S&P 500 sinks to two-year low as bear market deepens

S&P 500 lowest since November 2020 Utilities and consumer discretionary sectors lead declines Investors worried about slowing corporate earnings growth Indices: Dow -0.74%, S&P 500 -0.57%, Nasdaq -0.24% Sep 27 (Reuters) – Wall Street sank deeper into a bear market on Tuesday, with the S&P 500 hitting a two-year intraday low as Federal Reserve policymakers … Read more

Philippines to open door to LNG imports next year with 3 terminals

The LNG carrier model is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Three LNG import terminals will be commissioned in early 2023 Three other projects planned to operate in 3 years Philippines taps into LNG as Malampaya gas field nears dry up MANILA, … Read more

U.S. Congress negotiators set nearly $12 bln in new Ukraine aid -sources

A local resident walks past a building damaged during the Russian-Ukrainian conflict in Mariupol, Ukraine September 25, 2022. REUTERS/Alexander Ermoshenko Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – Negotiators of an interim spending bill in the U.S. Congress have agreed to include nearly $12 billion in new military and … Read more

Power outages cripple eastern Canada two days after storm Fiona

Join now for FREE unlimited access to Reuters.com Register PORT AUX BASQUES, Newfoundland, September 26 (Reuters) – More than a third of customers in the Canadian province of Nova Scotia were without power on Monday, two days after powerful storm Fiona hit the east coast of the country, washing away houses in the sea. and … Read more

South Korea’s president, caught on hot mic, says ‘untrue’ media reports damage alliance

South Korean President Yoon Suk-yeol takes part in a wreath laying ceremony at the National War Memorial in Ottawa, Ontario, Canada September 23, 2022. REUTERS/Blair Gable Join now for FREE unlimited access to Reuters.com Register SEOUL, Sept 26 (Reuters) – South Korean President Yoon Suk-yeol said on Monday “false” media reports of his remarks threatened … Read more

Oil prices fall for a second day on concerns for expected recession

The pattern of oil barrels is seen in front of the rising stock market chart in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register September 26 (Reuters) – Oil prices fell for the second day on Monday on fears of lower fuel demand due to an expected … Read more

Sterling crumbles to record low, dollar soars on UK fiscal angst

A woman holds British pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/ Join now for FREE unlimited access to Reuters.com Register TOKYO, Sept 26 (Reuters) – The pound sterling fell to a record low on Monday as traders rushed for the exits on the belief that the new government’s economic plan would … Read more

Philippines’ Marcos visits Indonesia in first overseas trip as president

Join now for FREE unlimited access to Reuters.com Register JAKARTA, Sept 5 (Reuters) – Philippine President Ferdinand Marcos Jr met his Indonesian counterpart Joko Widodo on Monday for a state visit focused on strengthening defence, trade and other ties between the two neighbors. The trip for Marcos, the son and namesake of the late leader … Read more

Musk says activating Starlink, in response to Blinken on internet freedom in Iran

The Starlink logo is seen on a smartphone in front of the Ukrainian flag displayed in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Sept 23 (Reuters) – SpaceX CEO Elon Musk said on Friday he would activate the company’s satellite internet service, Starlink, in response … Read more

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 22, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for … Read more