MELBOURNE, Sept 22 (Reuters) - Oil prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves.
WASHINGTON (Reuters) - The International Monetary Fund said its executive board met on Tuesday to discuss a report prepared for the World Bank alleging that IMF chief Kristalina Georgieva pressured staff to alter data to favor China while serving as the bank’s CEO.
TOKYO/SYDNEY, Sept 21 (Reuters) - Global stock markets grappled with contagion fears on Tuesday, sparked by troubles at China Evergrande as growing risks the property giant could default on its massive debt pile prompted investors to flee riskier assets.
TOKYO, Sept 21 (Reuters) - Honda Motor Co (7267.T) said its car factories in Japan have been operating at 40% of capacity in August and September because of shortages of semiconductors and other components caused by the COVID-19 pandemic.
TOKYO, Sept 21 (Reuters) - Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China's economy of a crisis at heavily indebted property group China Evergrande.
TOKYO, Sept 21 (Reuters) - The offshore yuan wallowed near an almost one-month low on Tuesday while the safe-haven dollar and yen stood tall as investors sought shelter from a potential China Evergrande default.
