TOKYO, March 5 Reuters Japanese shares fell for a second straight session on Friday, dragged down by losses in index heavyweights and technology shares, as rising U.S. bond yields hit investor sentiment. The Nikkei share average edged down 0.23 to 28,864.32 and recorded its second straight weekly loss. The broader Topix closed 0.61 lower at […]

Rising U.S. bond yields put European equities under pressure again on Friday after Federal Reserve Chair Jerome Powells remarks failed to soothe investor concerns about a recent surge in borrowing costs. The panEuropean STOXX 600 fell 0.7, with shares of travel, media, and financial services companies leading the declines. While Powell said the rise in […]

Londons FTSE 100 fell on Thursday, dragged by miners and bank stocks on concerns about rising bond yields and volatility in U.S. markets, while engineering company Meggitt fell after its annual profit halved due to the COVID19 pandemic. The bluechip FTSE 100 index slid 0.5, with mining stocks, including Rio Tinto, Anglo American, and BHP, […]

BENGALURU, March 5 Reuters Declines in banking stocks put Indian shares on course for a second straight session of losses on Friday as rising U.S. Treasury yields spooked equity investors, although a jump in Oil and Natural Gas Corp helped limit the fall. The bluechip NSE Nifty 50 index fell 0.65 to 14,984.1 by 0349 […]

Gold futures made modest moves on Thursday, with bullion holding near its lowest in nearly nine months, amid a weekly rise in the U.S. dollar and U.S. Treasury yields holding near their highest levels in a about a year. The precious metal is having a terrible year, down almost 10, and still looking very vulnerable, […]

European stocks fell on Thursday after three straight sessions of gains as a jump in U.S. bond yields knocked risk appetite globally, with heavyweight miners and travel stocks leading the retreat. The panEuropean STOXX 600 index fell 0.5 in early trading, with miners dropping 2.8 and travel leisure stocks down 1.6. UKlisted shares of Rio […]

Rates as of 0500 GMT Market Recap The volatile Treasury market continues to set the pace for other markets. You can see just how volatile it is from the graph, which shows the recent surge in the MOVE index. The MOVE index is like the betterknown VIX index of stock market volatility but for bonds; […]

OSLO Reuters Offshore drilling rig contractor Seadrill said on Thursday it had taken an additional 2.9 billion noncash impairment on its assets due to a bleak outlook for the sector, which has reduced demand for its drilling rigs. Seadrill, which in February filed for Chapter 11 bankruptcy protection in the United States for the second […]

LONDON, March 4 Reuters Sterling held above 1.39 against the dollar on Thursday after British finance minister Rishi Sunak rolled out an expansive annual budget designed to prop up the economy. Sterling is the bestperforming G10 currency this year, with investors expecting Britains speedy vaccination programme will help the economy to recover from its worst […]

TOKYO, March 4 Reuters Japanese shares fell sharply on Thursday as investors sold off index heavyweights including SoftBank Group and Fast Retailing following a plunge in the Nasdaq index overnight. The Nikkei share average lost 1.59 to 29,085.92 by 0149GMT, while the broader Topix declined 1.05 to 1,884.54. The decline in the Nasdaq index has […]