Dollar nudges higher as investors eye Powell speech, yen on intervention watch
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON, Oct 17...
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Shekel hits 4 per USD for first time since 2015 amid Israel-Hamas war
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsJERUSALEM/NEW YORK, Oct...
Insight: As global debt worries mount, is another crisis brewing?
Higher rates feed developed economy debt worriesHuge spending needs, interest payments to keep debt highU.S., Italy, Britain most concerningCredible spending plans, tax hikes, higher growth neededLONDON, Oct 16 (Reuters) - Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies.A surge in government borrowing costs has put high debt in the spotlight, with investors demanding increased compensation to hold long-term bonds and policymakers urging caution on public finances.Over...
China ramps up liquidity support to banking system
Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC),...
Borrell says EU takes China seriously, expects same in return
EU High Representative for Foreign Affairs and Security Policy Josep Borrell attends EU-China High-Level Strategic Dialogue at the Diaoyutai State...
Key takeaways from the IMF/World Bank meetings
World Bank President Ajay Banga, World Bank Secretary Mercy Tembon, Ukraine Minister of Finance Serhiy Marchenko, International Monetary Fund (IMF)...
US consumer sentiment sours; dollar aiding inflation fight
Vegetables are pictured at a produce shop at Reading Terminal Market after the inflation rate hit a 40-year high in...
Yellen says US-backed IMF funding increase is ‘pretty likely’
U.S. Treasury Secretary Janet Yellen addresses a news conference during a G20 finance ministers' and Central Bank governors' meeting at...
Twenty arrested in Hong Kong over false document pension withdrawals amid row over UK passport
An evening view of the financial central district of Hong Kong, China October 3, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsHONG KONG, Oct 13 (Reuters) - Hong Kong’s anti-corruption agency said on Friday 20 people had been arrested suspected of taking bribes to help people apply for early withdrawal of government pension funds with false documents, amid a row over new passports offered by Britain.Hong Kong pension funds have been in the spotlight since the emigration of more than 140,000 Hong Kong people to Britain after 2020 when China imposed...
Global stocks weighed down by inflation jitters
Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square,...
