By Pavel Polityuk KYIV (Reuters) – Ukraine’s President Volodymyr Zelenskiy said Russia was planning to call up more troops for a major new offensive, even as Moscow was facing some of its biggest internal criticism of the war over a strike that killed scores of fresh conscripts. Kyiv has been saying for weeks that Russian …
Ukraine says Russia plans new mobilisation to ‘turn tide of war’ Read More »
By Howard Schneider WASHINGTON (Reuters) -All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the U.S. central bank should slow the pace of its aggressive interest rate increases, allowing them to continue increasing the cost of credit to control inflation but in a gradual way meant to limit the risks to economic growth. …
Fed wants ‘flexibility’ on rates as inflation remains key focus, minutes show Read More »
By Laila Kearney NEW YORK (Reuters) -Oil fell by more than $4 a barrel on Wednesday, posting the steepest percentage loss in the first two trading days of any year for over 3 decades, as investors worried about fuel demand as the global economy slows and COVID-19 cases grow in China. Brent futures settled at …
Oil falls more than 5% on global economy worry, China COVID cases Read More »
By Alessandro Diviggiano and Bernard Orr BEIJING (Reuters) -Data from China shows that no new coronavirus variant has been found there, but also that the country under-represents how many people have died in a rapidly spreading COVID-19 outbreak, World Health Organization (WHO) officials said on Wednesday. Global unease has grown about the accuracy of China’s …
China COVID data shows no new variant but under-reports deaths, WHO says Read More »
By Koh Gui Qing NEW YORK (Reuters) -Global stocks and bonds closed higher on Wednesday on cautious optimism about the new year after a brutal 2022, although U.S. stocks eased off session highs after the Federal Reserve released minutes from its December meeting that struck a hawkish note. The MSCI All-World index added 0.65%, receding …
Stocks, bonds jump as investors shrug off hawkish Fed minutes Read More »
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four weeks to Dec. 25, though growth was driven by price inflation rather than increased purchasing, market researcher Kantar said on Wednesday. It said sales measured by volume, or the amount people bought, fell …
Inflation drives Britain’s record Christmas grocery sales Read More »
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar held at lower levels on Wednesday after minutes from the Federal Reserve’s December meeting offered no surprises or new information about the size of its expected rate hike in February. The Fed hiked rates by 50 basis points last month and Fed officials agreed a …
Dollar holds losses as Fed minutes fail to surprise Read More »
By Seher Dareen (Reuters) – Gold held near seven-month highs reached on Wednesday after the minutes of the Federal Reserve’s last meeting showed all its policymakers remained committed to fighting inflation, but agreed on the need to slow rate hikes in 2023. Spot gold rose 0.7% to $1,851.41 per ounce by 2:48 p.m. ET (1948 …
Gold hovers near mid-June highs after Fed minutes Read More »
By Jennifer Rigby and Gabrielle Tétrault-Farber GENEVA (Reuters) -China’s COVID-19 data is not giving an accurate picture of the situation there and underrepresents the number of hospitalisations and deaths from the disease, a senior official at the World Health Organization said on Wednesday. The U.N. agency was preparing to meet Chinese scientists again on Thursday …
WHO says China data underrepresents COVID surge and deaths Read More »
By Kantaro Komiya TOKYO (Reuters) -Japan will toughen its COVID-19 border control measures for travellers from China from Sunday, Prime Minister Fumio Kishida said, in response to a surge of infections. Additional measures will require negative coronavirus tests taken within 72 hours of passengers boarding direct flights from China, the government said on Wednesday after …
Japan to tighten COVID border controls for travellers from China Read More »
