Asian stocks bounced back from a two-month low on Wednesday after global bond yields eased following a well-received U.S. debt auction and as Chinese shares found a footing after recent steep falls on policy tightening worries.
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KYIV, March 10 (Reuters) - The deputy head of Ukraine’s central bank on Wednesday accused her own press office of trying to censor comments she gave to a local media outlet that cast fresh doubt on the central bank’s independence and decision-making process.
The interview by First Deputy Governor Kateryna Rozhkova comes at a sensitive time in Ukraine’s negotiations with the International Monetary Fund after concerns over the central bank’s independence derailed loan talks last year.
The central bank did not reply to a request for comment but has repeatedly insisted it was independent and its decision-making process was not politicised, after Governor Yakiv Smoliy resigned last year alleging political meddling.
(Adds details on COVID-19 housing aid, confirmation hearing remarks)
WASHINGTON, March 10 (Reuters) - The U.S. Senate voted to confirm Democratic Representative Marcia Fudge as Secretary of Housing and Urban Development, giving President Joe Biden another cabinet member focused strongly on reducing economic inequalities.
The Senate voted 66-34 in favor of Fudge’s nomination, with all Democrats and independents and 16 Republicans voting in favor of the Ohio congresswoman who has sometimes made incendiary remarks about Republicans.
Fudge, 68, during her confirmation hearing called for more housing aid to help tens of millions of people who are behind on rent and 3 million homeowners currently in forbearance or delinquent on their mortgages due to the coronavirus pandemic.
Market still wary of bond yields ahead of auctions Wall Street builds on Tuesday rally (Updates to open of U.S. markets, changes byline, dateline; previous LONDON)
NEW YORK, March 10 (Reuters) - A gauge of global stocks climbed for a second straight day on Wednesday to hit its highest level in a week, after a report on U.S. consumer prices indicated calmed recent concerns about inflation, while the dollar retreated further from a 3-1/2 month high.
Economic data from the Labor Department said its consumer price index rose 0.4% in February, in-line with expectations, after a 0.3% increase in January. Core CPI, which excludes the volatile food and energy components, edged up 0.1%, just shy of the 0.2% estimate, after being unchanged the prior two months.
Ireland's Davy Stockbrokers is set to put itself up for sale as soon as Thursday after Bank of Ireland made an initial approach to buy the firm which is grappling with the fallout from a record central bank fine, local media reported.