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Banking

China hopes France can help take heat out of relations with EU

China's Vice Premier He Lifeng and French Economy and Finance Minister Bruno Le Maire attend the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023. REUTERS/Thomas PeterBEIJING, July 29 (Reuters) - China hopes France can "stabilise the tone" of EU-China relations, vice-premier He Lifeng told a senior French minister in Beijing on Saturday, as European leaders debate how to "de-risk" but also cooperate with the world's second-largest economy.He also told Economy Minister Bruno Le Maire that China is willing to deepen cooperation with...
Stock Market

Global equities, US yields gain ahead of Fed, corporate results

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File photoWall Street stocks gainU.S. Treasury yields advanceOil prices hit three-month highDollar index weakens; Safe-haven gold risesNEW YORK, July 25 (Reuters) - Global equity markets and U.S. Treasury yields rose on Tuesday ahead of the Federal Reserve's expected interest rate hike and as markets awaited a stream of quarterly results from corporate heavyweights.Fed officials are gathering for their July monetary policy meeting, starting on Tuesday, where the central bank's...
Cryptocurrency

UK data watchdog to make enquiries about Worldcoin crypto project

LONDON, July 25 (Reuters) - Britain's data regulator said on Tuesday it will examine Worldcoin, a project by OpenAI CEO Sam Altman where users provide their iris scans in exchange for a digital identification and free cryptocurrency."We note the launch of WorldCoin in the UK and will be making further enquiries," a spokesperson for the Information Commissioner's Office told Reuters.Worldcoin launched on Monday with two million users from its trial, with the crypto project scaling up eyeball-scanning operations in 20 countries, including at sites in London.Described on its website as...
Banking

Global shares, U.S. yields rise as investors eye rates, earnings

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. REUTERS/Andrew Kelly/File PhotoWall Street stocks gainBenchmark 10-year yields riseU.S. dollar advancesOil prices climb 2%Safe-haven gold prices little changedNEW YORK, July 24 (Reuters) - Global equity markets and Treasury yields rose on Monday as investors braced for interest rate decisions from key central banks, including the U.S. Federal Reserve, as well as corporate earnings that may shed light on the state of the economy.An overwhelming majority of traders...
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