By Nivedita Balu TORONTO (Reuters) – In a tough year for Canadian banks, shares in mid-sized lender EQB Inc jumped more than 50% on solid earnings growth, making it the …
hopes
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(Reuters) – Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed U.S. inflation cooled further in November, cementing expectations that the Federal Reserve would …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors seem more confident than ever that the U.S. economy is gliding towards the hallowed ‘soft …
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TRENTON, NJ – Senator Jim Beach introduced new legislation in the New Jersey Senate aimed at combating anti-Semitism and encouraging the reporting of bias-related crimes. This move comes amidst a …
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MIsc. News
Analysis-Wall Street hopes for relief on Treasury dealer rule after pushback
by Reutersby ReutersBy Carolina Mandl NEW YORK (Reuters) – Asset managers, insurers and pension funds are pushing to soften a proposed rule aimed at enhancing U.S. Treasury market stability which could require …
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By Gilles Guillaume PARIS (Reuters) – Renault hopes it can lift the curse of its negative value next year thanks to the creation of two specialised businesses, Ampere and Horse, …
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By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick (Reuters) – A stellar rally in equities and bonds suggests market confidence is high for the world economy to reach a soft …
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BEIRUT (Reuters) – A senior Hezbollah politician said on Tuesday he hoped a truce would continue and his Iran-backed group had started paying compensation to people who had suffered losses …
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By Bansari Mayur Kamdar (Reuters) – An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong quarterly results …
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MIsc. News
Global equity funds attract inflows on hopes for end to Fed rate rises
by Reutersby Reuters(Reuters) – Global equity funds attracted robust inflows in the seven days leading to Nov. 22, spurred by growing expectations that the U.S. Federal Reserve will stop raising interest rates …
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MIsc. News
China hopes Russia will provide policy support to Chinese auto firms – Chinese state media
by Reutersby ReutersBEIJING (Reuters) – China hopes Russia will give policy support for Chinese automobile enterprises to produce, sell and operate in Russia, Chinese state media cited China’s ambassador to Russia as …
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By Pavel Polityuk and Gus Trompiz KYIV/PARIS (Reuters) – Ukraine’s efforts to revive sea exports in defiance of Russia’s military blockade have given a glimmer of hope to a teetering …
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(Reuters) – Global equity funds saw significant inflows in the week ending Nov. 15, buoyed by investor hopes that cooler-than-expected U.S. inflation would prompt the Federal Reserve to pause interest …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets open on Wednesday with stocks, risk assets and …
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MIsc. News
Foreign investors trickle back into Asian equities on hopes of Fed rate cycle peak
by Reutersby ReutersBy Gaurav Dogra (Reuters) – Foreign investors are tiptoeing back into Asian equities in November, reversing a trend of heavy selling over the past three months, as easing concerns over …
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MIsc. News
Fed’s Cook says hopes current policy setting is adequate to settle inflation
by Reutersby ReutersWASHINGTON (Reuters) – Federal Reserve Gov. Lisa Cook said she hopes the central bank’s current target interest rate is adequate to return inflation to the Fed’s 2% target. The Fed …
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Ship shortage dealt death blow to Orsted’s NJ offshore wind hopes
by Reutersby ReutersBy Scott DiSavino (Reuters) – Danish energy firm Orsted’s shock decision to cancel two offshore wind farms off New Jersey this week was based in large part on big delays …
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MIsc. News
Pot ETFs tumble, erasing earlier rally as US legalization hopes dim
by Reutersby ReutersBy Bansari Mayur Kamdar (Reuters) – After a dizzying rally in September, exchange-traded funds tracking cannabis stocks have fallen to earth on fading hopes over pot legalization in the United …
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US and World News
EU hopes to advance talks on using Russian assets for Ukraine
by Reutersby ReutersBy Gabriela Baczynska and Julia Payne BRUSSELS (Reuters) – European Union leaders meeting later in October will demand “decisive progress” on using Russian assets frozen by sanctions to help Ukraine, …
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Business News
Analysis-Fed pivot hopes whipsaw Treasury market as investors hunt for rate peak
by Reutersby ReutersBy Davide Barbuscia NEW YORK (Reuters) – Shifting views on the Federal Reserve’s monetary policy trajectory are roiling the U.S. Treasury market, as investors gauge how close the central bank …
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US and World News
Ecuador banana heir Daniel Noboa hopes to fulfill father’s presidential dreams
by Reutersby ReutersBy Alexandra Valencia QUITO (Reuters) – Daniel Noboa, who grew up accompanying his businessman father during the latter’s five failed attempts to become president of Ecuador, is betting his employment-focused …
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Business News
Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – Even as the U.S. economy bounds along, rising interest rates on government bonds could threaten the plans of elected officials and central bankers who …
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Business News
Column-Bear steepening U.S. yield curve dashes ‘soft landing’ hopes: McGeever
by Reutersby ReutersBy Jamie McGeever ORLANDO, Florida (Reuters) – The surge in long-dated U.S. bond yields currently underway and driving the so-called ‘bear steepening’ of the yield curve will dramatically reduce the …
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By Matt Tracy (Reuters) – U.S. corporate bond spreads widened on Tuesday and are expected to widen further after the latest jobs data helped confirm many investors’ expectations of higher-for-longer …
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BEIJING (Reuters) – China hopes the United States will “do more things” conducive to Sino-U.S. dialogue, the foreign ministry said on Monday, days after Washington angered Beijing with accusations of …