Finance

Aussie dollar firm as bonds tumble, yen looks past BOJ

Aussie dollar firm as bonds tumble, yen looks past BOJ

By Alun John HONG KONG (Reuters) – Central bank policymakers buffeted currency trading on Thursday as the Australian dollar held..

As Bitcoin’s market cap surpasses $1 trillion, almost a third of young adults view cryptos as a safe investment

As Bitcoin’s market cap surpasses $1 trillion, almost a third of young adults view cryptos as a safe investment

22 October 2021 A recent study by KIS Finance has revealed that almost a third (27.5%) of young adults view cryptocurrencies as a safe..

Card spending in UK falls below pre-COVID average – ONS

Card spending in UK falls below pre-COVID average – ONS

LONDON (Reuters) – Spending on credit and debit cards in Britain fell last week to 97% of its pre-pandemic average in February 2..

Metro Bank posts flat third-quarter loan growth

Metro Bank posts flat third-quarter loan growth

(Reuters) – Metro Bank said on Wednesday third-quarter net loans were at similar levels to the previous quarter, as a reduction ..

Nearly 75% of people still want the option to set their own contactless limit

Nearly 75% of people still want the option to set their own contactless limit

A recent study by KIS Finance has revealed some interesting statistics in relation to the limit for contactless payments increasing to..

Yields rise, stocks nudge higher after U.S. jobs data

Yields rise, stocks nudge higher after U.S. jobs data

By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Global equity markets edged higher and Treasury yields rose on Frid..

Analysis-Europe’s record IPO year has a sting in its tail

Analysis-Europe’s record IPO year has a sting in its tail

By Abhinav Ramnarayan and Oliver Hirt LONDON (Reuters) – Europe’s record year for initial public offerings (IPOs) is threa..

Dollar makes broad gains on inflation worries

Dollar makes broad gains on inflation worries

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar rose on Wednesday toward the 1-year high touched last week as surging energ..

Stocks under pressure as euro zone inflation hits 13-year high

Stocks under pressure as euro zone inflation hits 13-year high

By Huw Jones LONDON (Reuters) – Wall Street headed for a steadier start on Friday after losses in Europe and Asia as euro zone i..

Stocks claw back as markets calm after Evergrande-led slide

Stocks claw back as markets calm after Evergrande-led slide

By Lewis Krauskopf and Lawrence White NEW YORK/LONDON(Reuters) – World stock markets edged back on Tuesday while the U.S. dollar..

UK inflation expectations show record jump in Sept -Citi/YouGov

UK inflation expectations show record jump in Sept -Citi/YouGov

By David Milliken LONDON (Reuters) – The British public’s expectations for inflation over the coming year have shot up by ..

Dollar eases from near 1-month high as Fed, Evergrande eyed

Dollar eases from near 1-month high as Fed, Evergrande eyed

By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar eased slightly from a near one-month high as global markets firmed som..

UK’s first green gilt draws record $137 billion demand

UK’s first green gilt draws record $137 billion demand

By David Milliken and Yoruk Bahceli LONDON (Reuters) – Britain sold 10 billion pounds of its first ‘green’ governmen..

Evergrande jitters pull risk currencies lower, dollar gains on safety bid

Evergrande jitters pull risk currencies lower, dollar gains on safety bid

(Adds details, updates prices; changes byline, dateline; previous LONDON) By Chuck Mikolajczak NEW YORK (Reuters) – The offshore..

U.S. consumers’ inflation expectations highest in 8 years, NY Fed says

U.S. consumers’ inflation expectations highest in 8 years, NY Fed says

By Jonnelle Marte (Reuters) – U.S. consumers’ expectations for how much inflation will change over the next year and the c..

Over 60% of consumers believe the British public should ‘shop local’ to aid economic recovery, new research finds

Over 60% of consumers believe the British public should ‘shop local’ to aid economic recovery, new research finds

Over 60% of consumers believe that members of the British public should ‘shop local’ to aid economic recovery, according to new resear..

ByteDance in talks with banks to borrow over $3 billion, sources say

ByteDance in talks with banks to borrow over $3 billion, sources say

(Reuters) -ByteDance, the Chinese owner of short-video platform TikTok, is in talks with Wall Street banks to borrow more than $3 bill..

London takes aim at New York with five-year financial plan

London takes aim at New York with five-year financial plan

By Huw Jones LONDON (Reuters) – Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial..

Fighting fraud in trade finance requires a digital-first approach

Fighting fraud in trade finance requires a digital-first approach

Trade finance is a critical component of global trade, enabling banks to provide risk mitigation and working capital facilitation. Any..

