Wall St stocks fall, oil rises as China drops quarantine rule

Wall St stocks fall, oil rises as China drops quarantine rule

NEW YORK/LONDON, Dec 27 (Reuters) – Wall Street’s benchmark S&P 500 and the Nasdaq fell on Tuesday after the release of U.S. economic data, while oil prices rose after China said it would scrap its COVID-19 quarantine rule for inbound travellers, which was seen as a major step in reopening its borders. U.S. Treasury yields … Read more

Anthony Albanese and Peter Dutton deliver their 2022 Christmas messages – Guardian Australia

Anthony Albanese and Peter Dutton deliver their 2022 Christmas messages – Guardian Australia

Anthony Albanese and Peter Dutton deliver their 2022 Christmas messages  Guardian Australia Anthony Albanese and Peter Dutton thank emergency services, defence force members in Christmas messages  ABC News Albanese thanks Aussies spending Christmas working in annual address  9News View Full coverage on Google News

European Parliament kicks out VP Kaili over Qatar graft scandal

European Parliament kicks out VP Kaili over Qatar graft scandal

Kaili was one of four people arrested in Belgium Greek politician’s lawyer says she denies wrongdoing Police uncovered cash in raids, some in suitcase in hotel European Parliament’s role as bloc’s moral compass at risk STRASBOURG, Dec 13 (Reuters) – The European Parliament removed Greek MEP Eva Kaili as a vice president of the assembly … Read more

Global shares ease as central bank rate hikes loom

Global shares ease as central bank rate hikes loom

Crude oil prices ease Dollar little changed U.S. CPI on Tuesday, Fed meeting on Wednesday ECB, BOE rate decisions on Thursday LONDON, Dec 12 (Reuters) – Global stocks fell on Monday as investors braced for the last round of transatlantic interest rate hikes this year from a trio of central banks, hoping that a hitherto … Read more

Dollar gains as inflation pressures persist; eyes on c.bank meetings

Dollar gains as inflation pressures persist; eyes on c.bank meetings

SINGAPORE, Dec 12 (Reuters) – The dollar climbed on Monday after data on Friday showed U.S. producer prices had risen more than expected last month, pointing to persistent inflationary pressures and a chance the Federal Reserve would keep interest rates higher for longer. The dollar rose 0.35% against the Japanese yen to 137.05. Against a … Read more

Australia’s Wong to visit Pacific in bipartisan effort to boost ties

Australia’s Wong to visit Pacific in bipartisan effort to boost ties

SYDNEY, Dec 11 (Reuters) – Australia’s foreign minister will be part of a bipartisan group of Australian politicians set to travel to Vanuatu, the Federated States of Micronesia and Palau this week in a bid to bolster regional ties. The group comprises Foreign Affairs Minister Penny Wong, senior government minister Pat Conroy, and their opposition … Read more

Oil gives up the year’s gains, closing at 2022 low

Oil gives up the year’s gains, closing at 2022 low

Brent crude closes at its lowest level this year U.S. fuel stocks build more than expected China’s relaxation of COVID curbs to support demand Investors wary over recession warnings, rate hike outlook HOUSTON, Dec 7 (Reuters) – The price of oil fell to its lowest level this year on Wednesday, forfeiting all of the gains … Read more

California offshore wind auction bids top $460 mln on day two

California offshore wind auction bids top $460 mln on day two

Dec 7 (Reuters) – The first ever auction of offshore wind development rights off the coast of California entered its second day on Wednesday, with high bids topping $460 million. The Biden administration’s sale is a major milestone in the its goal to put turbines along every U.S. coastline and a critical test of developer … Read more

Stocks slide, dollar steady as market gauges Fed’s rate policy

Stocks slide, dollar steady as market gauges Fed’s rate policy

NEW YORK/LONDON, Dec 6 (Reuters) – Global stocks headed for a third straight day of losses on Tuesday and the dollar held steady as the market assesses how long the Federal Reserve keeps interest rates higher and the likelihood that policy provokes a recession. U.S. stocks followed European shares lower, with all sectors in the … Read more

European markets stay cautious after China eases pandemic measures

European markets stay cautious after China eases pandemic measures

LONDON, Dec 5 (Reuters) – European stock indexes opened slightly lower on Monday, finding little support from an easing of China’s domestic pandemic restrictions, after market sentiment was dampened by U.S. jobs data on Friday that raised fears of persistent inflation. Asian shares had been boosted early on Monday by hopes that China taking steps … Read more