IMF says US default would have ‘very serious repercussions’ on global economy
WASHINGTON, May 11 (Reuters) - The International Monetary Fund said on Thursday that a U.S. debt default prompted by failure...
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Sterling trims drop after BoE hike, China’s data sends dollar higher
TOKYO, May 11 (Reuters) - Sterling trimmed declines after the Bank of England raised interest rates for the 12th consecutive...
Yellen warns US default would threaten global economy, undermine its leadership
US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
Oil recoups losses on plans for SPR refill, higher seasonal demand
TOKYO, May 9 (Reuters) - Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the...
EU plans tough ‘value for money’ rules for investment products – draft document
LONDON, May 9 (Reuters) - Banks, insurers and asset managers in the European Union would only be allowed to sell...
Stocks slide on Chinese data, US debt ceiling worries hit T-bills
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023....
Morning Bid: US uncertainty feeds caution in Asia
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland.European investors hoping to...
Pound hits one-year high against struggling dollar
SINGAPORE, May 8 (Reuters) - Sterling hit an over-one-year high against the dollar on Monday as the greenback began the...
Shares rise, dollar weakens on bank sector fears
SINGAPORE, May 5 (Reuters) - Asian stocks rose, the dollar eased and gold hovered around its record highs on Friday,...
Yen set to snap 3-week losing streak on bank jitters, dollar slips
SINGAPORE, May 5 (Reuters) - The yen was eyeing its first weekly gain in nearly a month on Friday, driven...
