U.S. high-yield bond funds draw cash as recession fears ebb
By Patturaja Murugaboopathy (Reuters) – U.S high-yield bond funds are attracting heavy investments, a turnaround from the selloffs of the first half of this year, as investors bet that the…
By Patturaja Murugaboopathy (Reuters) – U.S high-yield bond funds are attracting heavy investments, a turnaround from the selloffs of the first half of this year, as investors bet that the…
By Fergal Smith TORONTO – Analysts expect the Canadian dollar to rally over the coming year, betting the threat of recession will ease as the U.S. Federal Reserve and the…
By Fergal Smith TORONTO – The Canadian dollar strengthened against the greenback on Wednesday as worries about a possible recession eased following encouraging economic data from the United States, Canada’s…
By Dhara Ranasinghe LONDON – One day you’re out and the next day you’re in: the world’s battered sovereign bond markets are back in favour as global recession fears mount.…
By Joseph White DETROIT – General Motors Co and Ford Motor Co are about to replay a script they have played out many times before – trying to convince investors…
Biden Administration Stonewalls Ukrainian Drone Request Over Fears Tech Might Be Lost John Hugh DeMastri on July 22, 2022 A Ukrainian request for four drones has been in limbo for…
Major US Bank Sees Profits Nosedive As Recession Fears Grow Jack McEvoy on July 14, 2022 JPMorgan Chase, the largest U.S. bank, announced a 28% decline in its second-quarter profits…
By Sinéad Carew (Reuters) – Investors are bracing for a fresh slide in banking stocks, with fears of a hit from a potential recession outweighing the lure of relatively cheap…
By Saqib Iqbal Ahmed NEW YORK – A cocktail of global growth fears, Federal Reserve hawkishness and euro weakness has boosted the U.S. dollar to its highest level in around…
FRANKFURT – Top bankers in Germany voiced concerns on Monday about risks facing Europe’s largest economy as worries grow about a looming gas crisis. Germany, which is largely dependent on…
(Reuters) – Global equity funds faced outflows in the week to June 29, as recession fears crept higher, with major central banks looking keen to raise interest rates further to…
By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s June exports grew at their slowest pace in over 1-1/2 years as soaring inflation saps offshore demand for Korean goods, widening…
By Rahul Paswan (Reuters) – Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a…
By Balazs Koranyi and Francesco Canepa SINTRA, Portugal – European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital and…
‘Dismantling The Federal Government’: Hillary Clinton Stokes Liberals’ Worst Fears About SCOTUS Harold Hutchison on June 28, 2022 Former Secretary of State Hillary Clinton claimed that the Supreme Court inflicted…
By Marc Jones LONDON – Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. The…
(Reuters) – Global investors withdrew big money out of equity and bond funds in the week ended June 15, on elevated concerns over rising inflation levels and chances of an…
Larry Summers Puts Janet Yellen On Blast For Dismissing Recession Fears Harold Hutchison on June 13, 2022 Former Treasury Secretary Larry Summers criticized Treasury Secretary Janet Yellen on CNN Sunday…
By Mehnaz Yasmin and Davide Barbuscia (Reuters) – U.S. corporate bonds were pummeled on Monday as expectations of an aggressive rate hiking cycle, following hotter-than-anticipated inflation data last week, intensified…
By Valentina Consiglio and Gavin Jones ROME -Italian industrial output was much stronger than expected in April, rising 1.6% from the month before after a 0.2% gain in March, data…
SHANGHAI – Beijing’s mandate to aid virus-hit sectors has left China’s banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash by…
China Fears US Military Is Secretly Training Taiwanese Forces For War Of Attrition Philip Lenczycki on June 1, 2022 Chinese state-run media alleged that the U.S. intends to covertly train…
(Reuters) – Flagging escalating fears it may default on some corporate debt, Russian e-commerce player Ozon said it has increased its capital expenditure and seen free cash flow turn negative…
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY – Brazilian stocks will rise less than previously expected this year as fears over October’s presidential vote tarnish the outlook for…
By Gopal Sharma KATHMANDU – Nepal’s state-owned oil company has hiked the retail prices for fuels, including petrol and cooking gas, by up to 12.5% because of rising global oil…