Notizia

Gold prices hovered near a three-month low on Friday and were set for their fourth straight weekly fall, as the strongest dollar in two decades dampened demand for greenback-priced bullion.

BEIJING (Reuters) -China will offer subsidies, tax breaks and easier loans to boost prospects for college graduates, the cabinet said on Friday, as a record number prepare to enter the workforce this year amid downside risks to economic growth stemming from COVID-19 curbs.

The yen is poised to snap a nine-week losing streak on Friday on weakening risk sentiment, while another Wall Street selloff drove flight-to-safety bids to the dollar, which held near 20-year peaks.

OSLO (Reuters) -Norwegian Air posted a loss for the first quarter on Friday and said the surge in fuel costs will partly offset the positive effects of increased bookings for the summer season.

OSLO (Reuters) -Norwegian Air posted a loss for the first quarter on Friday and said rising fuel costs will partly offset the positive effects of increased bookings for the summer season.

U.S. loans have outperformed other debt instruments this year because of the protection they offer from rising interest rates, but a sharp deterioration in financial markets over the past few weeks has spilled even into this traditional safe haven.

Indonesia has impounded at least 81,000 litres of cooking oil bound for East Timor, the trade ministry said, as the Southeast Asian country seeks to enforce a ban on exports of crude palm oil and its derivatives including cooking oil.

Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank will maintain its dovish guidance on the future path of interest rates for the time being, as the coronavirus pandemic continues to weigh on the fragile economy.

Asian shares trimmed losses on Friday after a volatile session for U.S. equities, while the dollar hovered near 20-year highs as investors continued to digest worries about persistently high inflation and tightening central bank policy.