SINGAPORE—The yen firmed on Thursday, returning towards a four-month peak against the dollar hit earlier in the week after the Bank of Japan’s surprise tweak to its bond yield control spurred bullish yen bets, while the dollar moved broadly lower. The yen rose about 0.5 percent to 131.85 per dollar, after surging to a four-month…
Oil Rises on Tight US Stocks as Winter Blast Hits
December 22, 2022
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LONDON—Oil prices climbed for a fourth straight day and hit their highest in two and a half weeks on Thursday with U.S. crude, heating oil, and jet fuel stocks growing tighter just as a wintry blast hits the United States. Brent crude futures gained $1.17, or 1.4 percent, to trade at $83.37 at 1235 GMT,…
World Shares Mixed, Oil Jumps Following Rally on Wall Street
December 22, 2022
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BANGKOK—World shares were mixed Thursday after a rally on Wall Street as investors welcomed a report showing U.S. consumer confidence is holding up despite the Federal Reserve’s campaign to fight inflation by raising interest rates. Germany’s DAX edged 0.1 percent lower to 14,081.26. The CAC 40 in Paris also lost 0.1 percent, to 6,578.93. Britain’s…
Yen Holds on to Big Gains After BOJ’s Surprise Policy Tweak
SINGAPORE/LONDON—The yen traded flat on Wednesday after surging almost 4 percent in the previous session, when the Bank of Japan (BOJ) unexpectedly tweaked a key policy, allowing government bond yields more room to move. The BOJ decided to change its “yield curve control” policy on Tuesday even as it kept broad policy settings unchanged. It…
Oil Prices Rise on US Drawdown, Chinese Fears Weigh
December 21, 2022
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LONDON—Oil prices rose on Wednesday after data suggested a larger-than-expected draw in U.S. crude stockpiles, but gains were capped by growing concerns over demand in China and a snow storm that is expected to hit U.S. travel. Brent crude futures were up 93 cents, or 1.15 percent, at $80.92 a barrel by 1040 GMT. U.S….
Global Shares Edge Up, but Face Patchiest Yearly Performance Since 2008
December 21, 2022
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LONDON/SINGAPORE—Global shares edged up on Wednesday after the Bank of Japan rocked the markets by unexpectedly deciding to loosen its tight leash on government bond yields, with the yen then scoring its biggest one-day gain against the dollar in 24 years. The MSCI All-World index rose 0.1 percent on the day, although it is on…
Yen Soars to 4-month High After Surprise BOJ Policy Tweak
LONDON—The yen surged to a four-month peak against the dollar on Tuesday after the Bank of Japan stunned markets by deciding to review its yield curve control policy and widen the trading band for the 10-year government bond yield. While it kept broad policy settings unchanged—pinning short-term JGB yields at -0.1 percent and the 10-year…
Oil Prices Rise but China’s COVID-19 Surge Limits Gains
December 20, 2022
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LONDON—Oil prices rose on Tuesday, supported by a softer dollar and a U.S. plan to restock petroleum reserves, but gains were capped by uncertainty over the impact of rising COVID-19 cases in top oil importer China. Brent crude futures were up 50 cents, or 0.65 percent, at $80.30 a barrel by 1035 GMT, adding to…
Stocks, Bonds Fall as BOJ’s Surprise Policy Shift Spooks Investors
December 20, 2022
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LONDON—Global stocks and bonds fell on Tuesday as a surprise policy tweak by Japan’s central bank rattled investors already worried about the economic fallout of rising interest rates and lifted domestic bond yields to seven-year highs. The Bank of Japan (BOJ) widened the allowable band for long-term yields to 50 basis points on either side…
A Boy Called Sailboat
December 19, 2022
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awakensDesireEntertainmentEpoch CinemaEpochTVextraordinaryFamilyFamily FriendlyFilm & TVglobalHispanicmiraculoussailboatsecretstorySubscribers Only
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This film is only available in the United States and Canada because of territorial licensing. A Hispanic family finds hope in their extraordinary son named Sailboat when a personal gesture awakens a global desire. Armed with a little guitar, Sailboat leads an offbeat cast into the miraculous story of the greatest secret never told. …
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