Category Archives:
Bank of Canada seen set for jumbo 75-bp rate hike as inflation bites
By Julie Gordon OTTAWA (Reuters) - The Bank of Canada on Wednesday is expected to make its largest interest-rate increase since the late 1990s as the central bank hastens tightening to tackle an overh...
Jul 13, 2022
Analysis: Bruised investors seek shelter in U.S. healthcare stocks
By Lewis Krauskopf NEW YORK (Reuters) - Shares of U.S. healthcare companies are gaining favor as investors bank on their ability to weather rocky economic times and the stocks look more reasonably val...
Jul 13, 2022
Uniqlo owner’s Q3 results to offer clues on China recovery, Japan inflation
By Rocky Swift TOKYO (Reuters) - Japan's Fast Retailing, home of Uniqlo, is expected to report quarterly profit grew 11% overall on Thursday, but investors' focus will be on whether China is recoverin...
Jul 12, 2022
Global regulators back ‘same risk, same regulation’ for stablecoins
By Huw Jones LONDON (Reuters) - Major stablecoins must comply with the same safeguards as traditional forms of payments, global regulators said on Wednesday, tightening controls over a battered crypto...
Jul 12, 2022
EU edges closer to ending ‘too-big-to-fail’ banks by 2024
By Huw Jones LONDON (Reuters) - The European Union's body for dismantling failed banks said on Wednesday it would ratchet up pressure on lenders over the coming months to bolster their defences so tha...
Jul 12, 2022
Asian shares bounce, markets on edge ahead of U.S. inflation data
By Alun John (Reuters) - Asian stocks gained on Wednesday, taking back some of their recent losses, while the euro hovered just above parity against the dollar ahead of a highly anticipated U.S. infla...
Jul 12, 2022
China’s foreign trade faces instabilities and uncertainties: customs official
BEIJING (Reuters) - China's foreign trade still faces instabilities and uncertain factors even as trade growth in May and June reversed the declining trend in April, said Li Kuiwen, a spokesman for th...
Jul 12, 2022
RBNZ raises cash rate by 50 basis points
WELLINGTON (Reuters) - New Zealand's central bank raised interest rates by 50 basis points to 2.50% on Wednesday, its sixth rate hike in a row in an effort to get on top of inflation. Twenty of the 22...
Jul 12, 2022
Euro clings to parity as traders wait on U.S. inflation
By Rae Wee and Tom Westbrook SINGAPORE (Reuters) - The euro hovered a whisker above parity on the dollar on Wednesday ahead of U.S. inflation data, with traders wary a sky-high reading could force it ...
Jul 12, 2022
Vietnam’s Vinfast says agrees $4 billion EV factory funding with Credit Suisse, Citi
HANOI (Reuters) - Vietnam carmaker Vinfast has signed framework agreements with Credit Suisse (Singapore) Ltd and Citigroup Global Markets Inc. (USA) to raise at least $4 billion to develop an electri...
Jul 12, 2022
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