EconomyAustralian minister urges greater U.S. economic engagement with Indo-PacificDecember 7, 2022100WASHINGTON, Dec 7 (Reuters) - Australia's Foreign Minister on Wednesday praised Washington's commitment to Indo-Pacific security but said its departure...
CurrenciesSterling edges back to near six-month peak, all eyes on rate outlookDecember 7, 202286LONDON, Dec 7 (Reuters) - The pound edged higher against the dollar on Wednesday and traded near its highest level...
BankingU.S. banks warn of recession as inflation hurts consumers; shares fallDecember 7, 202271NEW YORK, Dec 6 (Reuters) - The biggest U.S. banks are bracing for a worsening economy next year as inflation...
CurrenciesDollar edges up as darkening growth outlook hurts sentimentDecember 7, 202251SINGAPORE, Dec 7 (Reuters) - The dollar crept higher on Wednesday as top executives from the biggest U.S. banks warned...
CurrenciesFX swap debt a $80 trillion ‘blind spot’ BIS saysDecember 6, 2022103A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011....
BankingShares, bond prices fall as U.S. data sparks rate hike fearsDecember 5, 202272Strong ISM services data for November rattles investorsData supports further Federal Reserve rate hikesAll S&P 500 sectors decline, energy stocks...
CurrenciesU.S. labor market shrugs off recession fears; keeps Fed on tightening pathDecember 2, 202278Nonfarm payrolls increase 263,000 in NovemberUnemployment rate steady at 3.7%; participation rate fallsAverage hourly earnings rise 0.6%; up 5.1% year-on-yearWASHINGTON,...
CurrenciesC$ dips against greenback; falls harder vs other G10 currenciesDecember 1, 202261Canadian dollar weakens 0.2% against the greenbackCanadian manufacturing PMI rises to 49.6 in NovemberInvestors cut Bank of Canada rate hike...
FundsEU proposal would send proceeds of frozen Russian funds to UkraineNovember 30, 202271Russia must pay for devastation in Ukraine, von der Leyen saysProposal includes fund to invest Russian cbank liquid assetsThe assets...
CurrenciesSterling edges up as focus on Powell speech, euro zone inflationNovember 30, 202261LONDON, Nov 30 - Sterling rose against the dollar on Wednesday following three days of losses, and headed for its...