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Global steel output rose 4pc in March as China, US produce...

LONDON: Global crude steel production rose four percent in March as mills in top producer China ramped up output after winter restrictions were lifted...

TSX edges lower as materials weigh

TORONTO: Canada’s main stock index edged lower on Wednesday, as worries over rising US yields weighed on materials stocks.At 9:47 a.m. ET (1347 GMT),...

Hong Kong stocks follow Asia, Wall Street lower

HONG KONG: Hong Kong stocks followed Asian markets lower, after Wall Street dropped overnight as a rise in US bond yields above 3 percent...

Kering, Credit Suisse earnings fail to boost European shares

LONDON: European shares declined on Wednesday in early deals as worries over rising bond yields trumped a slew of well-received earnings updates from Kering...

Oil heads up to $74 a barrel, but US bonds, crude...

LONDON: Oil edged higher on Wednesday, nearing three-year highs reached the previous day, as rising US fuel inventories and production weighed on an otherwise...

After Carney surprise, chance of May BoE rate hike down but...

© Reuters. Bank of England Governor Mark Carney arrives to listen to Britain's Prime Minister Theresa May...

Dow falls 2.4pc on fears of rising interest rates, mixed earnings

NEW YORK: Wall Street stocks fell sharply after midday on Tuesday, amid anxiety over rising interest rates and as some prominent blue-chip companies tumbled...

Yield on 10-year US Treasury bond hits 3pc

NEW YORK: The yield on 10-year US Treasury bonds rose to 3.0 percent Tuesday, hitting a key psychological threshold for investors anxious over the...

Wall St posts slight gains as US bond yield hits 3pc

NEW YORK: US stocks rose on Tuesday as strong earnings from Caterpillar, Verizon and a host of other big names boosted optimism about corporate...

US Cash Soymeal-Midwest rail offers firm; truck market unchanged

 CHICAGO: Spot basis offers for soymeal rose for delivery by rail at most processors around the US Midwest on Tuesday, dealers said.Offers were flat...