More Volkswagen to Invest $193 Billion Over 5 Years To Hit EV TargetBank Slide Deepens As SVB Contagion Fear Rattles Markets
Asia’s share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a U.S. banking crisis had investors fleeing the sector…
View More Bank Slide Deepens As SVB Contagion Fear Rattles MarketsAsia FX Firms, Dollar Slumps as SVB Turmoil Clouds Rate Hike Outlook
Most Asian currencies rose on Monday, while the dollar tumbled to near three-week lows as a potential banking crisis in the U.S. saw markets drastically…
View More Asia FX Firms, Dollar Slumps as SVB Turmoil Clouds Rate Hike OutlookGold Prices Surge As U.S. Bank Woes Taper Rate Hike Expectations
Gold prices hit a one-month high on Monday, recovering sharply from recent losses as markets bet that a burgeoning banking crisis in the U.S. will…
View More Gold Prices Surge As U.S. Bank Woes Taper Rate Hike Expectations