5 simple things you need to purchase your dream home abroad

5 simple things you need to purchase your dream home abroad

Buying your dream home abroad can be confusing, and a little bit daunting. There are so many rules and regulations in place when you&#..

5 finance scams that target expats…and how to avoid them

5 finance scams that target expats…and how to avoid them

Expatriates are a prime target for scammers. And no wonder, usually being wealthier than locals, out of their comfort zone and maybe w..

The ultimate beginners guide: 10 tips on what you need to know when setting up an ecommerce store

The ultimate beginners guide: 10 tips on what you need to know when setting up an ecommerce store

Businesses and customers gradually went digital as lockdowns became the new reality, offering and obtaining more products and services..

Kiwi hit by new virus case; souring risk sentiment supports yen, Swiss franc

Kiwi hit by new virus case; souring risk sentiment supports yen, Swiss franc

By Hideyuki Sano TOKYO (Reuters) – The New Zealand dollar tumbled on Tuesday after the country discovered its first community ca..

Dollar dented as consumer sentiment dives

Dollar dented as consumer sentiment dives

By Saqib Iqbal Ahmed and Saikat Chatterjee NEW YORK (Reuters) – The U.S. dollar fell to a one-week low against a basket of curre..

What makes a good long-term investment strategy?

What makes a good long-term investment strategy?

By Ben Hobson, Markets Editor, Stockopedia Thanks to social media feeds and 24/7 news cycles, there’s more buzz around stocks and oppo..

Cineworld eyes Wall St money after rival AMC becomes meme stock

Cineworld eyes Wall St money after rival AMC becomes meme stock

By Muvija M and Chris Peters (Reuters) -Cineworld is considering a Wall Street listing for all or part of its business in an effort to..

European stocks extend record rally on lift from insurers, M&A activity

European stocks extend record rally on lift from insurers, M&A activity

By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European shares rose on Thursday, hitting yet another record high, as strong earning..

FTSE 100 weighed down by Rio Tinto, Aviva leads gains

FTSE 100 weighed down by Rio Tinto, Aviva leads gains

By Shashank Nayar and Ambar Warrick (Reuters) – London’s FTSE 100 closed lower on Thursday with Rio Tinto weighing the mos..

German bond yields give up rise after U.S. price data

German bond yields give up rise after U.S. price data

By Yoruk Bahceli (Reuters) – Benchmark German bond yields dipped from near two-week highs on Wednesday after crucial U.S. inflat..

SoftBank’s Vision Fund posts $2 billion profit, share weakness casts shadow

SoftBank’s Vision Fund posts $2 billion profit, share weakness casts shadow

By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp’s Vision Fund unit on Tuesday posted a 236 billion yen ($2.14 billion)..

Stocks tread water as gold, oil declines spook sentiment

Stocks tread water as gold, oil declines spook sentiment

By Matt Scuffham and Ritvik Carvalho NEW YORK/LONDON (Reuters) -Global shares treaded water on Monday as sharp falls in gold and oil p..

Wall Street muted on jobs growth as inflation, Delta fears weigh

Wall Street muted on jobs growth as inflation, Delta fears weigh

By Lawrence Delevingne BOSTON (Reuters) -A positive jobs report spurred Wall Street to push some stocks and Treasuries higher on Frida..

Wall Street pushes stocks, oil higher on promising data

Wall Street pushes stocks, oil higher on promising data

By Lawrence Delevingne BOSTON (Reuters) – U.S. stocks and oil prices rebounded on Thursday as unemployment claims declined and t..

Oil rises over 1% as Mideast tensions face virus concerns

Oil rises over 1% as Mideast tensions face virus concerns

By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose about 1% on Thursday on increasing Middle East tensions, but fresh movement res..

Ethereum software upgrade activated; ether reverses losses, trades up

Ethereum software upgrade activated; ether reverses losses, trades up

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Ethereum, the second-largest blockchain network, went through a major software upgrade..

Wall Street pushes stocks, oil higher on promising data

Wall Street pushes stocks, oil higher on promising data

By Lawrence Delevingne BOSTON (Reuters) -U.S. stocks and oil prices rebounded on Thursday morning as unemployment claims declined and ..

Dollar rebound holds as yields steady ahead of jobs data

Dollar rebound holds as yields steady ahead of jobs data

By David Henry NEW YORK (Reuters) – The dollar held gains on Wednesday after a quick recovery from an earlier fall as markets ch..