Page 981 - Reuters

Wall Street stocks, US yields rise after Fed Reserve's rate hike

Main Wall Street stock indexes and Treasury yields rose after the US Federal Reserve hiked interest rates and laid out an aggressive plan for further increases to combat inflation

Dollar falls as hawkish Fed Reserve delivers without an extra kick

The dollar fell on Wednesday after the U.S. Federal Reserve moved to a hawkish monetary policy but without delivering a tougher surprise that might have added to its weeks-long momentum

Fed lifts interest rates a quarter point, signals more hikes to come

US central bank sees more rate hikes in 2022 and 2023, says there is need to limit inflation hit for families.

Russian tech entrepreneurs to launch 'Rossgram' after Instagram is blocked

The new service, known as Rossgram, will launch on March 28

7.3 magnitude Japan quake cuts power to 2 million households

There were no immediate reports of casualties or damage

Tencent, Alibaba jump over 20% as govt assures stability and support

The HSI surged more than 9 per cent to above the 20,000-point mark

Don't want to occupy Ukraine, says Russian President Vladimir Putin

'Keeping Russia in check a long-term policy of the West'

India approves investments worth $1.79 billion from its neighbours

India said on Wednesday it had approved foreign investment worth $1.79 billion from neighbouring states, in its first statement since tightening controls after tensions with China in 2020.

Oil prices dip on Russia-Ukraine peace talks, US inventory data

By David Gaffen

Fed raises US interest rates by 25 bps in opening bid to curb inflation

The interest rate path shown in new projections by policymakers is tougher than expected, reflecting Fed concern about inflation that has moved faster

Wall Street surges on Ukraine peace talks, looming Fed rate hike

Big banks rise in anticipation of interest rate hike; China ADRs surge on Beijing's move to support markets

WHO says rise in global Covid cases is the tip of the iceberg

'Surges are to be expected particularly in areas where measures to prevent transmission have been lifted,' says WHO head

Gold prices slip on Russia-Ukraine peace talks, looming Fed rate hike

Spot gold was down 0.4% at $1,909.87 per ounce as of 10:59 ET (1459 GMT), after touching its lowest since March 1 at $1,903.59 earlier in the session

Euro climbs on peace talks, overshadowing expected Fed rate hike

A stronger euro overshadowed the dollar index that has gained during the war in Ukraine.

Putin says Russia will achieve goals in Ukraine, won't bow to West

In a televised speech, Putin went further than before in acknowledging the pain that Western sanctions were inflicting on the economy, but insisted that Russia could withstand the blow

Ukraine peace talks, China stimulus, US rate rise prospects lift stocks

By Carolyn Cohn

European Union hikes tariffs on India, Indonesia stainless steel makers

The European Union has determined that imports of cold-rolled flat stainless steel products from India and Indonesia benefit from unfair subsidies and imposed tariffs

Russia and Ukraine both play up compromise as peace talks set to resume

About 20,000 flee Mariupol in private cars while hundreds of thousands still trapped in city; Ukraine president says peace talks more 'realistic'

Future Retail says will act to reverse store takeovers by Reliance

Since the last week of February 2022, Reliance Group has unilaterally terminated the leases and forcefully taken over control of hundreds of Future Retail's stores, said FRL on Wednesday

BPCL delays 25-day crude unit maintenance shutdown to May: Report

BPCL has deferred a maintenance shutdown of a crude unit at a 240,000 barrels per day Mumbai refinery to May as its seeks to gain from strong fuel cracks