Asia Stocks Gain on Softer U.S. Inflation, Oil Rises as U.S. Restarts Blockade

Asian stocks gained Wednesday as markets dialed back U.S. rate-hike expectations following an unexpectedly upbeat inflation print, while oil rose after the U.S. resumed its blockade of Iranian ports.

Tuesday's close marks the start of a historically weak three-month period for the S&P 500: Bespoke

The three months starting from Tuesday's close have historically been the weakest three-month period of the year for the S&P ...

U.S. crude futures trade back above $80

Oil prices advanced on Tuesday after the U.S. launched strikes at Iran for the third night in a row, with analysts warning of ...

BP rises Tuesday, outperforms market

BP PLC BP shares rose 2.28% to £5.17 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 0.30% to 10,529.39. BP PLC closed 15 ...

Yomiuri: Newly Launched Docomo FG Aims to Transform Japan's Financial Sector, CEO Says

NTT Docomo Financial Group Inc. (Docomo FG) intends to establish itself as the "most customer-supported" digital financial group and transform Japan's financial sector, said President and CEO Takashi ...

Yomiuri: MUFG Takes Top Spot for 1st Time in Japan Market Capitalization Amid Shifting Rankings

The ranking of Japanese companies with the highest market capitalization has been changing rapidly over a short period of time. The top spot, which Toyota Motor Corp. relinquished in June for the ...

Canfor to Close Prince George Pulp Mill, Citing Global Oversupply

Canfor said its decision was driven by an oversupply of pulp, which has pressured global pulp prices down, as well as difficult access to fibre. "These factors have resulted in a ...

Dow ends flat, Nasdaq and S&P 500 climb as tech stocks rebound after soft CPI inflation report

U.S. stocks finished mostly higher Tuesday, as semiconductor names bounced back from their selloff in the previous session and led the gains on Wall Street. A softer-than-expected June inflation ...

Here's how the stock market could react to June's CPI, according to JPMorgan

JPMorgan's trading desk sees the S&P 500 most likely gaining upward of 0.25% after the Bureau of Labor Statistics releases the U.S. consumer price index for June at 8:30 a.m. The desk assigns a 40% ...

Oil prices see largest two-day rise in four months as the U.S. launches strikes at Iran for the third night in a row

Oil prices on Tuesday were continuing to climb from the previous session, with both the U.S. and global benchmarks on track for their largest two-day advances in four months, as the U.S. launched ...

Former Fed staffer expects rates to be held on bets of easing inflation

Claudia Sahm, chief economist at New Century Advisors and a former staffer at the Federal Reserve, sees the central bank holding interest rates for the year. Ahead of the U.S. consumer price index for ...

Treasury yields drop after CPI inflation data came in softer than expected

Treasury yields were dropping Tuesday after a softer-than-expected reading on U.S. inflation. The yield on the 10-year ...