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Euro set for best week since May after ECB opts for big hike
By Kevin BucklandTOKYO (Reuters) - The euro headed for its best week since May on Friday after the European Central Bank (ECB) raised…
Nokia sees chip shortage easing as profit beats forecasts
By Supantha MukherjeeSTOCKHOLM (Reuters) - Finnish telecom equipment maker Nokia (NYSE:NOK) reported on Thursday quarterly operating…
Oil edges higher after slide below $100
By Alex LawlerLONDON (Reuters) - Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and…
Euro pulls back from near parity, up 0.2%
LONDON (Reuters) - The euro bounced from near-parity versus the dollar on Tuesday and pushed into positive territory in volatile London…
Oil drops on China COVID worries
By Sonali PaulMELBOURNE (Reuters) - Oil prices fell on Monday in volatile trade, reversing some gains from the previous session as…
Tesla sells record high China-made vehicles in June
SHANGHAI (Reuters) -Tesla in June achieved its highest monthly sales of China-made vehicles since opening its Shanghai plant in 2019, data…
Dollar rules as recession fears hit euro, pound under fire
By Rae Wee and Alun JohnSINGAPORE/HONG KONG (Reuters) - The dollar stood tall on Wednesday, holding at a 20-year peak against the euro…
Gold inches down as U.S. bond yields bounce back
(Reuters) - Gold dipped slightly on Tuesday, as a recovery in U.S. Treasury yields from last week's one-month lows reduced the appeal of…
China central bank upgrades currency swap with HKMA, expands size to 800 billion yuan
BEIJING (Reuters) - China's central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a standing swap…
Analysis-Japan widens FX watch to include risk of yen spike as U.S. recession fears mount
By Tetsushi Kajimoto and Leika KiharaTOKYO (Reuters) - Japanese policymakers worried about the yen sliding lower are increasingly also…