Global

(Reuters) – Rising concerns of a recession following weaker economic data and expectations the Fed will keep hiking rates to tame inflation led to outflows from global equity funds in …

By Matthew Chye (Reuters) – Chile’s President Gabriel Boric announced on Thursday he would nationalise the country’s vast lithium industry to boost the economy and protect the environment. The shock …

PARIS (Reuters) – The global wine trade reached record-high value last year, supported by a sharp rise in prices, but the amount of wine sold fell due to weaker demand …

DAVID BLACKMON: There’s A Massive Obstacle Standing Between Global Elites And Their Green Energy Utopia David Blackmon on April 18, 2023 In a Wall Street Journal op-ed published last week, …

A look at the day ahead in U.S. and global markets from Mike Dolan With investors largely assuming recession ahead, an accelerating global economic pulse challenges the narrative and is …

(Reuters) – Global investors were big buyers in money market funds for a seventh straight period in the week to April 12 after a strong U.S. jobs report heightened expectations …

LONDON (Reuters) – The G20’s financial watchdog on Thursday recommended a blueprint for banks to report cyberattacks in a common format in a bid to speed up responses to hacking …

By Andrea Shalal WASHINGTON (Reuters) – The U.S. banking system remains strong and resilient, but American officials will continue working with foreign counterparts to bolster financial resilience after recent bank …

(Reuters) – Global money market funds continued to attract strong inflows in cautious trade in the week ended April 5 as a raft of economic data during the week signalled …

By Michael S. Derby NEW YORK (Reuters) – International supply chain stress continued to ease last month, the Federal Reserve Bank of New York said on Thursday, in data that …

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the global economy faced increased downside risks following recent bank failures in Switzerland and United States that …

By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace of interest rate hikes by major developed and emerging market central banks continued at a healthy clip in March …

BEIJING (Reuters) – China’s top lenders should enhance risk management practices and be more sensitive to macroeconomic fluctuations, senior Chinese banking officials said, in response to a global banking sector …

By Selena Li and Kane Wu HONG KONG/SHANGHAI (Reuters) – A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial …

(Reuters) – Global money market funds continued to attract big inflows in the week ended March 29, as investors chased safer assets amid lingering worries over the turmoil in the …

By Pablo Mayo Cerqueiro, Echo Wang and Elisa Anzolin LONDON/NEW YORK (Reuters) – A banking crisis and worries of a recession have dampened the outlook for initial public offerings (IPOs) …

(Reuters) – Citigroup equity strategists flagged a likely 5% contraction in global profits this year as turmoil in the banking sector raises the risk of a recession. Financial markets have …

(Reuters) – Short sellers made $14.3 billion in paper profit from their bearish bets on global banking stocks in March, according to analytics firm S3 Partners, as the collapse of U.S. …

By Marc Jones LONDON (Reuters) – The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed Credit Default Swaps amid concerns about the role they …

TOKYO (Reuters) – Toyota Motor Corp said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-induced parts shortages, adding …

(Reuters) – Media company Warner Music Group Corp said on Wednesday it will layoff 4% of its workforce, or 270 employees, globally and cut down discretionary spending in the near …

By Rozanna Latiff KUALA LUMPUR (Reuters) – Malaysia’s central bank on Wednesday maintained its economic growth forecast for 2023 at 4% to 5%, saying that improved domestic conditions will likely …