PRECIOUS-Gold hits 1-week low as yields rise ahead of Fed statement

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PRECIOUS-Gold hits 1-week low as yields rise ahead of Fed statement

… * Palladium retreats from all-time high hit on Tuesday * U.S. consumer confidence jumps to 14-month peak * U.S. 10-year Treasury yields surge to near 2-week high (Updates prices) By Shreyansi Singh April 28 (Reuters) – Gold prices slipped to a one-week …
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China Is Probing Ant's Speedy Listing Process After Halting IPO

The Wall Street Journal, which reported the probe earlier, said Beijing was also looking into what support local officials provided Ant and into big state-owned firms that stood to gain from a listing of Jack Ma’s financial technology giant.
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Dollar rebounds as US yields rise; Fed, Biden speech eyed

LONDON (Reuters) – The U.S. dollar edged higher on Wednesday as investors moved to the sidelines ahead of a U.S. Federal Reserve policy statement and a speech by Joe Biden later in the day where the U.S. president is set to announce more stimulus …
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Santander Sees Highest Profit in a Decade as Provisions Drop

Big decline in provisions helps power quarterly earnings beat · Lender booked 530 million-euro charge for restructuring costs …
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Apple to trim AirPod production as competition grows

Check out what’s clicking on FoxBusiness.com. Apple plans to trim production of its AirPods wireless earphones by 25% to 30% this year, accoridng to a report from Nikkei Asia …
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