US should link China’s power in IMF to support for debt relief- former US official
A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in...
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German police raid properties of Russian businessman under EU sanctions
Russian businessman and founder of USM Holdings Alisher Usmanov attends a session during the Week of Russian Business, organized by...
Low weekly jobless claims, shrinking trade deficit boost US economic picture
Weekly jobless claims increase 2,000 to 207,000Continuing claims slip 1,000 to 1.664 millionTrade deficit contracts 9.9% to $58.3 billion in...
Shortfall in climate change cash grows ahead of COP28
A general view shows the plenary hall during an international replenishment conference for the United Nations Green Climate Fund in Bonn, Germany, October 5, 2023. REUTERS/Wolfgang Rattay Acquire Licensing RightsUN climate fund adds cash but still below targetUN warns of surging need for funds to cope with climate changeJapan adds $1 bln to fund, US money still missingGermany asks China, Gulf states to contributeBERLIN/BRUSSELS, Oct 5 (Reuters) - The United Nations' main fund for helping vulnerable countries cope with climate change said on Thursday it had raised $9.3 billion, falling...
Analysis: When, not if, Europe copies Wall Street share trading reform
Wall Street due to change to one day settlement in MayShorter time could increase competitiveness of EU marketsCould be complex...
EU gives nod to “world’s first” green bond standards
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
Exclusive: Iraq to end all dollar cash withdrawals by Jan. 1 2024, central-bank official says
BAGHDAD, Oct 5 (Reuters) - Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024...
Global bond rout deepens before receding on relief rally
U.S., European, Japanese bond rout deepens10-year Treasury yields hit 16-year high above 4.88%Wall Street mixed, Euro STOXX 600 lowerNEW YORK/LONDON, Oct 4 (Reuters) - A rout in government bond markets deepened on Wednesday with benchmark U.S. yields hitting fresh 16-year highs as investors bet that persistently high interest rates will slow world growth and dampen the appetite for riskier assets.Treasury yields later receded on a cooler-than-expected U.S. private payrolls report that helped stocks on Wall Street rebound from Tuesday's sharp sell-off.Growth concerns weighed on crude oil and gold prices, and...
Euro zone economy likely contracted in Q3
A sign reading "Anti-inflation challenge, second price cut" is seen near shelves at a supermarket in Nice, France, June 15,...
Euro parity is back on the dial for FX markets
Euro outlook deteriorates on high oil pricesDon't rule out a move to parity, analysts sayEuro shed 3% in Q3, on track for 3rd year of lossesLONDON, Oct 4 (Reuters) - Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy's fiscal position mean headwinds for the euro are getting stronger, raising the risk of a move back towards the psychologically key $1 marker.The euro, trading at its lowest levels of this year near$1.05 , fell 3% versus the dollar in the third quarter. It is poised for a...