Finance

Dollar gains against yen as Fed policy, debt ceiling in focus

Dollar gains against yen as Fed policy, debt ceiling in focus

By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a six-month hig..

Concern over US default risk grips global markets as talks resume

Concern over US default risk grips global markets as talks resume

By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped g..

Dollar weakens after gains all week; debt deal hopes boost market sentiment

Dollar weakens after gains all week; debt deal hopes boost market sentiment

By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar fell on Friday after posting gains for mos..

Wall Street gains, Treasury yields rise as debt ceiling talks progress

Wall Street gains, Treasury yields rise as debt ceiling talks progress

NEW YORK (Reuters) – U.S. stocks were tentatively higher on Friday and benchmark Treasury yields extended their upward trajec..

Wall Street gains, dollar climbs on solid data, debt ceiling progress

Wall Street gains, dollar climbs on solid data, debt ceiling progress

By Stephen Culp NEW YORK (Reuters) -Wall Street turned higher and the dollar reached a seven-week peak on Thursday as discount retail..

German economic growth to remain muted in near term – IMF

German economic growth to remain muted in near term – IMF

BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, bu..

Platinum facing biggest deficit in years as carmakers snap up metal

Platinum facing biggest deficit in years as carmakers snap up metal

LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest ..

Shell shareholders urged by LAPFF to back climate activist’s resolution

Shell shareholders urged by LAPFF to back climate activist’s resolution

By Shadia Nasralla LONDON (Reuters) – Shell shareholders should support a climate activist resolution at its annual general meet..

Analysis-Investors’ route to post-COVID China is via Europe

Analysis-Investors’ route to post-COVID China is via Europe

By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck this year by buying..

Oil eases on lackluster Chinese import data, U.S. economy woes

Oil eases on lackluster Chinese import data, U.S. economy woes

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell on Tuesday, retreating from strong gains of the previous two sessions due to ..

U.S. dollar struggles, pound hits one-year high

U.S. dollar struggles, pound hits one-year high

By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peer..

Dollar jumps as U.S. job gains, wage growth beat expectations

Dollar jumps as U.S. job gains, wage growth beat expectations

By Karen Brettell NEW YORK (Reuters) – The dollar jumped on Friday after data showed that U.S. employers added more jobs than e..

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh, located in South Asia, has made significant strides in recent years, with the country becoming one of the fastest-growing ..

Dollar slips after upbeat China data; euro, pound rise

Dollar slips after upbeat China data; euro, pound rise

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after bett..

Manchester United tanks on report Glazers may avoid sale with new investment

Manchester United tanks on report Glazers may avoid sale with new investment

(Reuters) – Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing ..

Dollar dips ahead of inflation data later this week

Dollar dips ahead of inflation data later this week

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..

World stocks cling to upbeat mood, dollar stalls

World stocks cling to upbeat mood, dollar stalls

By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..

Wall Street slips, dollar gains as Fed seen hiking rates in May

Wall Street slips, dollar gains as Fed seen hiking rates in May

By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..

Wall St ends lower, Treasury yields slide as data fuels recession jitters

Wall St ends lower, Treasury yields slide as data fuels recession jitters

By Stephen Culp NEW YORK (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch ..

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

LONDON (Reuters) -Global companies that form alliances to help them to tackle climate change need clear “safe harbour” gui..

Pound hits 10-month peak, euro up as dollar under pressure

Pound hits 10-month peak, euro up as dollar under pressure

By Alun John LONDON (Reuters) – The British pound rose to a new 10-month high against the dollar on Tuesday, and the euro reache..

Pay awards to peak at 6% in 2023, finds XpertHR

Pay awards to peak at 6% in 2023, finds XpertHR

  In the year to the end of December 2023, the median basic pay rise is forecast to be 5% This annual forecast follows a peak in..

Dollar outshines euro, sterling amid European bank jitters

Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering..

Central banks keep hiking rates amid banking turmoil

Central banks keep hiking rates amid banking turmoil

By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday followed the Federal Reserve and ..

Dollar falls after Fed raises rates, forecasts future hike

Dollar falls after Fed raises rates, forecasts future hike

By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to r..

Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the w..

Global bank bonds claw back losses as markets rout eases

Global bank bonds claw back losses as markets rout eases

LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..

Global shares jump but bank ‘whack-a-mole’ not over

Global shares jump but bank ‘whack-a-mole’ not over

By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equitie..

Global equities gain, as rising bond yields pressure gold

Global equities gain, as rising bond yields pressure gold

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares stemmed a five-session rout on Tuesday as bank sha..

Market stress indicators react sharply after U.S. bank failures

Market stress indicators react sharply after U.S. bank failures

By Amanda Cooper, Yoruk Bahceli and Naomi Rovnick LONDON (Reuters) – Financial market stress indicators reacted sharply on Monda..

Wall Street stocks power higher as Treasury yields and dollar ease

Wall Street stocks power higher as Treasury yields and dollar ease

By Lawrence Delevingne and Elizabeth Howcroft (Reuters) – Wall Street stocks posted strong gains while Treasury yields and the d..

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday,..

Cepsa to nearly double investments over next 3 years as profit soars

Cepsa to nearly double investments over next 3 years as profit soars

MADRID (Reuters) -Spanish oil and gas company Cepsa plans to nearly double its investments over the next three years to a total of 3.6..

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

By Andrius Sytas KOHTLA-JARVE, Estonia (Reuters) – One of Europe’s most staunchly pro-Ukrainian governments faces a challe..

Volkswagen’s financial services undergoing reorganization

Volkswagen’s financial services undergoing reorganization

FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financ..

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid and China’s yuan gained on Wednesday after Chin..

Wall St indexes mixed, Treasury yields tick up as higher rates loom

Wall St indexes mixed, Treasury yields tick up as higher rates loom

By Lawrence Delevingne and Samuel Indyk (Reuters) – Wall Street indexes and global equities were mixed on Tuesday and bonds wrap..