Inflation worries have led to a sharp rise in bond yields over recent weeks — most notably on the benchmark U.S. 10-year Treasury — and an accompanying fall in bond prices. The market is now adapting to the possibility that bond yields continue to rise. In a note Friday, Capital Economics upgraded its forecast for the U.S. 10-year yield to […]

NEW YORK (Reuters) – Wall Street giddyness in recent weeks stands in stark contrast to the pandemic panic of one year ago.FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File PhotoU.S. stocks on Tuesday will mark the one-year […]

SYDNEY (Reuters) – Australia’s parliament debated on Monday a motion to condemn “systematic breaches” of human rights by China, saying other legislatures had described as genocide its actions towards Uighurs in the far western region of Xinjiang.FILE PHOTO: A perimeter fence is constructed around what is officially known as a vocational skills education centre in Dabancheng in Xinjiang Uighur Autonomous […]

FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda attends a news conference in Tokyo, Japan, January 21, 2020. REUTERS/Kim Kyung-HoonTOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday that the central bank would not stop buying exchange-traded funds (ETFs) or sell them as it tries to make its easing tools more flexible and sustainable under its yield […]

RAMALLAH, West Bank (Reuters) – Israeli authorities confiscated the VIP border pass of Palestinian Foreign Minister Riyad al-Maliki upon his return to the West Bank from a meeting at the International Criminal Court, a Palestinian official said on Sunday.FILE PHOTO: Palestinian Foreign Minister Riyad al-Maliki speaks during the Ministerial Meeting of the Non-Aligned Movement (NAM) Coordinating Bureau in Caracas, Venezuela […]

ISTANBUL (Reuters) – Turkey’s lira plunged 16% to near its all-time low as markets opened after President Tayyip Erdogan made the shock weekend decision to oust a hawkish central bank governor and install a like-minded critic of high interest rates.Turkey’s new Central Bank Governor Sahap Kavcioglu sits at his office in Ankara, Turkey March 21, 2021. Turkish Central Bank/Handout via […]

AMMAN (Reuters) – Russian jets hit rebel training camps in northwestern Syria near the Turkish border on Sunday, as Syrian artillery killed seven civilians and injured 14 medics in an attack on a hospital in the area, witnesses and rebel sources said.Slideshow ( 2 images )The sources said a Russian surface-to-surface missile also hit the town of Qah while Russian […]

VANCOUVER (Reuters) – Christina Kelly did not picture marrying her American sweetheart in the Peace Arch Park – a 42-acre (17-hectare) stretch of manicured lawns and neatly trimmed garden beds at an otherwise unremarkable border crossing in the Pacific Northwest.American citizen Regan Steele and her Canadian boyfriend Rod Greenwood work on a puzzle while a couple embrace at Peace Arch […]

MANILA (Reuters) – The Philippines will expand tighter COVID-19 rules to include four provinces surrounding the capital Manila, and restrict travel to and from these areas for two weeks beginning on Monday, as the country battles a renewed surge in infections.FILE PHOTO: A worker in a hazmat suit disinfects a street as a preventive measure against the spread of coronavirus […]