By Laura Sanicola NEW YORK (Reuters) -Oil prices fell more than 3% on Monday after weak economic data from China and the United States, the world’s top oil consumers, and higher crude output from OPEC producers stoked fears of...
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Factbox-Record-low rates spur Australia M&A frenzy in 2021
(Reuters) -Australia is seeing a flurry of deal-making so far this year, as record-low interest rates have given institutional investors and companies a well-funded war chest to chase higher valuations. From potentially one of...
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China buyers re-emerge, patient Fed saps dollar
By Marc Jones LONDON (Reuters) – World share markets were back on form on Thursday as the U.S. Federal Reserve signalled it was in no rush to taper stimulus and reassurances from Beijing saw beaten-up Chinese stocks leap off the...
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Analysis-Tesla hikes electric car prices in U.S.; holds line in China
By Eva Mathews, Nivedita Balu and Hyunjoo Jin (Reuters) -Tesla Inc showed signs of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices...
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Dollar dips after Fed fails to provide taper timeline
By John McCrank and Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar eased on Wednesday after the U.S. Federal Reserve said the economic recovery is on track despite a rise in COVID-19 infections in a policy statement that was...
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International investor concerns mount over China’s tech rout
By Marc Jones LONDON (Reuters) – International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China’s top tech stocks and began to seep into currency and debt markets....
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