European shares drop on dour earnings, rate hike concerns
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 16, 2023. REUTERS/Staff/File...
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China’s sliding yuan could be next ‘black swan event’ for markets, hedge fund EDL says
Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire...
Bankruptcies in the EU highest since 2015, Eurostat says
European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, June 5, 2020. REUTERS/Yves Herman/File Photo Acquire Licensing...
Norway central bank raises rate to 4.0%, eyes September hike
People go about their day near Norway's central bank building in Oslo, Norway May 31, 2017. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsARENDAL, Norway, Aug 17 (Reuters) - Norway's central bank raised its benchmark interest rate by 25 basis points to 4.0% on Thursday to try to curb inflation, as widely forecast, and said it would likely hike again in September.Thursday's hike had been expected by all 31 economists polled by Reuters, and a majority of poll participants predicted the rate would hit a peak of 4.25% by the end of...
Morning Bid: Rattled by the China and Fed double whammy
The German share price index DAX graph is pictured at the Frankfurt stock exchange after risks have climbed to multi-month...
EU members’ China cuddling weakens Brussels’ hand
European Union flags flutter outside the EU Commission headquarters, in Brussels, Belgium, February 1, 2023. REUTERS/Yves Herman Acquire Licensing RightsBRUSSELS,...
Dollar shines against battered yen; Aussie dragged by jobs data, China woes
SINGAPORE, Aug 17 (Reuters) - The dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S....
Exclusive: Bridgewater’s flagship fund was bearish on US stocks as rally fizzled
Bridgewater's Pure Alpha most bearish on developed market bondsAlso bearish about the U.S. dollar, metals and stocksEuro, Singapore dollar were...
PayPal to halt UK crypto sales until 2024
The PayPal logo is seen at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch/File Photo Acquire Licensing RightsLONDON, Aug 16 (Reuters) - Payments giant PayPal (PYPL.O) will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions.Britain's financial regulator is due to bring in tougher rules to limit how crypto is advertised to British consumers, including requiring crypto firms to carry warnings about the risk and scrapping "refer a friend" bonuses.PayPal will "temporarily pause"...
UK inflation set sterling for biggest one-day rally in three-weeks
Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Aug 16...
