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,...
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Analysis: Fed up with shrinking savings, Europeans drain billions from banks
LONDON/DUBLIN, May 4 (Reuters) - European savers are pulling more of their money from banks, looking for a better deal...
Fed raises rates, opens door to pause in tightening cycle
Central bank lifts rates by quarter of a percentage pointBenchmark overnight interest rate now in 5.00%-5.25% rangePowell says Fed still...
Gold holds ground with Fed rate verdict in sight
Fed rate decision due at 2 p.m. EDTU.S. debt ceiling nerves could support gold - analystPalladium up more than 1%May...
Failed bank executives, regulators to testify before Senate panel
May 2 (Reuters) - The U.S. Senate Banking Committee said on Tuesday it would hear from former top officials at...
US labor market softens as job openings drop, layoffs at highest level in over 2 years
Job openings drop 384,000 in March; February revised upLayoffs and discharges increase 248,000 to 1.8 millionDecline in job openings concentrated...
White House: Fed interest rates having negative effect on banking
WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at...
Sterling slips with focus on UK’s relative rates outlook
LONDON, May 2 (Reuters) - The pound fell on Tuesday, ignoring data highlighting a few bright spots in Britain's economy,...
ADB announces funding plan for Asian efforts to combat climate change
INCHEON, South Korea, May 2 (Reuters) - The Asian Development Bank (ADB) on Tuesday announced a funding guarantee facility to...
Oil drops as economic growth concerns offset OPEC+ cuts
US Fed expected to raise rates by 25 basis points this weekJPMorgan buys First Republic Bank's assets after govt auctionLatest...
