BankingMorning Bid: Markets get twitchy as debt ceiling, growth fears weighMay 12, 2023153A look at the day ahead in European and global markets from Ankur BanerjeeSigns of an economic slowdown across the...
EconomyAnalysis: Sterling’s star may fade as focus shifts to squeeze on UK economyMay 11, 2023181Pound best performing G10 currency vs USD in 2023Headwinds ahead as rate hikes biteNo longer attractive in short-term -analystsLONDON, May...
BankingIMF says US default would have ‘very serious repercussions’ on global economyMay 11, 2023173WASHINGTON, May 11 (Reuters) - The International Monetary Fund said on Thursday that a U.S. debt default prompted by failure...
CurrenciesSterling trims drop after BoE hike, China’s data sends dollar higherMay 11, 2023125TOKYO, May 11 (Reuters) - Sterling trimmed declines after the Bank of England raised interest rates for the 12th consecutive...
MortgagesYellen warns US default would threaten global economy, undermine its leadershipMay 11, 2023152US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
CurrenciesVast China-Russia resources trade shifts to yuan from dollars in Ukraine falloutMay 11, 2023205China's use of yuan to buy Russian commodities surges since Ukraine warSpeeds China's quest to internationalise yuan, but still long...
BankingMarijuana banking bill heads to Senate Banking CommitteeMay 11, 2023162May 11 (Reuters) - Shares of pot companies were trading higher on Thursday as the U.S. Senate Banking Committee prepares...
FundsEmbattled US Rep George Santos arrested on fraud, money laundering chargesMay 10, 2023179NEW YORK, May 10 (Reuters) - U.S. Representative George Santos was arrested on Wednesday on federal charges of fraud, money...
Stock MarketLondon stocks edge lower ahead of US inflation data; Melrose jumpsMay 10, 2023158A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London,...
EconomyOil recoups losses on plans for SPR refill, higher seasonal demandMay 9, 2023169TOKYO, May 9 (Reuters) - Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the...