Analysis: Easing COVID-19 rules, growth focus aid China bulls’ cautious return

A woman walks by an electronic display showing the Shenzhen and Hang Seng stock indexes, in Shanghai, China, September 24, 2021. REUTERS / Aly Song Register now for FREE unlimited access to Register June draws China stocks’ best foreign inflows for 2022 Onshore markets bounce 20% from lows; hedge funds pare losses Broad policy … Read more

Column: Oil market confronts US and EU policymakers with unpalatable choices: Kemp

LONDON, June 29 (Reuters) – With global inventories steadily falling and spare capacity eroding, the oil market resembles a geological fault line in which stress is quietly accumulating and will eventually be relieved by an earthquake of as yet unknown magnitude. The most likely stress relief will come from a deceleration in oil consumption as … Read more

Analysis: Markets challenge Fed timeline, threatening more swings in Treasuries

A trader works, as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, US May 4, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Register NEW YORK, June 29 (Reuters) – Bond traders … Read more

EXCLUSIVE EU nears compromise deal to defuse standoff with Russia over Kaliningrad

Kaliningrad depends on rail and road through Lithuania Clampdown on sanctioned freight angers Moscow EU seeks compromise with Lithuania to resume normal trade VILNIUS / BRUSSELS, June 29 (Reuters) – Trade through Lithuania to the Russian exclave of Kaliningrad could return to normal within days, two sources familiar with the matter said, as European officials … Read more

Crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests

SEOUL, June 29 (Reuters) – The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programs. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a … Read more

Explainer: How a massive options trade by a JP Morgan fund can move markets

NEW YORK, June 28 (Reuters) – A nearly $ 17 billion JP Morgan fund is expected to reset its options positions on Thursday, potentially adding to equity volatility at the end of a dismal first half for stocks. Analysts say the JPMorgan Hedged Equity Fund’s reset roiled markets in the closing hours of the last … Read more

Africa’s dream of feeding China hits hard reality

China aims to boost trade with Africa to help cut deficits African agricultural producers pushing for access to China Even with trade deals, protracted approvals hinder exports THIKA, Kenya, June 28 (Reuters) – Watching workers poke avocados from the treetops in an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers revels in … Read more

Cryptoverse: Ether holds its breath for the lean, mean ‘merge’

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS / Dado Ruvic / File Photo Register now for FREE unlimited access to Register June 28 (Reuters) – Investors in ether and its troubled twin stETH are nervously anticipating a … Read more

Explainer: Can abortion pills overcome US state bans?

June 24 (Reuters) – Following the US Supreme Court’s June 24 ruling eliminating the nationwide right to abortion that it had recognized nearly 50 years ago in its landmark Roe v. Wade decision, demand for abortion pills, which can be prescribed through online telemedicine visits , will likely rise. However, medication abortion will not necessarily … Read more

Analysis: Up-ended global LNG markets deepen Australia’s power woes

Shell sends three LNG cargoes from Australia to Chile Tight Atlantic Basin supply sucks gas from Australia Gas prices expected to stay high into mid-2020s – WoodMac Government weighs options to beef up gas supply MELBOURNE, June 24 (Reuters) – Top liquefied natural gas exporter Australia is in the depths of a power crunch just … Read more