Explainer-Yield curve flattening and inversion: What is the curve telling us?

The U.S. Treasury yield curve has been flattening with parts of it inverting as investors price in an aggressive rate-hiking plan by the Federal Reserve as it attempts to bring inflation down from 40-year highs.

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28-03-2022

U.S. to consider tariffs on solar panels made in Southeast Asia

(Reuters) -U.S. trade officials on Monday said they will launch an investigation that could result in tariffs on solar panels imported from four Southeast Asian nations, a blow to clean energy project developers that rely on cheap imports to keep costs down.

newspaper

28-03-2022

U.S. Chamber sides with Facebook in antitrust appeal

The powerful U.S. Chamber of Commerce filed a brief on Monday, urging a D.C. appeals court to reject an appeal by a big group of U.S. states to revive their antitrust lawsuit against Meta Platform's Facebook.

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28-03-2022

U.S. insurer AIG's life and retirement unit files for IPO

(Reuters) -The holding company of U.S. insurer American International Group Inc's life and retirement business, SAFG Retirement Services Inc, filed for an initial public offering in the United States on Monday.

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28-03-2022

Ex-Goldman banker's wife testifies in husband's defense at 1MDB trial

The wife of former Goldman Sachs banker Roger Ng on Monday testified in her husband's defense at a U.S. trial over the looting of hundreds of millions of dollars from Malaysia's 1MDB sovereign wealth fund between 2009 and 2014.

newspaper

28-03-2022

U.S. to consider tariffs on Southeast Asian solar imports

(Reuters) -U.S. trade officials on Monday said they will launch an investigation that could result in tariffs on solar panels imported from four Southeast Asian nations, a blow to clean energy project developers that rely on cheap imports to keep costs down.

newspaper

28-03-2022

Explainer: Part of the U.S. yield curve just inverted - Does that mean a recession is coming?

The spread between the yields of five-year and 30-year U.S. Treasuries turned negative for the first time since 2006 on Monday as investors price in an aggressive rate-hiking plan by the Federal Reserve as it attempts to bring inflation down from 40-year highs.

newspaper

28-03-2022

Oil slides about 7% on concerns of weaker Chinese demand

NEW YORK (Reuters) -Oil prices tumbled about 7% on Monday after China's financial hub of Shanghai launched a lockdown to curb a surge in COVID-19 infections, prompting renewed fears of demand destruction.

newspaper

28-03-2022

U.S. auto sales slump as less affluent buyers walk away

(Reuters) -U.S. new vehicle sales could fall to the lowest first-quarter volume in the past decade as chip shortages and the Ukraine crisis squeeze inventories and rising prices push less affluent buyers out of the market, research firm Cox Automotive said Monday.

newspaper

28-03-2022