[ad_1] LONDON (Reuters) – World stocks hit a 12-day trough on Monday as fears for economic growth sent investors dashing for safe-haven assets, but the selloff lost some momentum after better-than-expected data from Germany. An
Karnataka lets off Ola with a fine
[ad_1] An employee speaks over his phone as he sits at the front desk inside the office of Ola cab service in Gurugram, on the outskirts of New Delhi, April 20, 2016. REUTERS/Anindito Mukherjee/Files (Reuters)
Fed’s Evans says have to be nervous about yield curve, but U.S. economy solid
[ad_1] HONG KONG (Reuters) – Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was still confident about the
Singapore’s core inflation rate hits nine-month low as central bank decision looms
[ad_1] A woman pushes a shopping cart at a supermarket in Singapore May 3, 2016. REUTERS/Edgar Su/Files SINGAPORE (Reuters) – Singapore’s core inflation rate eased to a nine-month low in February, reinforcing expectations that the
‘Flashing amber’: Global stocks tumble, bonds rally on U.S. recession risk
[ad_1] SYDNEY (Reuters) – Investors ditched shares on Monday and fled to the safety of bonds as risk assets fell out of favor on growing fears of a U.S. recession, sending global yields plunging. FILE
U.S. buyers of Venezuelan oil sub in Shell, BP offshore crude
[ad_1] NEW YORK (Reuters) – U.S. sanctions on Venezuela’s oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are
Oil prices drop almost 1 percent on concerns recession may be looming
[ad_1] SINGAPORE (Reuters) – Oil prices dropped by almost 1 percent on Monday, with concerns recession could be looming outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela. An
Boeing invites pilots, regulators to briefing as it looks to return 737 MAX to service
[ad_1] SINGAPORE/ADDIS ABABA (Reuters) – Boeing Co said it invited more than 200 airline pilots, technical leaders and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial
China state planner says will continue reform in oil, rail and electrity
[ad_1] National Development and Reform Commission Vice Chairman Ning Jizhe speaks at the China Development Forum in Beijing, China March 24, 2019. REUTERS/Thomas Peter/Pool BEIJING (Reuters) – China will continue reform of railway, oil and
China refuses to concede on U.S. demands to ease curbs on tech firms – FT
[ad_1] (Reuters) – Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on