World stocks rose to their highest in just over a week on Thursday after a report on U.S. consumer prices calmed investor nerves about inflation and lifted the Dow Jones Industrial Average to a record close.
The International Monetary Fund on Thursday warned central banks to be vigilant against a sudden spike in interest rates that could spill over into emerging markets, even as a $1.9 trillion U.S. stimulus package benefits most countries and aids recovery.
Russia's federal budget could get a boost of more than 2 trillion roubles ($27 billion) from additional oil and gas revenues this year if oil prices and the rouble exchange rate remain at current levels, the finance ministry said on Thursday.
A gauge of global stocks climbed for a third straight session on Thursday to hit its highest level in two weeks, as a dip in government bond yields helped ease inflation worries and provided a boost to equities.
President Joe Biden is nominating former Federal Reserve economist Nellie Liang as the Treasury's Under Secretary for Domestic Finance, the White House said on Thursday.