flash-finance

Asian stocks dropped, tracking losses on Wall Street, as surging oil prices stoked concern that inflation will accelerate. Brent crude held above $101 a barrel.

ECB set to hike as Iran war fuels fresh inflation fears Reuters

Bank of America CEO Brian Moynihan said the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices.

The yield gap between Chinese and US 10-year sovereign bonds widened to the most on record following a drop in Treasuries, underscoring the stark divergence between a global debt selloff and the stability of onshore yields.

Brent holds above $100 as tanker attacks deepen supply fear Reuters

Australia eased plans to force liquefied natural gas exporters to reserve supplies for domestic users, replacing a fixed requirement with an annual cap based on demand.

Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

There are actionable steps the US can take now to help bring about Libya's first national elections in more than a decade. The post Will Washington back the UN’s Libya roadmap with more than just rhetoric? appeared first on Atlantic Council.

Mexico plans to cut financial support for state-owned Petroleos Mexicanos by nearly 70% next year, earmarking 81 billion pesos ($4.8 billion) to help cover the oil producer’s debt payments.

Enbridge Inc., the Canadian energy infrastructure giant, reached an agreement to buy Tallgrass Energy’s crude oil business from Blackstone Inc. for about $2.6 billion.