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Dollar extends gains against Japan's yen as big US Fed hike bets ramp up

The greenback was last 0.31% higher at 135.42 yen, and earlier rose to 135.585 yen, its highest since July 28, after surging 1.57% in the previous session, its biggest single-day gain since June 17

Asia shares subdued, dollar encouraged by 'super-sized' US rate risk

Markets quickly moved to price around a 70% chance Federal Reserve will lift rates by 75 basis points in September, sending two-year yields up 20 basis points on Friday and further inverting the curve

Senate Democrats fend off changes to $430-bn climate and drug Bill

Senators, working over the weekend to pass a bill central to Biden's domestic agenda, labored through the morning in hopes of passing the bill before starting an August recess

Chinese and Taiwanese warships shadow each other as drills due to end

Chinese and Taiwanese ships circle in high seas 'cat and mouse'; four days of Chinese drills due to end at midday; Chinese state media condemns Pelosi's 'poltical stunt'

Wall St week ahead: Inflation data may seal fate of unloved US stock rally

For their part, Fed officials have over the past week opposed the narrative of a so-called dovish pivot

Berkshire Hathaway posts $43.8-bn Q2 loss as stock holdings tumble

Berkshire nevertheless generated nearly $9.3 billion of operating profit, as gains from reinsurance and the BNSF railroad offset fresh losses at the Geico car insurer

DLF mulls auction bid for Delhi mall with base price of $366 mn: Report

India's biggest real estate developer DLF is evaluating a bid for a prominent New Delhi shopping mall which has a starting auction price of $366 million

India's Pine Labs eyes $4-5 bn in monthly payments from new business

India's Pine Labs is targeting $4 billion to $5 billion in monthly transactions within two years for its new online payments business.

How Holcim units, other cement firms fixed prices: Antitrust probe

Cement production is a lucrative business in India's booming economy, with high demand especially from rural housing and infrastructure firms

US job growth beats expectations; unemployment rate declines 3.5%

Data for June was revised higher to show 398,000 jobs created instead of the previously reported 372,000.

Three more ships with grain depart Ukraine ports under the UN deal

The July 22 deal marked a rare diplomatic breakthrough as war rages in eastern Ukraine, with Kyiv trying to rebuild its shattered economy after more than five months of conflict

Wall Street falls as solid jobs data fuels interest rate hike worries

The Dow Jones Industrial Average was down 134.01 points, or 0.41%, at 32,592.81, the S&P 500 was down 27.03 points, or 0.65%, at 4,124.91

Dollar edges higher as investors turn attention to key US jobs data report

The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.22% to 105.93, after sliding 0.68% on Thursday, the largest fall since July 19.

Oil prices set to end week at multi-month lows on recession fears

By Noah Browning

Oil prices rise from multi-month lows on supply shortage concerns

Brent crude rose 39 cents, or 0.4%, to $94.51 a barrel by 0900 GMT. U.S. West Texas Intermediate crude was up 27 cents, or 0.3%, at $88.81.

India OIS rates jump by at least 15 basis points on RBI rate hike

India's overnight indexed swap rates jumped by at least 15 basis points after the country's central bank hiked its key policy repo rate by 50 basis points and highlighted inflation concerns.

Global rice supplies at risk as harsh weather hits top exporters: Analysis

Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world's most important food staple and stoke food inflation.

Bond yields 3-month low ahead of RBI policy decision as oil prices drop

Indian government bond yields dropped on Friday, with the 10-year yield trading at a three-month low, after global oil prices fell overnight, while market participants awaited a Reserve Bank of India

Gold at 1-mth peak as Treasury yields fall; focus on U.S. jobs report

Gold prices steadied at a one-month high on Friday, ahead of a much awaited US jobs data, as a retreat in Treasury yields and growing recession fears boosted safe-haven demand kept bullion on track.

Oil prices extend losses on inflation, demand worries; hits 5-month low

Oil prices extended losses, after hitting their lowest since before Russia's February invasion of Ukraine in the previous session, as the market fretted over the impact of inflation