U.S. existing home sales extend decline; house prices race to record high
U.S. home sales fell for a third straight month in April as an acute shortage of properties drove prices to a record high.
Existing home sales...
RWE and BASF plan $4.9 billion wind power project
Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro ($4.9 billion) offshore wind power project to cut emissions at Germany’s most energy-intensive industrial...
Bitcoin’s star backers, dip buyers help cryptos recover
Bitcoin regained some lost ground to trade near $40,000 on Thursday, a day after a brutal selloff on concerns over tighter regulation in China and unease over the extent...
Poland says Nord Stream 2 sanctions waiver a threat to energy security
Poland said on Thursday that the waiver of U.S. sanctions on the company behind Russia’s Nord Stream 2 was a threat to energy security in central and eastern Europe.
UK inflation more than doubles as post-lockdown price climb begins
British inflation more than doubled in April, the start of a likely climb in prices this year as rich economies recover from pandemic lockdowns, but one that the Bank...
Stocks slip, crypto haemorrhage deepens amid inflation worries
Global stocks slipped and cryptocurrencies sank on Wednesday as a threat of unwanted inflation had investors shy away from assets seen vulnerable to any removal of monetary stimulus.
Analysis: Junk bonds: An unlikely haven for rate hike-wary investors
With the possibility of an inflation-led market sell-off on their minds, many bond investors are retreating for shelter to the unlikely haven of junk bonds, a sector typically considered...
Shares rise, dollar eases on U.S. rate outlook
World stocks pushed higher on Tuesday and the dollar dipped to near three-month lows as bets that U.S. interest rates would remain low helped investors look past any short-term...
China to relax birth policy but wary of social risks, sources say
China will tread carefully in relaxing its birth policies for fear of harming social stability, even as the latest census highlights the urgency to address the country’s declining birth...
Oil eases as Asia’s COVID-19 restrictions dampen sentiment
Oil prices drifted lower on Monday after the recovery of a major U.S. pipeline network eased concerns over supply, though fresh restrictions in Asia sparked by surging COVID-19 cases...
