Page 28 - Frx News Today

South African President Cyril Ramaphosa denied on Thursday that his government had failed over crippling power cuts, saying already-announced interventions would reduce pressure on the grid.

A look at the day ahead in Asian markets from Jamie McGeever.

Stocks were struggling to advance in Asia and the dollar was firm on Wednesday ahead of U.S. consumer price data that could damage hopes for interest rate cuts later this year if inflation fails to show much of a decline.

A look at the day ahead in U.S. and global markets from Mike Dolan

The political crisis engulfing Pakistan is eroding hopes that the South Asian country can get its much needed programme with the International Monetary Fund back on track soon and escape a full-blown debt crunch, analysts said.

Turkey has deferred payment to Russia of a $600 million natural gas bill to 2024, two sources said on Wednesday, the first such postponement under a deal announced last week that underlines deepening ties between Ankara and Moscow.

Robinhood Markets Inc on Wednesday surpassed Wall Street estimates for first-quarter revenue, as the U.S. Federal Reserve's rapid rate hikes boosted the online brokerage's interest income.

A look at the day ahead in Asian markets from Jamie McGeever.

The dollar inched higher on Tuesday after a loans survey showed U.S. credit conditions were less gloomy than expected, while the pound flirted with a one-year peak on expectations that the Bank of England will raise interest rates this week.

Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday the central bank will end its yield curve control policy and then start shrinking its balance sheet, once prospects heighten for inflation to sustainably hit its 2% target.