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World’s biggest bond markets hit by relentless selling
LONDON (Reuters) - An unrelenting selloff in world government bond markets pushed U.S. 30-year Treasury yields to 5% for the first time since 2007 and Germany's 10-year borrowing costs to 3% on Wednes...
Syndicated Content Oct 04, 2023
UK’s Phoenix Group says Nicholas Lyons to return as chair in December
(Reuters) - British insurer Phoenix Group said on Wednesday Nicholas Lyons will return as chair of its board in December, after he stepped down last year to take up the full-time role of Lord Mayor of...
Syndicated Content Oct 04, 2023
Casino shares suspended, news on debt deal expected soon
By Dominique Vidalon PARIS (Reuters) - Shares in French retailer Casino were suspended on Wednesday pending a statement, boosting speculation a final debt restructuring deal with creditors led by Czec...
Syndicated Content Oct 04, 2023
Euro zone retail sales fall much more than expected in Aug
BRUSSELS (Reuters) - Euro zone retail sales fell much more than expected in August, data showed on Wednesday, pointing to weaker consumer demand as inflation remains high. The European Union's statist...
Syndicated Content Oct 04, 2023
In Singapore, a certificate to own a car now costs $106,000
By Xinghui Kok SINGAPORE (Reuters) - To own a car in Singapore, a buyer must bid for a certificate that now costs $106,000, equivalent to four Toyota Camry Hybrids in the U.S., as a post-pandemic reco...
Syndicated Content Oct 04, 2023
Biden to announce $9 billion more in student debt relief
WASHINGTON (Reuters) - U.S. President Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White Hou...
Syndicated Content Oct 04, 2023
Toronto home prices rebound in September, sales hit 8-month low
By Fergal Smith TORONTO (Reuters) - Greater Toronto Area (GTA) home prices rose in September for the first time in four months, as the Bank of Canada paused its interest rate hiking campaign, but the ...
Syndicated Content Oct 04, 2023
Euro zone bond rout continues as Treasury yields surge to 2007 levels
By Joice Alves LONDON (Reuters) - Euro zone bond yields rose to their highest in over a decade on Wednesday as U.S. Treasuries led a selloff in debt markets after stronger than expected U.S. job openi...
Syndicated Content Oct 04, 2023
Japan’s economy running at near full capacity, BOJ estimates show
By Leika Kihara TOKYO (Reuters) - Japan's economy has recovered and is running near its full capacity in the second quarter, data from the central bank showed on Wednesday, adding to growing signs tha...
Syndicated Content Oct 04, 2023
India’s retail inflation likely to ease by December – finance secretary
By Nikunj Ohri NEW DELHI (Reuters) - India's retail inflation is likely to ease by December as seasonal factors become more favourable, Finance Secretary T V Somanathan told Reuters late on Tuesday. I...
Syndicated Content Oct 04, 2023
Peoria, IL, USA
42 °F Partly cloudy
