Page 938 - Reuters

Most Asian indexes gain ground on US yield drop, but Chinese stocks fall

A 0.78% drop for Hong Kong and 0.36% decline for blue chips in mainland China pulled MSCI's broadest index of Asia-Pacific shares outside Japan 0.22% lower

Oil climbs higher but takes a breather in tight range; Brent rises 55 cents

U.S. West Texas Intermediate (WTI) crude futures gained 41 cents, or 0.4 per cent, to 102.60 a barrel, adding to a 19 cent gain in the previous session.

Wall Street mixed as Nasdaq drags, bond yields dip after recent surge

US Treasury yields dipped after hitting three-year highs on Wednesday as buyers emerged. Benchmark 10-year yields were last at 2.8455%, after reaching 2.981% overnight, the highest since Dec. 2018

Oil prices settle mixed amidst Russia supply, demand concerns

The front-month WTI crude futures contract, which expires on Wednesday, rose 19 cents to settle at $102.75, unchanged

Yen rises from 20-year trough against dollar as US yields retreat

The U.S. dollar hit 129.43 yen on Wednesday for the first time since April 2002 earlier in the session, before easing to 127.79 yen, down 0.8%

US stocks mixed as Nasdaq drags on Wall Street, bond yields dip

The Dow Jones Industrial Average ended higher for the second straight day, the S&P 500 was flat, and the Nasdaq Composite fell sharply after Netflix reported it had lost subscribers for the first time

Musk races to get Twitter bid financing, may pour in $15 bn of own money

Musk is evaluating various packages of debt, including more senior debt known as preferred debt and a loan against his shares of Tesla, the electric carmaker that he runs, two of the people said

Oil prices rebound after sharp losses as supply concerns dominate

Brent crude futures rose 66 cents, or 0.6%, to $107.91 a barrel by 0623 GMT while the front-month WTI crude futures contract, which expires on Wednesday, rose 46 cents, or 0.5%, to $103.02 a barrel

Tata Steel to stop doing business with Russia after 'conscious decision'

It is the latest global company to cut ties with the country for invading Ukraine.

US house prices hit record high, home sales tumble in March

Existing home sales dropped 2.7 per cent to a seasonally adjusted annual rate of 5.77 million units last month, the National Association of Realtors said on Wednesday

YouTube takes down Hong Kong leader candidate's channel

The move, which has no bearing on his chances of winning office, follows the imposition of US sanctions on Lee and other Hong Kong and Chinese officials in 2020

Elon Musk tweets cryptic phrase days after Twitter takeover offer

The offer from Musk, who has hinted at the possibility of a hostile bid, has prompted the social media company to adopt a 'poison pill' to protect itself

Scientists prepare CERN collider restart in hunt for 'dark matter'

Physicists hope the resum­ption of collisions will help in their quest for so-called "dark matter" that lies beyond the visible universe.

Pakistan to cut expenditures, development funds to revive IMF programme

'We will seek revival of the IMF programme, and we will, God willing, do belt tightening, and cut PSDP (Public Sector Development Funds),' Ismail told a news conference in Islamabad

UK PM Johnson to offer India alternatives to Russia ties on visit this week

US President Joe Biden told Modi earlier this month that buying more oil from Russia was not in India's interest

Russia tests nuclear-capable ballistic missile that Putin says has no peer

Putin was shown on television being told by the military that the missile had been launched from Plesetsk in the country's northwest and hit targets in the Kamchatka peninsula in the far east

World needs extra $1.3 trillion energy investment by 2030: JP Morgan

Investment will need to be inclusive of all fuels, including oil and gas, renewables and nuclear, with oil demand alone expected to grow by around 10% by 2030 and gas by 18%

IMF says governments must protect vulnerable 'when things fall apart'

IMF Fiscal Affairs Director Vitor Gaspar said poor households spent up to 60% of their budgets on food, compared to just 10% for the average household in advanced economies

Cheap Indian wheat faces quality checks, high freight cost for Egypt export

Traders also said freight costs would be a challenge for Indian suppliers, adding that the lowest freight cost on Tuesday stood at $70 a tonne

New surrender deadline in Mariupol as West promises Ukraine more arms

Moscow was forced to retreat from northern Ukraine after an assault on Kyiv was repelled last month, but has poured troops back in for an assault on the east that began this week