Page 966 - Reuters

India buys Russian sunflower oil at record price as Ukraine supplies stop

Sunflower oil from Russia could help the world's biggest edible oil importer in easing the shortfall at a time when availability of vegetable oils is stretched

Biden's Putin power remark raises questions about long-term Russia strategy

Biden, his aides and allies are scrambling to explain his remark that Russian leader Vladimir Putin could not remain in power as they do not want to escalate conflict between Washington and Moscow

War, inflation drag German consumer sentiment lowest since Feb 2021

German consumer morale looks set to slump heading into April as the Ukraine war pushed households' economic and income expectations to new record lows since the 2009 financial crisis, a survey showed

Air raid sirens wail as Ukraine hopes for ceasefire from peace talks

Air raid sirens sounded across Ukraine before dawn on Tuesday as Ukrainian and Russian negotiators prepared to meet in Turkey for face-to-face talks, with Kyiv seeking a ceasefire

Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos

Shanghai again tightens Covid-19 lockdown on second day of curbs

Shanghai, China's most populous city, on Tuesday again tightened the first phase of a two-stage COVID-19 lockdown, asking some residents to stay indoors unless

Russian oil firm shuffles Venezuela assets as sanctions bite: Report

A Russian oil company used to provide a workaround to U.S. oil trading sanctions on Venezuela is scrabbling to avoid another set of sanctions, documents show

Brazilian President Bolsonaro in hospital after feeling discomfort

Brazilian President Jair Bolsonaro was taken to hospital for tests on Monday after feeling abdominal "discomfort", his Communications Minister said

Asian shares gain as BOJ defends ultra-easy stance, oil price eases

Japanese shares led gains in Asian stocks on Tuesday as the Bank of Japan defended its ultra-easy stance, while oil slid on fears of lower demand from China as Shanghai applied a "zero-COVID" strategy

Shanghai says will hand out $22 bn in tax relief to firms amid Covid fight

China's Shanghai said it would roll out policies to help the local economy cope with a surge in Covid-19 cases in the city, including offering refunds that will reduce firms' tax burdens by $22 bn

Hong Kong Feb home prices drop to 13-month low, hit by new Covid wave

Hong Kong private home prices dropped at a faster pace in February to their lowest since January 2021, official data showed on Tuesday

ONGC sells Russia's Sokol oil to Hindustan Petroleum, Bharat Petroleum: Rpt

Indian companies are snapping up Russian oil as it is available at a deep discount after some companies and countries shunned purchases from Moscow due to sanctions against Russia

Chicago wheat, corn futures fall ahead of Ukraine-Russia peace talks

Chicago wheat and corn futures fell, ahead of Ukraine and Russia heading for peace talks, with worries over surging COVID-19 cases in China weighing on commodities markets further

Weekly USDA wheat ratings rise in Kansas, drop in Oklahoma, Colorado

The US Department of Agriculture's (USDA) National Agricultural Statistics Service in a weekly crop report on Monday rated 32% of the winter wheat in top producer Kansas

Australia's retail sales beat forecasts, rise 1.8% to $24.76 bn in February

Australian retail sales beat forecasts again in February as shoppers defied storms and Omicron waves to return to cafes and department stores for the second-best month ever of spending

Yen on the ropes as Japanese central bank defends bond yield target

The Japanese currency fell as much as 2.4% to 125.10 to the dollar overnight, its lowest since August 2015, before recovering to 124.24 in volatile morning trade in Tokyo.

Gold prices fall on firmer US yields, dollar; palladium sinks 8%

Spot gold fell 1.07% to $1,936.36 per ounce by 12:01 p.m. ET(1601 GMT), while U.S. gold futures declined 0.9% to $1,936.40.

Dollar hits 6-year high vs yen as BOJ moves against rising bond yields

The euro gained 1.27% to 135.895 yen, a four-year high.

Oil prices drop on China demand worries, Ukraine peace talk hopes

Brent crude futures were poised to open around $3 lower, also after sliding around 7% in the previous session.

Rate outlook drags world stocks, yen slides

The Dow Jones Industrial Average lost 0.57%, the S&P 500 fell 0.22%, and the Nasdaq Composite was little changed