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Cracks appear in UK gilt market as long-dated yields hit 5%
By Andy Bruce and William Schomberg LONDON (Reuters) - British government 30-year bond yields hit a 20-year high on Wednesday, pushing past 5%, and bond strategists warned that markets were becoming c...
Syndicated Content Sep 28, 2022
Taiwan spent $8.25 billion to hold back currency depreciation in H1
TAIPEI (Reuters) - Taiwan's central bank said on Wednesday that in the first half of this year it sold a net $8.25 billion to intervene in the foreign exchange market to try and arrest the Taiwan doll...
Syndicated Content Sep 28, 2022
Biogen, Eisai stocks soar on Alzheimer’s success, lifting rival shares
By Natalie Grover LONDON (Reuters) -Shares in Biogen and Eisai soared on Wednesday reflecting the surprise trial success of their experimental Alzheimer's drug, which also lifted the stocks of rival d...
Syndicated Content Sep 28, 2022
UK corporate bonds headed for biggest monthly selloff since 1990s
LONDON (Reuters) - UK corporate bond prices are headed for their biggest monthly fall since the 1990s, two indexes showed on Wednesday, as the fallout from the British government's "mini-Budget" rever...
Syndicated Content Sep 28, 2022
Private sector to pledge $8 billion to combat U.S. hunger-White House
WASHINGTON (Reuters) - The White House on Wednesday plans to unveil $8 billion in new private sector spending to combat hunger, including hundreds of millions of dollars for meals after lawmakers fail...
Syndicated Content Sep 28, 2022
Instacart, Shipt plan new payment methods for low-income shoppers
By Arriana McLymore NEW YORK, NY (Reuters) - Grocery delivery services Instacart and Target Corp's Shipt said on Wednesday they will expand their payment methods for low-income shoppers in line with t...
Syndicated Content Sep 28, 2022
Exclusive-Russia aiming to fly solo without Airbus and Boeing
By Gleb Stolyarov MOSCOW (Reuters) - Russia's aviation industry will aim to go it alone without the West, using locally built parts to produce 1,000 airliners by 2030 and end a reliance on Boeing and ...
Syndicated Content Sep 28, 2022
U.S. vows ‘big dollar’ help to Pacific islands in China contest
By David Brunnstrom, Alexandra Alper and Michael Martina WASHINGTON (Reuters) - The United States will announce "big dollar" assistance to Pacific island nations when President Joe Biden hosts a first...
Syndicated Content Sep 28, 2022
China central bank launches relending facility to support equipment upgrades
BEIJING (Reuters) - China's central bank said on Wednesday it has set up a relending facility with a more than 200-billion-yuan ($27.59 billion) quota to support equipment upgrades in manufacturing an...
Syndicated Content Sep 28, 2022
ECB may need to lift rates by 75 basis points in Oct, Kazimir says
(Reuters) - The European Central Bank may need to raise interest rates by another 75 basis points next month as inflation remains unacceptably high, Slovak central bank chief Peter Kazimir told a news...
Syndicated Content Sep 28, 2022
Peoria, IL, USA
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