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Analysis-US debt ceiling crunch threatens to roil complacent stock market
By Lewis Krauskopf NEW YORK (Reuters) - Strategists at some of Wall Street's biggest banks are sounding increasingly worried about potential market fallout from the standoff over raising the U.S. debt...
Syndicated Content May 23, 2023
Marketmind: Can PMIs reprise their April surprise?
A look at the day ahead in European and global markets from Tom Westbrook Last month, better-than-expected PMI surveys helped pep markets' mood and kept stocks levitating near recent highs. This time,...
Syndicated Content May 22, 2023
Watchdog proposes first set of global rules for crypto sector
LONDON (Reuters) - International securities watchdog IOSCO on Tuesday proposed the first global approach to regulating cryptoasset markets, applying lessons from the collapse last year of FTX exchange...
Syndicated Content May 22, 2023
Boxed Out: Why safe deposit boxes are harder to find
By Chris Taylor NEW YORK (Reuters) - As any fan of spy thrillers knows, there is only one place to put your really valuable stuff: A safe deposit box. But even if you are not Jason Bourne - who needs ...
Syndicated Content May 22, 2023
Asian stocks notch two-week peak as focus turns to PMIs
SINGAPORE (Reuters) - Asian stocks crept to two-week highs in cautious trade Tuesday, helped by hints of progress toward avoiding a U.S. default and by resilience in Japan's economy, with industrial s...
Syndicated Content May 22, 2023
Qantas eyes record annual profit on strong travel demand, raises share buyback
(Reuters) -Qantas Airways Ltd forecast a record annual profit on Tuesday and increased its share buyback by up to A$100 million ($67.83 million), underpinned by improved travel demand and a moderation...
Syndicated Content May 22, 2023
Record number of British firms pessimistic about China business – survey
BEIJING (Reuters) - A record number of British companies are pessimistic about doing business in China and are taking a "wait and see approach", according to a survey by the British Chamber of Commerc...
Syndicated Content May 22, 2023
South Korea household credit shrinks at record pace in first quarter
SEOUL (Reuters) - South Korea's household credit shrank at a record pace in the first quarter as high interest rates suppressed demand, central bank data showed on Tuesday. The country's total househo...
Syndicated Content May 22, 2023
Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout
By Jonathan Stempel (Reuters) - A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the soc...
Syndicated Content May 22, 2023
Box truck crashes into security barriers near White House
(Reuters) - The driver of a box truck was detained on Monday night after crashing into security barriers on Lafayette Square near the White House, a U.S. Secret Service spokesperson said. "There were ...
Syndicated Content May 22, 2023
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