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ECB will hike rates further, we do not know when will stop, De Guindos says
MADRID (Reuters) - The European Central Bank will hike interest rates further in the euro zone to combat high inflation, ECB's Vice-President Luis de Guindos said on Monday. "There will be more intere...
Syndicated Content Dec 19, 2022
Asia’s stockpickers struggle in vintage year for big picture hedge funds
By Summer Zhen and Xie Yu HONG KONG (Reuters) - Asia's hedge funds are heading for their worst showing in a dozen years, with long-short stockpickers wrongfooted by volatility in China, while macro st...
Syndicated Content Dec 19, 2022
European shares edge higher after brutal selloff last week
(Reuters) - European shares edged higher on Monday, boosted by energy firms, after a bruising selloff last week sparked by growing fears of a recession as major central banks promised more interest ra...
Syndicated Content Dec 19, 2022
Analysis-Investors eye a new market in Central Europe: homes for rent
By Canan Sevgili, Jason Hovet and Gergely Szakacs GDANSK, Poland/PRAGUE (Reuters) - With rising interest rates and limited supply putting home ownership out of reach for a growing number of people in ...
Syndicated Content Dec 19, 2022
China seen keeping benchmark lending rates unchanged for 4th month
SHANGHAI (Reuters) - China is likely to keep benchmark lending rates unchanged for the fourth straight month in December on Tuesday, a Reuters survey showed, but expectations for monetary easing are r...
Syndicated Content Dec 19, 2022
Britain’s broken egg industry shows the price of food inflation
By James Davey LONDON (Reuters) - In Britain, the damage wrought by rampant inflation can be seen in the fate of the humble egg. With war in Ukraine driving energy and chicken feed costs higher, farme...
Syndicated Content Dec 19, 2022
Youth in Spain see jobs gain after years of instability
By Beln Carreo MADRID (Reuters) - A revamp of Spain's labour rules has led to a 142% rise in young workers with permanent contracts in a country where rates of youth unemployment and under-employment ...
Syndicated Content Dec 19, 2022
Australia’s housing crisis, largely hidden, is getting worse
By Stella Qiu and Praveen Menon CAMPBELLTOWN, Australia (Reuters) - Belinda has applied for more than 100 rental homes in the past year and been rejected every time. The 39-year-old Australian single ...
Syndicated Content Dec 19, 2022
Rich Chinese step up hunt for foreign investment bets to mitigate risks at home
By Xie Yu and Summer Zhen HONG KONG (Reuters) - Wealthy Chinese individuals are paring holdings of local securities and are increasingly looking at assets in the United States and elsewhere overseas -...
Syndicated Content Dec 19, 2022
China’s COVID surge hits Beijing trading floors, Shanghai finance hub
SHANGHAI (Reuters) - COVID-19 is sweeping through trading floors in Beijing and spreading fast in the financial hub of Shanghai, with illness and absence thinning already light trade and forcing regul...
Syndicated Content Dec 19, 2022
Peoria, IL, USA
37 °F Partly cloudy
