UK watchdog to ‘ramp up’ checks on how banks assess risks
A person walks alongside the River Thames during sunrise, with London's financial district in the background, in London, Britain, April...
archiveGB
Dollar heads toward longest weekly winning streak since 2014, yuan plumbs 2007 low
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSINGAPORE, Sept 8...
Dollar firmer on solid US data; China’s yuan tumbles to 16-year low
Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June...
Industry bodies urge EU to ditch euro clearing relocation plan
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing...
Sterling stays at three-month low as traders temper rate hike bets
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON,...
Oil settles up on expectations of U.S. crude draws and tight supply
NEW YORK, Sept 6 (Reuters) - Oil prices settled higher on Wednesday, reversing early declines as traders anticipated further draws on U.S. crude oil inventory following extended production cuts in Saudi Arabia and Russia.Brent crude futures settled up 56 cents to $90.60 a barrel while U.S. West Texas Intermediate crude (WTI) futures settled up 85 cents to $87.54. Both benchmarks rose by $1 and then pared gains."We have pretty low crude supplies in the U.S., with several weeks of big crude oil draws pushing prices up," said Bob Yawger, director...
London stocks extend losses on global economic gloom, WH Smith slides
Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3,...
Sterling languishes as dollar king of the currencies
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON,...
European asset managers reject plans for tigher liquidity rules
LONDON, Sept 5 (Reuters) - Proposals to force open-ended investment funds to hold more liquid assets to cope with a...
SoftBank’s Arm aims for over $52 bln valuation in biggest US IPO of the year
Sept 5 (Reuters) - SoftBank Group's (9984.T) Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market flotation of the year.SoftBank is offering 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece and is looking to raise up to $4.87 billion at the top of the range, Arm said in a regulatory filing.The valuation that Arm is chasing now represents a climb-down from...