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Improbable bets on break of Hong Kong dollar peg adding up
By Tom Westbrook and Georgina Lee SINGAPORE/HONG KONG (Reuters) - It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency peg suddenly snaps. Yet m...
Syndicated Content Dec 04, 2022
Marketmind: China Politburo smoke signals
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Interest rate decisions in Australia and India are the main set-piece events in Asia this week for investors...
Syndicated Content Dec 04, 2022
South Korea’s FX reserves post biggest monthly gain in 13 on weaker dollar
SEOUL (Reuters) - South Korea's foreign exchange reserves increased in November for the first time in four months and by the largest amount in 13 months, central bank data showed on Monday, as the U.S...
Syndicated Content Dec 04, 2022
George Clooney, Amy Grant, Gladys Knight, U2 to get Kennedy Center awards
By Jeff Mason and Daphne Psaledakis WASHINGTON (Reuters) - Actor George Clooney, singer-songwriter Amy Grant, singer Gladys Knight, composer Tania Len and rock group U2 were set to be celebrated on Su...
Syndicated Content Dec 04, 2022
Ghana to swap domestic debt in fight to regain economic stability
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) - Ghana will launch a domestic debt exchange on Monday, its Finance Minister Ken Ofori-Atta said, expressing confidence that the move would help ...
Syndicated Content Dec 04, 2022
Moldova central bank to hold extraordinary meeting on Monday
KYIV (Reuters) - Moldova's central bank said on Sunday that it will hold an extraordinary meeting on Monday to assess its main policy indicators, including its key rate. Moldova's key policy rate is c...
Syndicated Content Dec 04, 2022
ECB’s Villeroy says in favour of 50 bp rate hike on Dec. 15
PARIS (Reuters) - ECB board member Franois Villeroy de Galhau said on Sunday that he is in favour of a 50 basis point hike to 2% of the European Central Bank's main rate at its board meeting on Dec. 1...
Syndicated Content Dec 04, 2022
Saudi Exchange launches market-making framework to boost liquidity
DUBAI (Reuters) - Saudi Arabia's stock exchange said on Sunday it was launching a market-making framework for its stock and derivatives markets to help ensure liquidity and raise price-determination e...
Syndicated Content Dec 04, 2022
Suspected vandals leave thousands in the dark in North Carolina
By Rich McKay (Reuters) - Vandalism may have caused a mass power outage in a central North Carolina county, leaving about 45,000 homes and businesses in the dark Saturday night into early Sunday, affe...
Syndicated Content Dec 04, 2022
Italy’s Meloni may water down cash payments plan after EU talks
ROME (Reuters) - Italy's Prime Minister Giorgia Meloni said on Sunday that she may water down plans to make it easier to settle small payments with cash rather than cards, following talks with the Eur...
Syndicated Content Dec 04, 2022
Peoria, IL, USA
42 °F Overcast
