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Federal Reserve

Gold drops as bets increase for Federal Reserve to raise rates

SINGAPORE (May 18): Gold snapped three days of gains as bets on the Federal Reserve lifting rates this year gained after stronger-than-expected US data and comments from two policy makers that pointed toward increases.

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Asia shares bounce on bright earnings, yen bruised

TOKYO (May 11): Asian stocks pulled away from eight-week lows on Wednesday, a day after solid corporate earnings sparked a rally in global equities while the yen struggled amid intervention warnings from Tokyo in the wake of the currency's rapid rise.

May 11, 2016

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