NEW YORK (Reuters) - The Federal Reserve’s next interest rate increase will mark a key milestone as the era of cheap dollars draws to a close, further unsettling a U.S. bond market already rattled by rising inflation and government debt supply.
The number of electric vehicle (EV) and plug-in hybrid cars on the world’s roads exceeded 3 million in 2017, a 54% increase compared with 2016, according to the latest edition of the International Energy Agency’s Global Electric Vehicles Outlook.
TOKYO (Reuters) - Asian stocks pulled back on Tuesday as investors paused for breath after the previous day’s rally, although tech-inspired Wall Street gains supported broader sentiment as focus shifted to bullish economic fundamentals, away from trade concerns.
SEOUL (Reuters) - Oil prices edged higher on Tuesday after falling nearly 2 percent in the previous session, but growing U.S. production and expectations of higher OPEC supplies continue to weigh on sentiment.
(Reuters) - China’s services sector expanded at a steady, solid pace in May, with companies accelerating hiring on the back of the strongest optimism for future growth in 11 months, a private survey showed on Tuesday.
TOKYO (Reuters) - The dollar gained against the yen on Monday after the release of an upbeat U.S. jobs report, although uncertainty over potential political risks kept the currency’s near-term outlook murky.