VP Harris to sketch out US vision of post-conflict Gaza at COP
U.S. Vice President Kamala Harris disembarks an aircraft as she arrives to attend the United Nations Climate Change Conference (COP28)...
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GLOBAL ECONOMY Global factory activity stays weak, uncertainty on China clouds outlook
An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17,...
FOREX US dollar falls as Fed’s rate-hike cycle seen as likely done
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha Acquire Licensing...
Russian court rules in favour of VTB Bank’s $122 mln claim from former European subsidiary
This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Dec 1 (Reuters)...
Crypto stocks set to start December on high note as bitcoin hits near 19-month high
Representations of cryptocurrencies are seen in front of displayed words "Cryptocurrency market" and decreasing stock graph in this illustration taken...
U.S. to impose visa bans soon on Israeli extremist settlers for West Bank violence
U.S. President Joe Biden speaks In the Indian Treaty Room of the Eisenhower Executive Office Building at the White House complex in Washington, U.S., November 27, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsDUBAI, Dec 1 (Reuters) - The Biden administration has informed Israel that Washington will impose visa bans in the next few weeks on Israeli extremist settlers engaged in violence against Palestinian civilians in the occupied West Bank, a senior State Department official said.U.S. Secretary of State Antony Blinken in his meeting with Israeli Prime Minister Benjamin Netanyahu and...
Take Five: That most wonderful time of the year
Macy's Santa Claus appears on the trading floor to celebrate the 97th Macy's Thanksgiving Day Parade at the New York...
Rupee to open higher on robust India GDP, cooling US inflation
A currency trader is pictured through the symbol for the Indian Rupee on the floor of a trading firm in...
Yellen says US economy does not need drastic tightening, ‘soft landing’ on track
U.S. Treasury Secretary Janet Yellen attends a press conference in San Francisco, California, U.S., November 10, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsBESSEMER CITY, North Carolina, Nov 30 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy does not need further drastic monetary policy tightening to stamp out inflationary expectations and was on track to achieve a "soft landing" with strong employment.Yellen told reporters after a speech at a lithium processing plant in North Carolina that in the past, the Federal Reserve sometimes had...
Market pushback on central banks’ rates view just got louder
Markets now price hefty ECB, Fed rate cuts in 2024Nov euro zone inflation eases more than expectedGap with central bank messaging widens furtherLONDON, Nov 30 (Reuters) - A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets on interest rate cuts in the United States and Europe as evidence grows that inflationary pressures are fast abating.Money markets are now pricing in over 100 basis points apiece of rate cuts from the U.S. Federal Reserve and European Central Bank next year, and...