The US Federal Open Market Committee raised the short-term federal funds rate to a range of 1.50% to 1.75% to stem a disruptive surge in inflation

Gross domestic product contracted by 4% in the first quarter. In its most recent forecast in February, the city’s government forecast growth for 2022 of 2%-3.5%

Investor sentiment plunged over concerns that the Federal Reserve's interest rate rise the previous day would not be enough to tame surging inflation

Net profit came in at about 31 billion yen, compared with a 155 billion yen loss in the same quarter last year related to the collapse of Archegos Capital Management

The Fed began raising interest rates last month, and is expected to ramp up its rate hikes starting next month to slow demand for goods and services

Chinese stocks surged for a second day after the government promised to ease a regulatory crackdown on tech and other...

China tech stocks surged for a second day after the government vowed to ease a regulatory crackdown and on optimism over a Ukraine ceasefire.