Stocks Rise as China Reopening Offsets Rate Fears: Markets Wrap

Stocks in Europe gained along with US equity futures Monday as Beijing made another move to ease Covid restrictions, helping soothe a fragile mood amid inflation and rate-hike concerns. Travel…

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EU Leaders Back Push to Ban Most Russia Oil Over Putin’s War

European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of sanctions to punish Russia and its president, Vladimir Putin, for…

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Stocks Steady as China Sours Mood; Dollar Dips: Markets Wrap

 Asian stocks traded mixed Monday as investors assess the impact of China’s Covid policies on growth and the outlook for the world’s largest economies. The dollar and Treasuries retreated. Equities…

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Goldman’s Blankfein Says US at ‘Very, Very High Risk’ of Recession

Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession, saying it’s a “very, very high risk.” “If I were running a big company,…

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China’s Export Growth Weakens to 2020 Low as Lockdowns Bite

China’s exports and imports struggled in April as worsening Covid outbreaks cut demand, undermined production and disrupted logistics in the world’s second-largest economy. Export growth in April in dollar terms…

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Powell’s Fed Set to Go Big and Keep Going Until Inflation Tamed

Jerome Powell doesn’t like to bless bets in financial markets, but he could shift the needle this week on how high investors expect the Federal Reserve to raise interest rates…

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European Stock Futures Decline on French Vote as Risks Remain

European stock futures dropped after polls showed French President Emmanuel Macron in a tight race with his nationalist rival Marine Le Pen in the final round of the French election.…

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War in Ukraine Sends Indonesia Exports, Imports to New Records

Indonesia’s exports rose to a fresh beating all analyst forecasts in a Bloomberg survey for a total value of $26.5 billion last month. Southeast Asia’s largest economy recorded a trade surplus…

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