Category Archives:
Analysis – Dollar bears bide their time as U.S. economic strength persists
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline. The dollar is up 2.5% from its recent...
Jun 05, 2023
Countdown to mega merger – how Credit Suisse wobbled and UBS rushed to rescue
ZURICH(Reuters) - UBS Group takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis, is set to become official as early as June 12, the bank said on Monday. ...
Jun 05, 2023
UBS: takeover of Credit Suisse to close as early as June 12
By John Revill ZURICH (Reuters) - UBS said on Monday it will complete its takeover of Credit Suisse "as early as June 12", creating a giant Swiss bank with a balance sheet of $1.6 trillion following a...
Jun 04, 2023
Marketmind: Hawkish pause for thought?
A look at the day ahead in European and global markets from Kevin Buckland: All eyes are on interest rates to start the week, in Europe as well as the United States. Chris Weston, head of research at ...
Jun 04, 2023
Indonesia inflation returns to central bank target range in May
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) - Indonesia's annual inflation rate eased to 4% in May, matching the upper end of the central bank's target range earlier than expected, data ...
Jun 04, 2023
US banks could face 20% boost to capital requirements – WSJ
(Reuters) - U.S. regulators are preparing to force large banks to shore up their financial footing, the Wall Street Journal reported on Monday, to help boost the resilience of the system after a spate...
Jun 04, 2023
Barclays Private Bank makes senior appointments in Singapore – statement
SINGAPORE (Reuters) - Barclays Private Bank said on Monday it has made two senior appointments in its Singapore office in a move to tap into the influx of wealth and growth of family offices in the ci...
Jun 04, 2023
Turkish lira slips despite appointment of well-regarded finance minister
(Reuters) - Turkey's lira slid almost 1% on Monday in thin trading during the Asian day to weaken past 21 per dollar, in a shaky initial reaction to the appointment of highly-regarded Mehmet Simsek as...
Jun 04, 2023
Forever in debt: Why U.S. loans are getting longer
By Chris Taylor NEW YORK (Reuters) - Consumers facing high asset prices and rising interest rates have a few loan options. None are particularly attractive. Buyers of homes or new cars might be better...
Jun 04, 2023
3M, Florida city seek delay of trial in “bellwether” PFAS chemicals case
(Reuters) - U.S. industrial conglomerate 3M Co and the city of Stuart, Florida has jointly filed a motion to delay the trial of a "bellwether" PFAS case, according to a court filing late on Sunday. PF...
Jun 04, 2023
Peoria, IL, USA
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