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Asian FX bears firm on Middle East tensions, hawkish Fed fears: Reuters poll
By Upasana Singh (Reuters) - Investors maintained bearish bets on most emerging Asian currencies as an escalation of the Middle East conflict and prospects of higher-for-longer U.S. interest rates pus...
Syndicated Content Oct 19, 2023
Fed’s Powell to take the stage amid a suddenly choppy landscape
(Reuters) - Federal Reserve Chair Jerome Powell will take the podium in New York on Thursday with his colleagues at the U.S. central bank in apparent agreement to hold interest rates unchanged at thei...
Syndicated Content Oct 19, 2023
Marketmind: Risk aversion grips markets
A look at the day ahead in European and global markets from Ankur Banerjee Escalating tensions in the Middle East and angst over elevated bond yields have thrown the markets deep into risk-aversion mo...
Syndicated Content Oct 18, 2023
Barclays now expects U.S. Fed rate hike in December
(Reuters) - Barclays forecasts the U.S. Federal Reserve delivering a 25-basis-point hike in December, compared to a prior rate hike expectation in November. U.S. economic activity was little changed o...
Syndicated Content Oct 18, 2023
Chinese-owned pork producer Smithfield prepares for US listing -WSJ
(Reuters) - Smithfield Foods' Chinese owner WH Group is working with banks to take the U.S.-based pork producer public again in the United States, the Wall Street Journal reported on Wednesday, citing...
Syndicated Content Oct 18, 2023
Ships speeding through US ‘go slow’ zones meant to protect endangered whale -report
BOSTON (Reuters) - More than 80% of ships are speeding through "go slow" zones set by environmental regulators along the U.S. East Coast to protect endangered North Atlantic Right Whales, according to...
Syndicated Content Oct 18, 2023
Analysis-Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears
By Davide Barbuscia NEW YORK (Reuters) - Some investors are increasing exposure to longer term U.S. Treasuries in the midst of a historic sell-off, as spiking yields promise to juice returns despite e...
Syndicated Content Oct 18, 2023
India’s Coforge posts 16% jump in Q2 revenue, reiterates full-year forecast
BENGALURU (Reuters) - Indian IT services company Coforge on Thursday reported a 16.2% jump in second-quarter revenue and reiterated its revenue growth forecast for fiscal year 2024, aided by new deal ...
Syndicated Content Oct 18, 2023
India’s Wipro shares slide premarket on weak Q3 IT services forecast
BENGALURU (Reuters) - Shares of India's fourth-largest IT services provider Wipro fell 3.8% in premarket trading on Thursday after the company forecast a drop in third-quarter IT services revenue. The...
Syndicated Content Oct 18, 2023
California governor Newsom to visit China next week to discuss climate action
(Reuters) - California governor Gavin Newsom will visit China next week to discuss climate cooperation, promote bilateral economic development and tourism and encourage cultural exchanges, his office ...
Syndicated Content Oct 18, 2023
Peoria, IL, USA
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