UK inflation eases but little relief at near 40-year high
LONDON (AP) — U.K. inflation has eased but is still stuck near a 40-year high, piling pressure on employers to…
December 14, 2022
HSBC To Stop Funding New Oil And Gas Fields
By Lawrence White LONDON (Reuters) – HSBC will no longer provide new lending or capital markets finance for new oil…
Asia stocks follow Wall St down as Fed warns of higher rates
BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the…
China Fuel Demand Outlook Brightens As Road, Air Traffic Jumps After COVID Curbs Ease
By Muyu Xu SINGAPORE (Reuters) – Road and air traffic in China, the world’s second-biggest oil consumer, has rebounded sharply…
Dollar Weak After Soft U.S Inflation Data, Focus Switches To Fed
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar struggled to gain a foothold on Wednesday after a sharp dive…
Fed raises key rate by half-point and signals more to come
WASHINGTON (AP) — The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh…