Category Archives:
Cartier owner Richemont sees growth easing as economic worries rise
ZURICH (Reuters) -Luxury group Richemont reported weaker than expected earnings on Friday as the owner of Cartier jewellery said the rising cost of living, economic headwinds and geopolitical tensions...
Nov 10, 2023
Middle East conflict: Have markets really moved on from fear?
By Naomi Rovnick and Marc Jones LONDON (Reuters) - After Hamas' incursion into Israel on Oct. 7 jolted world markets, an oil surge has reversed, global stocks are now broadly flat and bets on a humani...
Nov 10, 2023
Loans linked to ESG face overhaul by under-pressure banks
By Tommy Wilkes and Isla Binnie LONDON/NEW YORK (Reuters) - Corporate loans whose costs are linked to environmental, social and governance (ESG) goals are being redesigned by banks in response to risi...
Nov 10, 2023
Top EU, China climate officials to hold talks next week
By Kate Abnett BRUSSELS (Reuters) - The European Union and China's top climate change officials will meet in Beijing for talks next week, ahead of the United Nations' COP28 climate summit, an EU offic...
Nov 10, 2023
Analysis-Some investors see Powell’s hawkish lean as response to looser financial conditions
By Davide Barbuscia and David Randall (Reuters) - A hawkish lean from Federal Reserve Chair Jerome Powell chilled a recent rebound in stocks and bonds, with some investors suggesting the central bank ...
Nov 10, 2023
Column-Central banks need a word with budget masters: Mike Dolan
By Mike Dolan LONDON (Reuters) - If a re-emerging risk premium in bonds is down to government debt sustainability worries, central banks may need to lobby their Treasuries that it's undermining their ...
Nov 10, 2023
Japan to allocate $13 billion for chip industry support in extra budget
TOKYO (Reuters) - Japan's government will allocate 1.99 trillion yen ($13 billion) to support efforts to boost its chip industry in a supplementary budget for the current fiscal year. Japan is a leadi...
Nov 10, 2023
Indonesia to cap interest on loans given by fintech companies
JAKARTA (Reuters) - Indonesia will in stages lower the maximum interest rates charged by financial technology (fintech) firms in the microfinance sector, amid complaints that overly high rates have be...
Nov 09, 2023
Exclusive-Country Garden aims to have offshore debt restructuring plan by year end, sources say
By Xie Yu HONG KONG (Reuters) - China's embattled Country Garden is aiming to pull together a tentative plan to restructure its offshore debt by the end of this year, two sources with direct knowledge...
Nov 09, 2023
Marketmind: ‘Not confident’ Powell drags markets lower
A look at the day ahead in European and global markets from Ankur Banerjee A sea of red awaits Europe as investors gave up any attempt at a rally in risk assets, after Fed Chair Jerome Powell made it ...
Nov 09, 2023
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