UK food sales rose 14.3% over the 12 weeks to May 17, the fastest since the start of comparable records in 1994, when the British adapted to the national block, Cantar market research data showed Wednesday. The period included both March purchases in stores and an eight-week consultation from the government. The UK has been in a closed position since March 23,

The US dollar rose on Wednesday, and the Chinese yuan reached an almost nine-month low, as concerns over the US reaction to China’s Hong Kong security law led to a more cautious mood in the foreign exchange markets. The US currency fell sharply on Tuesday, as a strong risk appetite pushed investors to more risky currencies, but this mood was much

European stocks rose in value on Wednesday as investors focused on a new stimulus plan for the European Union, and renewed tensions between the US and China over Hong Kong tempered optimism about a recovery in the global economy. The pan-European STOXX 600 index gained 0.4% in early deals, led by .SX7P banks, .SXTP travel and leisure stocks, and .SXAP car

Bank of Japan government bonds rose 3.4% year-over-year to 486 trillion yen ($ 4.5 trillion) as of March, which is about 90% more than the country's economy, central bank data showed on Wednesday. The balance of bond holdings disclosed in the Bank of Japan earnings report for the fiscal year that ended in March underscores the sheer scale of printing money

The economic prospects for peace this year again declined last month when the coronavirus pandemic spread from Asia to America, with the sharp V-shaped recovery expected by most economists surveyed. As many countries begin to ease the blocking restrictions imposed to stop the spread of the virus, which infected more than 5.5 million people worldwide, the stock markets come together in