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Oil prices slipped in early Asian trading; Brent Crude falls to $102.40

Oil prices slipped in early Asian trading, following the second straight weekly decline after world consumers announced plans to release crude from strategic stocks and as Chinese lockdowns continued

Musk polls followers on converting Twitter HQ to homeless shelter

Amazon.com Inc founder Jeff Bezos backed the idea

Macron lead in French election lends a hand to the euro ahead of ECB

The euro briefly flickered as high as $1.0955 in thin early hours of the Asia session, before settling about 0.15% higher than Friday's close at $1.0890. It was also firmer on sterling and the yen.

Asian stock markets wary ahead of ECB meeting, US inflation data

The mood in equity markets was cautious, with MSCI's broadest index of Asia-Pacific shares outside Japan easing 0.1%. Japan's Nikkei dropped 0.6%, having shed 2.6% last week.

Musk proposes Twitter Blue subscription shake-up days after revealing stake

Twitter Blue, launched in June 2021, is Twitter's first subscription service

Biden will speak to Modi as US warns India on imports of Russian energy

Lured by steep discounts following Western sanctions on Russian entities, India has bought at least 13 million barrels of Russian crude oil since the country invaded Ukraine in late February

Dozens of Ukrainians found in grave near Kyiv as battle looms in east

Taras Didych, head of the Dmytrivka community that includes Buzova, told Ukrainian television that the bodies were found in a ditch near a petrol station.

Shehbaz Sharif, frontrunner as next Pak PM, seen as 'can-do' administrator

As chief minister of Punjab, Pakistan's most populous province, Sharif planned and executed a number of ambitious infrastructure mega-projects

India to US: What political upheaval in Pakistan means for the world

The nation of more than 220 million people lies between Afghanistan to the west, China to the northeast and India to the east, making it of vital strategic importance.

Benchmark Treasury yield hits 3-year high; dollar posts weekly gain

The dollar index advanced to 100 for the first time in nearly two years. It rose as high as 100.19, its highest since May 2020.

Saudi Arabia expands Haj to 1 million pilgrims, easing Covid-19 curbs

Saudi Arabia will let up to 1 million people join the Haj pilgrimage this year, greatly expanding the key event to participants from outside the kingdom after two years of tight COVID restrictions

Oil prices settle up 2%, post weekly loss on stockpile releases

Brent crude futures settled up $2.20, or 2.19%, at $102.78 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose $2.23 to $98.26.

US dollar posts largest weekly gain in one month on hawkish Fed messages

By Gertrude Chavez-Dreyfuss

Macron makes last-minute appeal to dispirited left as Le Pen surges

Macron accused Le Pen of lying to voters about her campaign platform as he sought to rally support two days before the presidential election's first round

Sri Lanka raises key interest rates by 700 basis points to 14.5%

The heavily indebted country has little money left to pay for imports, meaning fuel, power, food and, increasingly, medicines are in short supply

Britain will send Ukraine a further $130 mn of military support: Johnson

The British prime minister also condemned a reported Russian attack on a train station in eastern Ukraine packed with women, children and elderly people fleeing the conflict

Nasdaq and S&P 500 slide as higher yields hit growth, technology stocks

The Dow Jones Industrial Average was up 11.89 points, or 0.03%, at 34,595.46, the S&P 500 was down 17.23 points, or 0.38%, at 4,482.98

Dollar riding high after index hits 100 for first time in nearly two years

The dollar index rose as high as 100 in early European trading hours, its best level since May 2020. It later lost some momentum and was last broadly flat at 99.844.

IEA details plan to release 120 million barrels of oil over six months

Prices hit 14-year highs last month as Western sanctions on Russia disrupted crude and oil product exports from the world's number two crude exporter

Gold subdued as US interest rate hike expectations dent appeal

Gold is highly sensitive to rising U.S. interest rates and Treasury yield, which increase the opportunity cost of holding the non-yielding bullion, while boosting the greenback in which it is priced