Asian stocks stumble as weak China data fan global growth worries

HONG KONG (Reuters) – Asian shares fell on Wednesday as weaker-than-expected Chinese economic data reinforced worries about slowing global growth, amid fraught nerves over pandemic-related business disruptions and central banks’ plans to taper stimulus.FILE PHOTO: A man wearing a protective face mask walks past a stock quotation board outside a

Equities fall as U.S. inflation data raises more questions

NEW YORK (Reuters) – Global markets edged lower and the dollar fell on Tuesday after data showed U.S. inflation rose by less than expected, raising renewed questions on when the U.S. central bank will begin tapering its asset purchases.FILE PHOTO: The floor of the the New York Stock Exchange (NYSE) is seen after the close

Global markets edge lower as U.S. inflation data raises more questions

NEW YORK (Reuters) – World markets edged lower and the dollar fell on Tuesday after data showed U.S. inflation rose by less than expected, stoking uncertainty over U.S. central bank policy.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 13,

Asia stocks in cautious mood, dollar near 1-mth lows

SYDNEY (Reuters) – Asian share markets were in a cautious mood on Thursday as concerns grew over the Chinese economy after a run of soft data, while the risk of a sub par U.S. payrolls report kept the dollar on the defensive.FILE PHOTO: A man wearing a face mask is

Asian shares rise on dovish Fed prospects but China caps gains

HONG KONG (Reuters) – Asian shares perked up and the dollar fell to two-week lows on Monday after U.S. Federal Reserve Chairman Jerome Powell struck a dovish tone at the central bank’s long-awaited symposium, although investors remained cautious about prospects in China.FILE PHOTO: A man wearing a protective face mask,

Stocks fall, U.S. yields rise after Fed officials focus on taper timeline

NEW YORK (Reuters) – Global equity markets slipped while U.S. Treasury yields rose to two-week highs on Thursday after two hawkish Federal Reserve officials called for the U.S. central bank to start ending its bond-buying program ahead of a key speech by Fed Chair Jerome Powell.FILE PHOTO: A Wall Street

Asian shares move off near year lows, NZ holds rates steady

HONG KONG (Reuters) – Asian shares edged off near year-to-date lows on Wednesday despite Wall Street’s overnight declines, while New Zealand’s central bank defied expectations by not raising interest rates as the country is in lockdown due to cases of the COVID-19 Delta variant.An investor looks at a stock quotation

Dollar firms as Fed members talk of tightening

SYDNEY (Reuters) – The dollar was poised to push higher on Thursday as hawkish comments from the U.S. Federal Reserve led markets to bring forward the likely timing of a policy tightening there, while action in Europe and Japan remain distant prospects.FILE PHOTO: Stacks of former U.S. President Abraham Lincoln

Dollar recovers ground as jobless claims data helps

NEW YORK (Reuters) – The U.S. dollar edged higher on Thursday, recovering some of the ground lost in the prior session after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy.Slideshow ( 2 images )The dollar index, which

Dollar declines as Fed's Powell maintains dovish message

NEW YORK (Reuters) -The dollar pared recent gains on Wednesday after Federal Reserve Chair Jerome Powell told Congress the U.S. economy was “still a ways off” from levels the central bank wanted to see before tapering its monetary support.FILE PHOTO: Rolled Euro banknotes are placed on U.S. Dollar banknotes in