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Dollar in the dumps as 2020 ends, another bumper bond year

The dollar was set to end 2020 around 2-1/2 year lows on Thursday, allowing currencies from the euro to Chinese yuan to strengthen, while holiday-thinned euro zone bond yields were mostly steady after dropping 30-100 basis points over the year. The prospect of a brighter 2021 has lessened...

Honda to stop auto sales in Russia in 2022

The Russian subsidiary of Japan’s Honda Motor Co said on Wednesday it would stop supplying new cars to official dealers in Russia in 2022. It said the move was linked to Honda’s efforts to restructure its operations.

Global stocks, oil lead risk rally on U.S. stimulus hopes

Global shares rose for the fourth straight day on Tuesday and oil followed suit as hopes of fresh U.S. stimulus teed up a strong end to the year for riskier assets. The MSCI World Index was up 0.3% at 0751 GMT, extending recent gains after gains in Asia, where Japanese stocks hit a 30-year...

Oil prices flat as U.S. stimulus counters weak demand

Oil was little changed on Monday as optimism over the U.S. stimulus package and the start of a European vaccination campaign was offset by weak demand and the prospect of higher OPEC+ output. After U.S. President Donald Trump backed down from a threat to block a $2.3 trillion package to...