ECONOMY

Inflation in the eurozone reached 10% last month, as the region grapples with soaring energy prices that have raised the risks of a recession this winter.

Europe's energy crisis has cooled efforts to lower the carbon intensity of liquefied natural gas (LNG) shipments, as buyers worried about a winter supply crunch prioritize securing shipments of any kind over burnishing their green credentials.

Brent crude futures rose 73 cents, or 0.8%, to $90.76 a barrel by 0100 GMT. U.S. West Texas Intermediate crude was at $83.95 a barrel, up $1.13, or 1.4%. WTI's front-month contract expires on Thursday.

The dollar pushed as high as 149.395 yen overnight for the first time since August 1990, before last trading at 149.18 early in Wednesday's Asian session.

Narita Airport chief executive Akihiko Tamura said a jump in overseas arrivals in Japan's biggest international travel hub was an indication of this broader trend.

Truss has been silent for three days as crisis consumes her leadership, and declined to answer requests from the Labour Party to tell parliament about her decision to sack Kwarteng, instead sending out minister Penny Mordaunt.

The sale would market the remaining 14 million barrels from Biden's previously announced, and largest ever, release from the reserve of 180 million barrels that started in May.

Annual inflation ran at 7.2% in the third quarter, sitting just below a three-decade high, Statistics New Zealand said in a statement on Tuesday.

Nearly 10% of American workers surveyed in 2020 were covered by a training repayment agreement, said the Cornell Survey Research Institute.

The announcement comes a day before China had been expected by analysts to announce some of its weakest quarterly growth figures since 2020, as the economy is hobbled by Covid-19 restrictions and a real estate crisis.

Hunt, who was parachuted into the job on Friday to replace sacked Kwasi Kwarteng, will "make a statement bringing forward measures from the medium-term fiscal plan" that is due on October 31.

Investors are nervously awaiting third-quarter Chinese GDP data due on Tuesday, especially after trade figures due to be released on Friday were unexpectedly delayed.

The European Commission fined Google 2.4 billion euros ($2.33 billion) five years ago and told the firm to stop favouring its shopping service.

The flows, mostly out of the bond market, reflect the attraction of higher interest rates elsewhere.

Finance Minister Shunichi Suzuki was quoted on Monday by the Nikkei business daily as saying authorities would take decisive steps against excess currency moves driven by speculation.

The Commodity Futures Trading Commission report for the week through Oct. 11 shows that hedge funds cut their net short position in three-month Secured Overnight Financing Rate futures to 552,462 contracts from 618,830 the week before.

"What I'm going to do... is to show the markets, the world, indeed people watching at home, that we can properly account for every penny of our tax and spending plans," Hunt told BBC television in an interview broadcast on Sunday.

Saudi King Salman bin Abdulaziz said the kingdom was working hard to support stability and balance in oil markets, including by establishing and maintaining the agreement of the OPEC+ alliance.

In the meantime, Chinese carmakers including BYD and Great Wall Motor are looking to gain a foothold in the EU and have recently scored high safety ratings for their EVs.

Hunt, a former foreign and health minister, said on Saturday some taxes will go up, spending will rise less than previously planned and that he hoped investors would take note of his changes that represented a near total U-turn in fiscal policy.

Ethopia's state finance minister Eyob Tekalign Tolina acknowledged the war was a key factor in the delay as well, and said he hoped there would be peace talks in "the coming few weeks" in an interview with Reuters.

China co-chairs a committee of official bilateral creditors with France as part of a debt restructuring that Zambia is seeking under the Group of 20's Common Framework, a platform for highly indebted countries to rework their debt with bilateral creditors.

CFOs who responded after Sept. 23's mini-budget were more likely to report high credit costs than those who responded before, Deloitte said.

Despite its history of merciless market drubbings during times of global economic stress, Indonesia was a surprising outperformer until August, buoyed in large part by its exports of gas, palm oil, and other prized commodities.

Oil found support from a combination of factors, including Chinese President Xi Jinping's comments at the Party Congress that reassured accommodative policies for the economy, a positive sign for demand outlook, CMC Markets analyst Tina Teng said.

More than one million football fans are expected to descend on the capital Doha during the November-December tournament, putting a strain on the tiny Gulf nation.

All eyes are now on how the UK government bond market will trade, after the Bank of England on Friday concluded its emergency gilt market support.

The former Dutch colonies are among the world's most tree-covered countries, hosts to the so-called forest "lungs" that sequester massive amounts of planet-warming carbon dioxide.

After reporting quarterly results last week, India's IT service providers indicated that companies that were splurging top dollar during the pandemic have turned cautious in regions such as Europe and the United States.