The dollar is likely to keep rallying until the current slowdown in the global economy is over and growth starts to accelerate again, according to Citigroup Global Markets Inc.
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Japanese stocks jumped, on track for their first gain in five sessions, tracking a dramatic rebound in US peers despite a hot inflation reading.
BeIn Media Group, the Qatari broadcaster, has attracted interest from potential partners including Saudi Arabian and US investors, according to people familiar with the matter.
Japan kept up its warnings over excessive moves in the currency market, while a key official declined to comment on whether the country stepped into markets again after a whiplash move in the yen.
A shift toward private markets is cushioning many of the world’s largest investors from the wreckage wrought by runaway inflation and spiraling interest rates.
Uniqlo owner Fast Retailing Co. rose the most in three months after the company issued an outlook for profit and sales for the current fiscal year ahead of analysts’ projections.
UK Chancellor of the Exchequer Kwasi Kwarteng cut short his trip to the US and will head back to London late on Thursday in order to continue work on the government’s long-term fiscal plan, according to a Treasury spokeswoman.
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Singapore tightens policy, keeps door open for more moves on hot inflation
China's Sept consumer prices rise at fastest pace since April 2020