Today: September 30, 2024
Today: September 30, 2024

Latest From Reuters

Economy

BOJ deputy governor Uchida signals readiness to raise rates further

Bank of Japan Deputy Governor Shinichi Uchida said on Friday the central bank will "adjust the degree of monetary support" if the economy and prices move in line with

BOJ deputy governor Uchida signals readiness to raise rates further
Business|Economy

Investors say Turkey stands out positively among emerging markets, source says

Turkish Finance Minister Mehmet Simsek met with investors at a Deutsche Bank-organised investor meeting in London on Thursday and participants said Turkey stood out positively among

Investors say Turkey stands out positively among emerging markets, source says
Business|Economy

It's all about the data

For markets trying to assess how quickly interest rate moves are likely to come, it's all about the data.

It's all about the data
Economy

FTSE 100 snaps five-week losing streak as inflation back to BoE's target

London stocks closed the week on a positive note after domestic inflation fell to the Bank of England's 2% target earlier this week, raising bets of an

FTSE 100 snaps five-week losing streak as inflation back to BoE's target
Business|Economy

European shares slip on tech, banks drag; clocks weekly gains

European shares closed lower on Friday, pressured by falls in technology and bank stocks, while Danish brewer Carlsberg Group was the

European shares slip on tech, banks drag; clocks weekly gains
Business|Economy|Environment

EU leaders to urge swift progress on joint capital market by year end

European Union leaders will seek "swift and decisive" progress by the end of the year on a U.S.-style capital market to steer private investment into the bloc's green and digital

EU leaders to urge swift progress on joint capital market by year end
Business|Economy

US regulators single out four banks for flawed 'living wills'

U.S. bank regulators said four major banks had shortcomings in their "living wills" - or plans that outline how they could be safely wound down if they went bankrupt or came under pressure

US regulators single out four banks for flawed 'living wills'
Business|Economy|Environment

Brazil tightens rules to renew energy distribution concessions

The Brazilian government issued on Thursday tighter guidelines for the extension of energy distribution contracts, easing the advanced cancellation of concessions and allowing the country

Brazil tightens rules to renew energy distribution concessions
Economy

UK GfK consumer sentiment rises to highest since Nov 2021

British consumer sentiment rose to a two-and-a-half year high this month, as households' improved assessment of the broader economy outweighed greater concerns about their personal

UK GfK consumer sentiment rises to highest since Nov 2021
Business|Economy

Japan's June factory activity eases as costs rise, PMI shows

Japan's factory activity expanded for a second straight month in June but the pace of growth eased as orders weakened and cost pressures intensified, a business survey showed on

Japan's June factory activity eases as costs rise, PMI shows
Business|Economy

US regulators reject Citi's 'living will' resolution plan, FT reports

U.S. banking regulators rejected Citigroup's so-called "living will", which is a detailed plan to wind itself down in the event of catastrophic failure, The Financial Times reported on

US regulators reject Citi's 'living will' resolution plan, FT reports
Business|Economy

Dollar backed by dove with sharpest claws

A look at the day ahead in European and global markets from Kevin Buckland King dollar is exerting its authority to end the week at new heights.

Dollar backed by dove with sharpest claws
Economy

Thai Finance Minister and central bank to discuss inflation target, PM says

Thailand's Finance Minister Pichai Chunhavajira will discuss the inflation target with the central bank governor, Prime Minister Srettha Thavisin said on Friday, adding additional

Thai Finance Minister and central bank to discuss inflation target, PM says
Business|Economy

BOJ tankan expected to show big manufactures confident on outlook: Reuters poll

Confidence among big Japanese manufacturers likely improved slightly in the three months to June, while non-manufacturers' mood slipped a bit, the Bank of Japan's (BOJ) closely-

BOJ tankan expected to show big manufactures confident on outlook: Reuters poll
Business|Economy

Poland's LPP says police are investigating Hindenburg Research

Polish police have opened an investigation into possible manipulation of financial instruments by Hindenburg Research, fashion group LPP said on Thursday.

Poland's LPP says police are investigating Hindenburg Research
Business|Economy

China orders small banks to curtail wealth management business, sources say

China's banking regulator has given small banks a 2026 deadline to stop selling wealth management products unless they have a separate wealth subsidiary in a bid to curb financial

China orders small banks to curtail wealth management business, sources say
Business|Economy

Germany saw record number of industrial disputes in 2023, study shows

The number of working days lost to strikes in Germany doubled in 2023 compared with the previous year to more than 1.5 million, with a record 312 industrial disputes, a study showed on

Germany saw record number of industrial disputes in 2023, study shows
Business|Economy

Kroger reaffirms annual forecasts on cautious consumer spending

Kroger on Thursday struck a cautious tone on consumer spending in the near term as it reaffirmed its full-year same-store sales and profit forecasts despite topping first-

Kroger reaffirms annual forecasts on cautious consumer spending
Business|Economy

Castlelake to buy up to $1.2 billion in consumer loans from Upstart

Private credit lender Castlelake will buy up to $1.2 billion in consumer installment loans from fintech firm Upstart to expand its foothold in the retail lending space, it said on Thursday

Castlelake to buy up to $1.2 billion in consumer loans from Upstart
Business|Economy

Rental car firm Hertz plans to raise $750 million through notes

Hertz Global Holdings said on Thursday it intends to raise $750 million through a two-part secured notes offering, as the company looks to shore up its balance sheet after a failed bet on

Rental car firm Hertz plans to raise $750 million through notes
Economy

Euro zone consumer confidence rises to -14.0 in June

Euro zone consumer confidence rose by 0.3 point in June from the May number, figures released on Thursday showed.

Euro zone consumer confidence rises to -14.0 in June
Business|Economy

Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules

Nikola on Thursday announced a 1-for-30 reverse stock split to comply with Nasdaq listing rules. The stock will begin trading on a split-adjusted basis starting June 25, the company said.

Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules
Business|Economy

Stocks up as Swiss cut again, BoE eyed; yuan slides

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street returns from its midweek break to find record high stocks still chomping at the bit, with overseas monetary easing in

Stocks up as Swiss cut again, BoE eyed; yuan slides
Business|Economy

Toyota Group suppliers Denso, Aisin scale back cross-shareholdings, filing shows

Two of Toyota's top suppliers, Denso and Aisin, have sold off holdings in several Toyota-affiliated companies, regulatory filings showed on Thursday, in the latest reduction of cross

Toyota Group suppliers Denso, Aisin scale back cross-shareholdings, filing shows
Business|Economy

European shares rise after Swiss rate cut, BoE decision

European shares advanced on Thursday with broad-based gains as markets tracked a global upbeat sentiment, while shares of British,

European shares rise after Swiss rate cut, BoE decision

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