London Stocks Fall as US Yield Spike Renews Rate Worries

FTSE 100 down 0.2, FTSE 250 off 0.3 International Distributions Services agrees to a 4.55 billion takeover offer, shares up Fresnillo PLC up after RBC upgrades to outperform May 29 Reuters London stocks edged lower on Wednesday after higher U.S. bond yields pressured equities globally, while fresh U.S. data reignited inflation worries and cast doubts […]
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Yen Hits 4Week Low, Euro Dips after German Inflation Data

LONDONSINGAPORE, May 29 Reuters The Japanese yen drifted to its softest level in four weeks against the dollar on Wednesday on the back of rising U.S. yields, as placid markets encouraged investors to resume carry trades, while the euro weakened after German inflation data. The dollar reached as high as 157.41 yen early on Wednesday, […]
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Vietnam Inflation Rises in May, Nears Government Limit

HANOI, May 29 Reuters Vietnam39;s annual inflation rate edged up to 4.44 in May, official data showed on Wednesday, nearing the government39;s target ceiling of 4.5 for the year and a potential challenge to efforts to boost credit growth to drive activity. The Southeast Asian country, a regional industrial hub, also reported strong growth in […]
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