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Column-Funds start 2023 short dollars, eyeing U.S. rate peak: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - Hedge funds have started 2023 betting that U.S. interest rates are close to peaking, that the Federal Reserve will keep them higher for longer and that the ...
Syndicated Content Jan 08, 2023
Dollar tentative as investors assess rate-hike path
SINGAPORE (Reuters) - The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week that stoked hopes of the Federal Reserve slowing the pace of its interest ...
Syndicated Content Jan 08, 2023
Shares of Ant-controlled companies, Alibaba rise after Jack Ma gives up control
SHANGHAI (Reuters) - Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday, after announcing that Ant founder Jack Ma is no longer their controller following an...
Syndicated Content Jan 08, 2023
Oil nudges higher after China opens borders, lifts fuel demand outlook
By Florence Tan SINGAPORE (Reuters) - Oil prices edged up on Monday, a day after travellers streamed into China following a reopening of borders that lifted the fuel demand outlook and partly offset c...
Syndicated Content Jan 08, 2023
Goldman Sachs to start cutting thousands of jobs midweek -sources
(Reuters) - Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it prepares for a tough economic environment. The sourc...
Syndicated Content Jan 08, 2023
SK On says it is undecided whether to proceed with battery venture with Ford, Koc
SEOUL (Reuters) - South Korean electric vehicle battery maker SK On said on Monday it has not decided whether to pursue a battery cell venture in Turkey with Ford Motor Co and Koc Holding AS, after si...
Syndicated Content Jan 08, 2023
Goldman Sachs to cut about 3,200 jobs this week after cost review – Bloomberg News
(Reuters) - Goldman Sachs Group Inc will start its biggest round of job cuts ever, as it locks in on a plan to eliminate about 3,200 positions this week, Bloomberg News reported on Sunday. The financi...
Syndicated Content Jan 08, 2023
Asia shares rally on U.S. rate hopes, China reopening
By Wayne Cole SYDNEY (Reuters) - Asian shares rallied on Monday as hopes for less aggressive U.S. rate hikes and the opening of China's borders bolstered the outlook for the global economy. MSCI's bro...
Syndicated Content Jan 08, 2023
UK becoming less attractive for investment, manufacturers warn
By Andy Bruce LONDON (Reuters) - Britain has become less competitive and less attractive to foreign investors as a result of soaring energy costs and recent political turmoil, manufacturers said in an...
Syndicated Content Jan 08, 2023
Marketmind: Soft landings and re-openings
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set to open the week with a spring in their step on Monday, buoyed by Wall Street's surge ...
Syndicated Content Jan 08, 2023
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