Yellen warns US default would threaten global economy, undermine its leadership
US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
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Oil recoups losses on plans for SPR refill, higher seasonal demand
TOKYO, May 9 (Reuters) - Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the...
Stocks slide on Chinese data, US debt ceiling worries hit T-bills
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023....
Pound hits one-year high against struggling dollar
SINGAPORE, May 8 (Reuters) - Sterling hit an over-one-year high against the dollar on Monday as the greenback began the...
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,...
Yen set to snap 3-week losing streak on bank jitters, dollar slips
SINGAPORE, May 5 (Reuters) - The yen was eyeing its first weekly gain in nearly a month on Friday, driven...
Sterling hits 11-month high vs dollar as Fed signals rate hike pause
LONDON, May 4 (Reuters) - The British pound was steady against the dollar on Thursday having hit an 11-month high...
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...
Dollar slides after Fed signals pause; banking woes dent confidence
SINGAPORE, May 4 (Reuters) - The dollar fell against most major currencies on Thursday after the U.S. Federal Reserve opened...
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...
