Category Archives:
Tepid China data, Richemont pull down European shares
(Reuters) - European shares fell on Monday as China's lacklustre economic data knocked down commodity-linked stocks, while luxury group Richemont slumped on weaker-than-expected organic sales growth. ...
Jul 17, 2023
Global rules leave crypto firms with no place to hide, says G20 watchdog
By Huw Jones LONDON (Reuters) - Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties, the ...
Jul 17, 2023
Rates surge hits UK wealth, but young people might gain – report
LONDON (Reuters) - The jump in interest rates has wiped more than 2 trillion pounds off household wealth in Britain over the last year due to the fall in house prices and the value of bonds which has ...
Jul 17, 2023
Fashion retailer H&M to launch in Brazil
COPENHAGEN (Reuters) -Fashion retailer H&M will launch stores and online trade in Brazil in 2025, the company said on Monday. H&M opened its first store in Latin America in Mexico in 2012, and is curr...
Jul 17, 2023
Evergrande’s overdue results to show steep losses, market eyes liquidity update
By Clare Jim HONG KONG (Reuters) - China Evergrande Group, the world's most indebted property developer, is expected to post on Monday significant losses in its long overdue results for 2021 and 2022 ...
Jul 17, 2023
Analysis-For markets, BoE communication is bottom of the class
By Yoruk Bahceli (Reuters) - As markets navigate a likely end to the steepest interest rate rises in decades, investors say the Bank of England has been less consistent in its messaging than other maj...
Jul 17, 2023
South Korea home prices stabilise in June as buying in Seoul improves
SEOUL (Reuters) - South Korea's home prices were flat in June, data showed on Monday, as prices in the capital Seoul city stopped falling for the first time in a year with sentiment improving for some...
Jul 17, 2023
Marketmind: Bland China data leaves market hungry for stimulus
A look at the day ahead in European and global markets from Wayne Cole It could have been worse, is about the best that can be said of China's data dump today. The Q2 GDP number of +0.8% q/q just pipp...
Jul 16, 2023
Indonesia June trade surplus bigger than expected
JAKARTA (Reuters) - Indonesia booked a surprisingly large trade surplus of $3.46 billion in June, as exports and imports plunged more than expected, data from the statistics bureau showed on Monday. A...
Jul 16, 2023
US working with India on platform to speed its energy transition – Yellen
By Aftab Ahmed GANDHINAGAR, India (Reuters) -The United States is working with India to develop an investment platform to lower the cost of capital and increase private investment to fast-track India'...
Jul 16, 2023
Peoria, IL, USA
43 °F Overcast
