By Swati Pandey SYDNEY (Reuters) – Asian shares slipped off record highs on Friday as investors took profits after a recent rally that was driven by hopes of U.S. economic stimulus by newly inaugurated President Joe Biden. Sentiment...
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Taiwan says realistic about U.S. trade deal, but one will happen eventually
By Jeanny Kao and Ben Blanchard TAIPEI (Reuters) – Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right “success will flow naturally”,...
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Oil prices fall as China’s surging COVID-19 cases trigger clampdowns
By Sonali Paul and Koustav Samanta MELBOURNE/SINGAPORE (Reuters) – Oil prices dropped on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel...
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Stocks at new peaks on stimulus hopes, dollar slips
By Herbert Lash NEW YORK (Reuters) – World stock markets racked up record highs on Thursday and the dollar slipped as investors bet major stimulus from new U.S. President Joe Biden and unswerving global central bank support would...
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Oil steadies after unexpected build in U.S. crude stockpiles
By Stephanie Kelly NEW YORK (Reuters) – Oil prices steadied on Thursday after industry data showed a surprise increase in U.S. crude inventories that revived pandemic-related fuel demand concerns, while U.S. stimulus hopes buoyed...
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Airbus slows A320 ramp-up on weaker market outlook
By Laurence Frost PARIS (Reuters) – Airbus has slowed a planned ramp-up of A320 aircraft production, the European planemaker said, as the coronavirus travel slump takes a growing toll on its airline clients. Output of the...
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