BEIJING, March 5 (Reuters) - China on Saturday targeted slower economic growth of around 5.5% this year as headwinds including an uncertain global recovery and a downturn in the country's vast property sector cast a pall on the world's second-largest economy.
SINGAPORE, March 7 (Reuters) - The euro tumbled to a fresh 22-month low on the dollar and hit multi-year troughs on the yen, Swiss franc, and sterling as the war in Ukraine drove up commodity prices and stoked fears of a stagflationary shock that would hurt Europe most of all.
HONG KONG, March 4 (Reuters) - The euro was set for its worst week versus the dollar in nine months, as the war in Ukraine and the prospect of sustained high commodity prices continued to drag on expectations of European economic growth.
SINGAPORE, March 4 (Reuters) - Oil prices rebounded on Friday as the disruption of Russian oil exports because of western sanctions outweighed the prospect of more Iranian supplies from a possible nuclear deal.
SINGAPORE, March 4 (Reuters) - Asian shares took a beating in early trade on Friday, and oil prices jumped as a report of a nuclear power plant on fire amid continued fierce fighting between Ukraine and Russian troops further unnerved investors.
NEW YORK, March 2 (Reuters) - Federal Reserve chair Jerome Powell said he is inclined to support a 25 basis point rate increase at the March policy meeting but said the central bank is prepared to move more aggressively later if inflation does not abate as expected.
