EU wrangles with Hungary over Ukraine aid, tax plan as billions at risk
EU ambassadors try to break stalemate again at 1700 GMTUkraine loan, global tax, money for Hungary in one packageMatter could...
archiveCEN
U.S. heading into shallow recession, no respite from rate hikes yet: Reuters poll
BENGALURU, Dec 9 (Reuters) - The U.S. economy is heading into a short and shallow recession over the coming year,...
Sterling edges back to near six-month peak, all eyes on rate outlook
LONDON, Dec 7 (Reuters) - The pound edged higher against the dollar on Wednesday and traded near its highest level...
U.S. banks warn of recession as inflation hurts consumers; shares fall
NEW YORK, Dec 6 (Reuters) - The biggest U.S. banks are bracing for a worsening economy next year as inflation...
Dollar edges up as darkening growth outlook hurts sentiment
SINGAPORE, Dec 7 (Reuters) - The dollar crept higher on Wednesday as top executives from the biggest U.S. banks warned...
FX swap debt a $80 trillion ‘blind spot’ BIS says
A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011....
Shares, bond prices fall as U.S. data sparks rate hike fears
Strong ISM services data for November rattles investorsData supports further Federal Reserve rate hikesAll S&P 500 sectors decline, energy stocks...
Hungary central bank chief sees 15%-18% inflation in 2023, urges end to price caps
BUDAPEST, Dec 5 (Reuters) - Hungary's inflation could be between 15% and 18% next year, the National Bank of Hungary's...
U.S. labor market shrugs off recession fears; keeps Fed on tightening path
Nonfarm payrolls increase 263,000 in NovemberUnemployment rate steady at 3.7%; participation rate fallsAverage hourly earnings rise 0.6%; up 5.1% year-on-yearWASHINGTON,...
C$ dips against greenback; falls harder vs other G10 currencies
Canadian dollar weakens 0.2% against the greenbackCanadian manufacturing PMI rises to 49.6 in NovemberInvestors cut Bank of Canada rate hike...
