TOKYO, June 23 (Reuters) - The U.S. dollar remained under pressure on Thursday as it looked set to extend declines against major peers to a fourth day, hurt by Treasury yields wallowing near two-week lows amid rising concerns of a recession.
TOKYO, June 23 (Reuters) - Japan's factory activity growth slowed in June as China's strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high on the fading pandemic drag.
June 22 (Reuters) - Oil prices dived more than $4 a barrel on Wednesday amid a push by U.S. President Joe Biden to bring down soaring fuel costs, including pressure on the country's major energy firms to help ease the pain for drivers during peak summer consumption.
HONG KONG, June 22 (Reuters) - The yen hit a fresh 24-year low against the dollar on Wednesday, having taken another tumble overnight as U.S. bond yields continued to rise, in stark contrast to Japan's stubbornly low-interest rates.
TOKYO, June 22 (Reuters) - Asian stocks slipped in volatile trade on Wednesday, failing to extend Wall Street's rally as persistent worries about interest rates and inflation remained a key focus for investors, while the Japanese yen hit a fresh 24-year low against the dollar.
China's automotive industry is speeding up its recovery from the COVID-19 impact as vehicle production in the country has returned to levels seen prior to outbreaks earlier this year.
