Biden meets Li Qiang, says China economic ‘crisis’ makes Taiwan invasion less likely
HANOI, Sept 10 (Reuters) - U.S. President Joe Biden said on Sunday he held his highest level talks with Chinese...
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EU commission chief asks G20 to join global carbon pricing
European Commission President Ursula von der Leyen gestures during a joint press statement with Philippine President Ferdinand Marcos Jr at...
UK watchdog to ‘ramp up’ checks on how banks assess risks
A person walks alongside the River Thames during sunrise, with London's financial district in the background, in London, Britain, April...
Dollar heads toward longest weekly winning streak since 2014, yuan plumbs 2007 low
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSINGAPORE, Sept 8...
Yellen says she will press for IMF, World Bank resources at G20 summit
U.S. Treasury Secretary Janet Yellen addresses the media, ahead of the G20 Summit in New Delhi, India, September 8, 2023....
ECB to pause hiking rates on Sept 14; economists split on one more: Reuters poll
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Dollar firmer on solid US data; China’s yuan tumbles to 16-year low
Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June...
IMF and regulators set out roadmap to contain crypto risks
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Sept 7 (Reuters)...
Industry bodies urge EU to ditch euro clearing relocation plan
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing...
European private loan market falters as corporate credit stress mounts
Private debt fundraising and deals slowIndustry tested by new high rate environmentLending squeeze set to aggravate default risksLONDON, Sept 7 (Reuters) - Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of steam, a fresh sign that aggressive interest rate rises may be starting to cause funding stress and exacerbate economic pain.Fundraising and deal-making have dropped sharply at European private debt funds, new data shows.The European private credit industry, which flourished after the 2008 financial crisis as...