ECB should raise rates in June, even if Iran peace deal is struck, Schnabel says
admin FRANKFURT - The ECB should raise interest rates in June, even if ongoing peace talks with Iran yield a deal,…
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BOJ’s new trend gauge shows inflation exceeding target
TOKYO - Japan's core consumer inflation rate excluding one-off factors, as measured by the central bank's new gauge, hit 2.8%…
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
COLOMBO - Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on…
Brent oil gains 2% as US military strikes on Iran add to uncertainty on potential peace deal
SINGAPORE - Brent crude futures rose over 2% in Asian trade on Tuesday after the U.S. military carried out strikes…
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
COLOMBO - Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on…
Oil rises, stocks waver as new US strikes dampen peace deal hopes
SINGAPORE - Oil prices rose on Tuesday and stocks dithered as investor optimism over an imminent U.S.-Iran peace deal was…
Morning Bid: Peace talks hit turbulence
A look at the day ahead in European and global markets from Rae Wee
US launches fresh strikes on Iran as talks to end war proceed
DUBAI/WASHINGTON - U.S. forces on Monday conducted strikes in southern Iran against targets including boats attempting to lay mines and…
Overheating Calif. chemical tank no longer at risk of exploding, fire officials say
Firefighters contending with a dangerously overheating industrial tank of a hazardous chemical in Southern California have eliminated the possibility of…
BOJ’s Himino says Mideast developments will factor into rate decision
TOKYO - Bank of Japan Deputy Governor Ryozo Himino said the central bank will consider the timing and pace of…