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World 21 May 2022 | 5:05 AM

Tumbling U.S. stocks stoke recession fears: Sky News

LONDON, May 20 (Xinhua) -- U.S. stock markets saw their biggest daily losses since June 2020 on Wednesday and it has stoked a panic over the prospects for an inflation-fueled recession, Sky News reported on Thursday.

World 21 May 2022 | 4:15 AM

U.S. dollar rebounds after prior session's pullback

NEW YORK, May 20 (Xinhua) -- The U.S. dollar rose in late trading on Friday as market participants sought shelter in safe-haven assets amid fears of the impact of surging inflation.