Global stocks bounce off 18-month lows, but markets watch for recession

S&P futures rise 1.13%, European shares rise 0.96% MSCI Asia excluding Japan +1.8%, Nikkei +2.64% Concerns about inflation, policy tightening persist Dollar hovers near 20-year highs on safe haven demand LONDON/SHANGHAI (Reuters) – Global stocks rose from the previous day’s 18-month lows and the dollar pulled back from a 20-year high on Friday, although investors … Read more

Ukraine says it damaged a Russian ship and is seeking to evacuate injured Mariupol fighters

Ukraine says it damaged a Russian supply ship in the Black Sea Relatives of Mariupol fighters beg for their rescue Finland wants security after Russia’s invasion of Ukraine Sweden expected to follow suit in trying to join the alliance KHARKIV, Ukraine (Reuters) – Ukraine said it had damaged a Russian navy logistics ship near Snake … Read more

North Korea announces first death from COVID-19 as fever spreads explosively

SEOUL (Reuters) – At least one person confirmed to have COVID-19 has died in North Korea and hundreds of thousands have developed symptoms of fever, state media said on Friday, providing hints about the potentially dangerous scale of the spread of the country’s first confirmed case. epidemic. The data is an unprecedented acknowledgment of an … Read more

North Korea reports COVID cases, launches 3 ballistic missile tests

SEOUL (Reuters) – South Korea and Japan said North Korea fired three ballistic missiles toward the sea off its east coast on Thursday in its latest tests aimed at advancing its weapons programs even as it reported an outbreak of the COVID-19 disease. for the first time. Three short-range ballistic missiles were launched at about … Read more

Stocks in decline, dollar rises as fears of a hard landing escalate

A broker interacts while trading on his computer at a stockbroking firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register Global stocks fell to their lowest level in a year and a half, down nearly 20% year-to-date Europe drops more than 2% struggling US stock … Read more

A closer look: China’s Xiaomi launches investigations into India’s main market

A man walks past the logo of Xiaomi, the Chinese consumer electronics manufacturer, outside a store in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register NEW DELHI (Reuters) – Chinese smartphone giant Xiaomi Corp (1810.HK) It faces legal problems in India as a federal financial crime … Read more

NATO welcomes Nordic members as Ukraine pushes Russian forces back

Finland expected to announce its attempt to join NATO Ukraine stops the main route for transporting Russian gas to Europe Russia imposes sanctions on Gazprom units in Europe and the United States Ukrainian forces seek to cut Russian supply lines on the battlefield Kyiv/BRUSSELS (Reuters) – Finland is expected to announce on Thursday its intention … Read more

Stocks churned, they are closed; Yields fall after US inflation data

NEW YORK (Reuters) – Wall Street closed sharply lower and Treasury yields fell in a volatile session on Wednesday, as oil prices soared and investors worried about a possible economic slowdown. US stock indices were swinging up and down during the session as investors chose US inflation data for clues about the path of the … Read more

Explainer: Can Elon Musk renegotiate a lower price for his Twitter deal?

May 11 (Reuters) – Twitter Inc (TWTR.N) Shares have fallen to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions about whether the world’s richest person would try to renegotiate the deal. On Tuesday, the implied probability of closing the deal … Read more

Ukraine halts transport of major Russian gas to Europe, blaming Moscow

Gas pipelines at the Atamanskaya compressor station, a facility of the Gazprom Power of Siberia project outside the far eastern town of Svobodny, in the Amur region, Russia, November 29, 2019. REUTERS/Maxim Shemetov. Register now to get free unlimited access to Reuters.com Register Kyiv/LONDON (Reuters) – Ukraine said on Tuesday it would suspend the flow … Read more