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Bond traders prepare to brave ‘painful’ yield curve bets as rate hikes slow
By Harry Robertson LONDON (Reuters) - Bond traders are eyeing a return to a type of trade that left them battered earlier this year - betting on yield curves returning to a more normal shape as slowin...
Syndicated Content Aug 09, 2023
Banking news unnerves ahead of US CPI
A look at the day ahead in European and global markets from Brigid Riley Markets have a full plate on Wednesday, taking in China's disappointing inflation data while awaiting tomorrow's U.S. CPI repor...
Syndicated Content Aug 08, 2023
Cathay Pacific posts $550 million first-half profit, to repay Hong Kong government
HONG KONG (Reuters) - Hong Kong's Cathay Pacific Airways reported on Wednesday a profit of HK$4.3 billion ($550.23 million) for the first half of 2023, its best interim results in more than a decade a...
Syndicated Content Aug 08, 2023
Rising prices for travel do not appear to be curbing wanderlust
By Joanna Plucinska, Rajesh Kumar Singh, Doyinsola Oladipo and Priyamvada C LONDON/CHICAGO/NEW YORK (Reuters) - The post-pandemic travel boom and the high ticket prices that come with it show no signs...
Syndicated Content Aug 08, 2023
Hedge fund Viking reopens flagship fund after a decade -sources
By Carolina Mandl NEW YORK (Reuters) - U.S.-based Viking Global Investors has reopened its flagship long/short hedge fund for new capital after being closed for more than a decade, according to three ...
Syndicated Content Aug 08, 2023
White House to detail plans restricting some US investments in China – source
By Karen Freifeld and David Shepardson NEW YORK/WASHINGTON (Reuters) - The White House on Wednesday will detail its plans to prohibit some U.S. investments in sensitive technology in China, and requir...
Syndicated Content Aug 08, 2023
Taiwan pitches deeper Europe engagement after TSMC Germany investment
By Ben Blanchard TAIPEI (Reuters) - Taiwan chipmaker TSMC's 3.5 billion euros ($3.83 billion) investment in Germany will drive deeper engagement between the island and Europe, Taiwan's economy ministe...
Syndicated Content Aug 08, 2023
Virtual reality startup Immersed to go public via SPAC deal – sources
By Milana Vinn NEW YORK (Reuters) - Immersed Inc, a maker of software used in augmented and virtual reality (AR/VR) technology for remote working, has struck a deal to go public through a merger with ...
Syndicated Content Aug 08, 2023
China’s Li Auto aims to outsell BMW, Mercedes, Audi in its home market in 2024
SHANGHAI (Reuters) - Li Auto said it aimed to outsell BMW, Mercedes-Benz and Audi in China in 2024 as the up and coming Chinese automaker accelerates rollouts of new models and ramps up production. "W...
Syndicated Content Aug 08, 2023
Dollar firm on safe-haven demand as markets fret over China, banks
By Kevin Buckland TOKYO (Reuters) - The dollar remained on the front foot in Asia on Wednesday, holding on to overnight gains against major peers as investors sought the safety of the currency amid ri...
Syndicated Content Aug 08, 2023
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