Asia has been largely spared the world's inflation surge so far. That's changing as food and energy prices jump, with the worst likely yet to come. https://t.co/swlCnqjwiD
The world’s top independent oil trader plans to completely stop trading Russia-origin crude and products by the end of this year https://t.co/EWjmtsWYh8
U.S. inflation soars to a four-decade high. A manhunt is underway for New York’s subway shooter. Putin says Ukraine peace talks are at a “dead end.” Here’s what you need to know today https://t.co/PSMrXbeHEP
JUST IN: New Zealand’s central bank raised interest rates by half a percentage point, its biggest hike in 22 years, indicating it’s worried that inflation is getting out of control https://t.co/ZLTR0MH6Hs
Fed Governor Lael Brainard said the U.S. central bank will move “expeditiously” to raise interest rates and return surging inflation to its 2% target https://t.co/OfqCpxMrpc
A wave of emergency oil supplies are set to hit the U.S. starting in May and threatens to turn the market on its head, going from severely undersupplied to oversupplied in a matter of months https://t.co/GMHYpcMSsr
Prices in the U.S. are surging the fastest among the Group of Seven advanced economies, propelled by higher costs of energy, food and a raft of other goods and services https://t.co/XUt4gOFIG6
OPEC sees Russia’s invasion of Ukraine curtailing both world oil demand and supply, indicating little need for the group to divert from its current production policy https://t.co/JTDQbyYYE4
China’s Premier Li Keqiang issued a third warning about economic growth risks in less than a week.
This suggests a heightened concern about the outlook as widespread Covid lockdowns disrupt production and spending https://t.co/BDZ1NooYJP
Demand for semiconductors has never been higher. Yet, they are one of the worst-performing sectors in the U.S. market this year https://t.co/GIgz3XCNWv