* Fed’s Powell says may take over 3 years to hit inflation aim * UST yields keep rising, 10-year yields above 1.4% * ECB uneasy with yield rise, Japan yields above BOJ target (Adds analysts’
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EMERGING MARKETS-Stocks hit 3-week lows led by HK shares; S.African budget eyed
* HKEx’s tumbles, HK raises taxes on stock trading * S.African rand steady; Budget expected at 1200 GMT * Turkey’s cenbank raises reserve requirement ratio by 200bps * Petrobras, Eletrobras rally expected to continue Feb
Read morePowell says US economy still needs Fed support, pushes back on inflation worries
WASHINGTON (REUTERS) – Federal Reserve chairman Jerome Powell, pushing back on suggestions that loose monetary policy risked unleashing inflation and financial risks in what may be an emerging economic boom, said the central bank would
Read moreEMERGING MARKETS-Turkey's lira dips after five-week rally; EM stocks retreat
* Lira slips 0.7% despite Fitch revising outlook to ‘stable’ * South African rand on course for worst day in six weeks * Rising U.S. bond yields pivot from being drag on dollar – JPM
Read moreGLOBAL MARKETS-Shares edge up as cyclical stocks provide support; yields rise
* Wall Street supported by rise in cyclical stocks * Longer-term yields climb, 30-year TIPS yield goes positive * Gold hits a seven-month low, oil prices slip * Bitcoin hits $1 trillion market cap (Updates
Read moreUPDATE 2-Reflation trades set euro zone bonds for worst week in months
* German 10-year yield posts biggest weekly jump since June * Italian 10-year yield posts biggest weekly jump since April * PMIs largely in line with expectations (Updates prices) AMSTERDAM, Feb 19 (Reuters) – German
Read moreSBF partners UOB, Keppel Land in push to help Singapore businesses venture abroad
SINGAPORE – Despite a crippling global recession last year, the Singapore Business Federation (SBF) managed to facilitate 15 Singapore-based small and medium enterprises (SMEs) to set up shop abroad and plans to double that number
Read moreWorking from home might come with a price – pay cuts, hurt career prospects
LONDON (REUTERS) – Dreaming of working remotely from that cottage in the hills? There is a good chance you will get paid less, according to a survey of human resources executives published on Thursday (Feb
Read moreJapan exports, machine orders pick up in January as demand recovers
TOKYO (REUTERS) – Japan’s exports accelerated in January, led by a jump in Chinese demand, and manufacturers’ sentiment turned positive for the first time since 2019 signalling a gradual recovery from last year’s deep coronavirus
Read moreANALYSIS-Rising U.S. yields could spur mortgage-related selling of Treasuries
NEW YORK, Feb 16 (Reuters) – A rise in the yield of U.S. benchmark government debt has pushed it near thresholds that could fuel a wave of Treasury selling by mortgage investors, a scenario likely
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