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US sea levels to rise at a faster pace than in past 100 years

  Bloomberg Oceans along the US coastline will rise faster within the next three decades than they did in the past 100 years, bringing more flooding to coastal cities such as New York and Miami, according to the latest projections. Sea levels are expected to rise as much as 12 inches by 2050, according to a report led by the ...

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Stocks climb on prospect of easing Ukraine tension

  Bloomberg Stocks rise on Wednesday as traders weighed the prospect of diminishing tension over Ukraine and the risk of further twists after Russia said it was withdrawing some forces. Shares were up in Japan, Hong Kong and China, where slowing inflation is boosting the central bank’s scope to ease policy to prop up growth. US futures were stable and ...

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Bond buyer strike in Japan gives yield curve a powerful jolt

  Bloomberg Japan’s sovereign yield curve has been jolted into life as a buyer’s strike and dovish central bank triggers a sharp steepening — setting the market aside from global peers. The move looks set to continue as the big institutions that dominate purchases of super-long maturities stick to the sidelines, hurt by the recent turmoil in global stocks and ...

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