Financial News

By Hari Kishan BENGALURU (Reuters) – A runaway surge in global house prices is drawing to a close as interest rates rise along with the cost of living, according to …

TOKYO (Reuters) – Japan’s real wages extended their slide to a fourth straight month in July, government data showed on Tuesday, as the biggest jump in consumer prices in more …

By Huw Jones LONDON (Reuters) – HSBC, its online arm First Direct, and Metro Bank have joined a fraud-reporting hotline as the cost of living crisis increases the number of …

By Humza Jilani LONDON (Reuters) – British shoppers are cutting back on purchases of clothes and other non-essential items as they try to cover their sky-rocketing utility bills and higher …

SHANGHAI (Reuters) -China’s central bank said on Monday it will cut the amount of foreign exchange reserves that financial institutions must hold, a move seen as aimed at slowing the …

By Jan Schwartz and Emma-Victoria Farr HAMBURG/FRANKFURT (Reuters) -Volkswagen on Monday announced its intention to float sports car brand Porsche, triggering what could become one of the world’s largest listings …

FRANKFURT (Reuters) – Volkswagen announced its intention to float sportscar maker Porsche on Monday, marking a new phase in a sometimes fraught relationship between the two leading auto brands that …

NEW YORK (Reuters) – CVS Health Corp on Monday agreed to buy home healthcare services company Signify Health for about $8 billion in cash, a move that will enable one …

(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever An expected interest rate hike in Australia is the main macro and market event in Asia …

ZURICH (Reuters) – Credit Suisse will expand in Qatar via a partnership with the Gulf country’s Investment Promotion Agency (IPA Qatar), the Swiss bank said on Monday. It will create …

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hike the country’s interest rate as early as this week, a source said, after the economy ministry …

By Susanna Twidale and Nora Buli LONDON/OSLO (Reuters) -European gas prices surged, stocks slid and the euro sank on Monday after Russia halted gas flows via a major pipeline, sending …

MOSCOW (Reuters) – Russian gas giant Gazprom said on Monday it had received a formal warning from Russian regulators that the idled Portovaya compressor station, which is supposed to push …

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels per day to bolster prices. …

By Bansari Mayur Kamdar and Johann M Cherian (Reuters) -UK’s FTSE 100 index ended slightly higher on Monday as commodity stocks gained, while investors looked ahead to the appointment of …

By Alex Lawler, Ahmad Ghaddar and Maha El Dahan LONDON (Reuters) – OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices …

By Marie Mannes Philip Morris is considering lowering the acceptance threshold on its bid for Swedish Match, Bloomberg News reported on Monday, citing people familiar with the matter. According to …

By Jonathan Cable LONDON (Reuters) – The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook …

By Joori Roh SEOUL (Reuters) -South Korea raised its typhoon-alert to its highest level on Monday as approaching Typhoon Hinnamnor forced flight cancellations, the suspension of some business operations and …

By Anna Ringstrom STOCKHOLM (Reuters) -Liquidity guarantees promised by Sweden and Finland to shore up the Nordic power derivatives market will support orderly trading at a time of extreme uncertainty, …

MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Monday he will hold a meeting with his cabinet members to strengthen the country’s anti-inflation plan, as financial …

By Elizabeth Howcroft LONDON (Reuters) -European stock indexes fell on Monday, the euro dropped below 99 cents for the first time in twenty years and European gas prices surged after …

By Foo Yun Chee BRUSSELS (Reuters) -U.S. life sciences company Illumina is in talks with European Union antitrust regulators to divest Grail ahead of an expected EU veto next week …

By Stefanno Sulaiman and Yuddy Cahya Budiman JAKARTA (Reuters) -Indonesian authorities were on Monday bracing for mass protests after an unpopular hike in fuel prices, a move the government said …

BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan to spend 65 billion euros ($64.49 billion) on shielding energy …