flash-finance

Jeffrey Rosenberg, BlackRock portfolio manager of the Systematic Multi-Strategy Fund, says after the May payrolls report, they're on the precipice of pricing in a full rate hike for this year. But he says policymakers are in no hurry to raise rates. He speaks on "Bloomberg Surveillance." (Source: Bl

The European Commission has called on Spain to move away from using gas-fired power plants to stabilize its electricity system after last year’s blackout, saying better grids, interconnections and more storage should replace the emergency measures.

India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for policymakers will now be to sustain those flows in the face of economic threats beyond their control.

Walmart shares have lagged peers and the S&P 500 this year, with some analysts noting that business is still dominated by low-margin grocery sales.

Philippine inflation eases but stays high at 6.8% as rate hike looms

Indian central bank holds firm on key rate but raises inflation forecast

South Korean stocks fall, currency slips as foreigners dump shares

Oil edges lower after Oman says Mina al Fahal operations proceeding normally Reuters

Oman says Mina al Fahal terminal operations normal after reported oil export halt Reuters

To gauge the outlook for European inflation it helps to go underground: to the dozens of natural gas storage sites used to stock up on fuel during the summer for use in winter. Although the seasonal refill is going slowly, Europe is probably going to hoard enough of the commodity to avoid a 2022-sty