China’s industrial support programmes lack transparency, WTO says

By Emma Farge GENEVA (Reuters) – The World Trade Organization said on Wednesday that it was unable to get a clear picture of China’s financial support for key industrial sectors,…

Sterling needs more than higher UK rates to stay in the fast lane

By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) -The pound hit its highest in a year on Wednesday, driven by investors who are scrambling for juicier returns as global interest…

Venezuela’s rice, corn production rise as buyers loan farmers supplies

By Mayela Armas and Vivian Sequera TUREN, Venezuela/CARACAS (Reuters) – More than 300 hectares (740 acres) of verdant corn and rice planted by Roberto Latini in the western Venezuelan state…

Small caps soar in catch-up rotation, Trump jars Taiwan

(Republishes newsletter to embed graphics.) A look at the day ahead in U.S. and global markets from Mike Dolan The dramatic switch to U.S. small cap stocks over the past…

Oil prices steady amid falling US inventories, China concerns

By Arunima Kumar BENGALURU (Reuters) -Oil prices were steady on Wednesday, a day after benchmark Brent hit a one-month low, as a decline in U.S. oil stockpiles helped offset signs…

Cooling prices chill drive to add wheat acres in US Corn Belt

By Julie Ingwersen CHICAGO (Reuters) – A Biden administration drive to increase U.S. wheat plantings after the Ukraine war is faltering as wheat prices hover around four-year lows and exportable…

Gulf state UAE considers a second nuclear power plant

(Fixes bullet point) By Alexander Cornwell ABU DHABI (Reuters) -The United Arab Emirates is considering building a second nuclear power plant to meet growing demand for electricity in the oil-rich…

Morning Bid: Small caps soar in catch-up rotation, Trump jars Taiwan

A look at the day ahead in U.S. and global markets from Mike Dolan The dramatic switch to U.S. small cap stocks over the past week went into overdrive on…

Dollar slips, while yen soars on intervention talk, sterling gains after UK CPI

Investing.com – The U.S. dollar slipped to multi-month lows Wednesday, while the Japanese yen strengthened sharply and sterling climbed to a one-year high after hotter-than-expected UK inflation data. At 05:40…

Yen jumps on suspected intervention, sterling hits one-year high

By Rae Wee and Dhara Ranasinghe SINGAPORE (Reuters) -The yen rose sharply on Wednesday in what traders suspected was likely the result of yet another intervention from Japanese authorities to…