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Dollar gains amid caution over virus, data fails to inspire yuan

The U.S. dollar was supported on Monday amid renewed worries about coronavirus restrictions in Asia, but investors are heavily positioned for it...

Inflation woes spook US stocks; USD, Treasury yields jump

U.S. stocks slumped on Wednesday and benchmark Treasury yields jumped after data showed consumer prices unexpectedly rose by the most in nearly...

US inflation sees biggest jump since 2008

US inflation surged in April from a year earlier as the economic recovery picked up. Consumer prices jumped 4.2%...

Banks told to ‘hit the accelerator’ in ditching Libor rate

Britain’s finance watchdog wants banks to speed up a shift to new interest rate benchmarks that replace the Libor rate which is...

Stocks cheer prospects for low rates, oil rides pipeline outage higher

Stocks rose on Monday amid speculation that interest rates will remain low due to receding inflationary pressure, while oil and gas prices...

Stocks rise as growth shares gain on Wall St; dollar off highs

Stock indexes rose globally on Wednesday, with the Nasdaq leading gains on Wall Street, while the U.S. dollar eased off its more...