Stocks swing higher as China eases quarantine rules

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com register HONG KONG, June 28 (Reuters) – Asian shares swung into positive territory … Read more

Oil prices rise amid G7 talks on new Russian sanctions

Crude oil storage tanks are seen at the Kinder Morgan terminal in Sherwood Park, near Edmonton, Alberta, Canada November 14, 2016. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com register HOUSTON, June 27 (Reuters) – Oil prices traded higher on Monday in a volatile session as investors waited for any moves against Russian … Read more

Stocks extend bear market bounce as inflation angst eases

MILAN/TOKYO, June 27 (Reuters) – World shares extended their bounce on Monday, building on Friday’s strong Wall Street close as off-peak oil prices helped sentiment improve and temper fears of prolonged inflation. Strong morning gains in Europe and a rally across Asian markets after China further eased COVID-19 restrictions drove the MSCI’s benchmark for global … Read more

Stocks temper their inflation expectations on copper pounding

S&P futures up 0.9%, European stocks gain 1.5% MSCI world stocks eyeing 2.5% weekly rise Copper falls more than 7% on week, oil down 2% German 10-year bond yields drop 4 bps LONDON, June 24 (Reuters) – World stocks headed for their first weekly gain in a month and Wall Street was set to open … Read more

Exclusive: Boris Johnson signals UK’s willingness to demine, help export grain from Ukraine

KIGALI, June 23 (Reuters) – Prime Minister Boris Johnson said on Thursday Britain was willing to assist with demining operations off Ukraine’s southern coast and was considering offering insurance to ships to move millions of tonnes of grain stuck in the country. Russia’s Feb. 24 invasion of Ukraine and blockade of its Black Sea ports … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market threatened by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday … Read more

Turkey says it is investigating claims of Russia shipping stolen Ukrainian grain

ANKARA, June 23 (Reuters) – Turkish Foreign Minister Mevlut Cavusoglu said on Thursday that Ankara was investigating claims that Ukrainian grain has been stolen by Russia and shipped to countries including Turkey, but added the probes had not found any stolen shipments so far. Kyiv’s ambassador to Ankara said in early June that Turkish buyers … Read more

Recession fear stalks oil, copper and stocks

LONDON, June 23 (Reuters) – Global markets fell on Thursday as investors worried that further rises in interest rates to decades-high inflation would tip economies into recession. The German economy, Europe’s largest, suffered a sharp loss of momentum at the end of the second quarter, according to the latest Purchasing Managers’ Index, while corresponding figures … Read more

U.S. stocks jump 2% after recent selloff; yen drops vs dollar

S&P 500 ends up more than 2% US Treasury yields rise Yen plunges against dollar Crude oil settles higher NEW YORK, June 21 (Reuters) – Stocks on global indexes rose sharply on Tuesday, with major US stock indexes each ending up more than 2% following a recent selloff, while the Japanese yen fell against the … Read more

Russia tells Lithuania: your citizens will feel the pain over Kaliningrad

Russia warns Lithuania over Kaliningrad Russia summons EU ambassador EU tells Russia: refrain from ‘escalatory steps’ Lithuania: ironic to hear Russia moaning about law LONDON, June 21 (Reuters) – A top ally of President Vladimir Putin told Lithuania on Tuesday that Moscow would respond to its ban on the transit of goods sanctioned by the … Read more