MortgagesYellen warns US default would threaten global economy, undermine its leadershipMay 11, 202363US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
CurrenciesVast China-Russia resources trade shifts to yuan from dollars in Ukraine falloutMay 11, 202353China's use of yuan to buy Russian commodities surges since Ukraine warSpeeds China's quest to internationalise yuan, but still long...
BankingMarijuana banking bill heads to Senate Banking CommitteeMay 11, 202361May 11 (Reuters) - Shares of pot companies were trading higher on Thursday as the U.S. Senate Banking Committee prepares...
CurrenciesFor Chinese buyers of Russian crude, middlemen ease the wayMay 11, 202372SINGAPORE, May 11 (Reuters) - For Chinese independent refiners who have been avid buyers of cheap Russian crude in the...
BankingU.S. prosecutors look at short selling in bank shares – sourceMay 10, 202368NEW YORK, May 10 (Reuters) - Federal prosecutors in Washington are looking into short seller activity around the recent volatility...
FundsEmbattled US Rep George Santos arrested on fraud, money laundering chargesMay 10, 202361NEW YORK, May 10 (Reuters) - U.S. Representative George Santos was arrested on Wednesday on federal charges of fraud, money...
BankingEU plans tough ‘value for money’ rules for investment products – draft documentMay 9, 202356LONDON, May 9 (Reuters) - Banks, insurers and asset managers in the European Union would only be allowed to sell...
BankingStocks slide on Chinese data, US debt ceiling worries hit T-billsMay 9, 202369Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023....
InvestingEU’s China envoy says consultancy crackdown, anti-spy law worrying for businessMay 9, 202372BEIJING, May 9 (Reuters) - The European Union's ambassador to China said on Tuesday that a broadening of Beijing's anti-espionage...
MoneyMexican president backs U.S. dollar as globe’s ‘principal currency’May 8, 202384MEXICO CITY, May 8 (Reuters) - Mexican President Andres Manuel Lopez Obrador gave the U.S. dollar a vote on confidence...