Today: September 27, 2024
Today: September 27, 2024

Latest From Reuters

Business|Economy|Finance

Rate-cut relief doused by geopolitics

A look at the day ahead in European and global markets from Ankur Banerjee Optimism over looming U.S. interest rate cuts have been tempered by nervousness over what economic data will show in the

Rate-cut relief doused by geopolitics
Business|Economy|Finance

UK shop prices dip for first time in nearly 3 years, survey shows

British shop prices fell in annual terms this month for the first time since October 2021, pushed down by summer sales of clothes and household goods, a survey showed on Tuesday.

UK shop prices dip for first time in nearly 3 years, survey shows
Africa|Economy|Finance

IMF reaches staff-level deal for Liberia on $209 million new credit facility

The International Monetary Fund reached a staff-level agreement for Liberia on a new 40-month extended credit facility arrangement for $209 million, the IMF said in a statement

IMF reaches staff-level deal for Liberia on $209 million new credit facility
Business|Economy|Europe

Pay gap between bosses and ordinary workers widens in Switzerland

The gap between the highest- and lowest-paid workers in Switzerland widened in 2023, with top managers earning on average 143 times more than their lowest-paid employees, according

Pay gap between bosses and ordinary workers widens in Switzerland
Business|Economy

German business sentiment falls in August, delaying recovery hopes

German business morale fell for a third consecutive month in August, a survey showed on Monday, pushing back recovery hopes for Europe's largest

German business sentiment falls in August, delaying recovery hopes
Business|Economy|Europe|Finance

Chip stocks slip, keeping European shares muted ahead of data-heavy week

European shares were broadly flat in quiet trading on Monday, with semiconductor stocks leading the technology sector lower as investors looked

Chip stocks slip, keeping European shares muted ahead of data-heavy week
Economy|Europe|Finance|Stock Markets

Markets reassured by the Powell put

A look at the day ahead in European and global markets from Wayne Cole. Asia has seen an extension of the Powell rally so far on Monday with yields and the dollar down, and most stocks edging higher.

Markets reassured by the Powell put
Business|Economy|Finance

China central bank rolls over maturing loans, injects cash

China's central bank rolled over maturing medium-term loans and injected cash through its liquidity instruments on Monday, underlining market expectations for further easing as

China central bank rolls over maturing loans, injects cash
Australia|Business|Economy|Environment

Australian homeowners struggling to afford insurance as climate risks grow, report says

Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums, potentially putting billions of dollars

Australian homeowners struggling to afford insurance as climate risks grow, report says
Asia|Business|Economy|Finance

Bank of China President Liu Jin resigns

Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said.

Bank of China President Liu Jin resigns
Economy|Europe|Finance

ECB making good progress but job not done, Lane says

The European Central Bank is making "good progress" in cutting inflation back to its 2% target but success is not yet assured, so restrictive monetary policy is still

ECB making good progress but job not done, Lane says
Asia|Economy|Finance

China regulates bond market based on market principles, state media says

China's financial regulators approach bond market oversight based on market principles and from macro-prudential and compliance perspectives, state media on Saturday, rejecting

China regulates bond market based on market principles, state media says
Africa|Economy|Finance

S&P downgrades Kenya on weaker fiscal and debt trajectory

Global credit ratings agency S&P downgraded Kenya's rating on Friday to "B-" from "B," citing the recent repeal of the East African country's 2024/2025 Finance Bill, which it said will

S&P downgrades Kenya on weaker fiscal and debt trajectory
Business|Economy|Finance

U.S. Treasuries not the safe bet they once were, research says

No safer than a bund. Or a gilt. Or an OAT. Long touted as hands-down the world's "safe haven" securities, the behavior of U.S.

U.S. Treasuries not the safe bet they once were, research says
Economy|Finance

Sterling climbs to highest since March 2022 against dollar

Sterling climbed to a more than two-year high on the dollar on Friday, on recent signs of strength in the UK economy and dovish comments from Federal Reserve Chair Jerome Powell that sent

Sterling climbs to highest since March 2022 against dollar
Business|Economy

US new home sales rise to highest level in more than a year

Sales of new U.S. single-family homes rose to their highest level in more than a year in July as a drop in mortgage rates boosted demand, offering more evidence that the housing market is

US new home sales rise to highest level in more than a year
Economy|Finance

Key quotes from Powell's speech at Fed's Jackson Hole conference

Here are key quotes from Federal Reserve Chair Jerome Powell's speech on Friday to the Kansas City Fed's annual economic conference in Jackson Hole, Wyoming: POLICY: "The time has come for

Key quotes from Powell's speech at Fed's Jackson Hole conference
Business|Economy|Finance

Canada June retail sales down 0.3% as rates weigh; likely up in July

Canada's retail sales dropped in June, data showed on Friday, as consumers continued to feel the impact of high interest rates and cut back on discretionary

Canada June retail sales down 0.3% as rates weigh; likely up in July
Economy|Finance|Stock Markets

TSX hits record high as Fed chief signs off on rate cuts

Canada's main stock index rose to a record high on Friday, with energy and financials contributing to broad-based gains as Federal Reserve Chair Jerome Powell endorsed the

TSX hits record high as Fed chief signs off on rate cuts
Business|Economy|Finance

Global equity funds see sharp inflows on Fed rate cut hopes

Global investors ploughed money into equity funds in the week to Aug. 21, encouraged by expectations of a Federal Reserve rate cut in September and easing concerns about the U.S. economy.

Global equity funds see sharp inflows on Fed rate cut hopes
Economy|Europe|Finance

Euro zone consumers' inflation expectations hold steady, ECB survey shows

Euro zone consumers' inflation expectations over the next 12 months remained steady for the third month in a row in July, a European Central Bank survey showed on Friday.

Euro zone consumers' inflation expectations hold steady, ECB survey shows
Business|Economy|Finance

After battle with yuan bears, China is now keen to avoid sharp currency gains

Having spent all year trying to put a floor under the tumbling yuan, China's central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop the

After battle with yuan bears, China is now keen to avoid sharp currency gains
Business|Economy|Finance|Stock Markets

Nvidia, let's see what you've got

The latest earnings from AI darling Nvidia and key inflation numbers in the euro area and Australia should keep markets busy in the coming week.

Nvidia, let's see what you've got
Economy|Finance

Singapore July core inflation 2.5% y/y, lowest in more than two years

Singapore's key consumer price gauge rose 2.5% in July from a year earlier, the smallest increase since February 2022, official data showed on Friday.

Singapore July core inflation 2.5% y/y, lowest in more than two years
Economy|Europe|Finance

ECB has room for gradual rate cuts, Kazaks says

The European Central Bank has room to cut interest rates possibly two more times this year as inflation remains broadly on the declining path policymakers envisaged,

ECB has room for gradual rate cuts, Kazaks says

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