‘Snowball’ derivatives feed China’s stock market avalanche
By Li Gu and Vidya Ranganathan SHANGHAI (Reuters) – China’s plunging stock market is leading to losses on billions of dollars worth of derivatives linked to the country’s equity indexes,…
By Li Gu and Vidya Ranganathan SHANGHAI (Reuters) – China’s plunging stock market is leading to losses on billions of dollars worth of derivatives linked to the country’s equity indexes,…
(Reuters) – Chinese shares rebounded on Tuesday on a Bloomberg News report that said Chinese authorities are considering several measures to bolster the stock market. Policymakers are seeking to mobilise…
SAO PAULO (Reuters) – LATAM Airlines widened its advantage last year as the market leader among companies flying domestically and internationally in Brazil, data from Brazilian regulator Anac showed on…
BEIJING (Reuters) – China will take more forceful and effective measures to support market confidence, state media CCTV reported on Monday, citing a cabinet meeting, following a plunge in Chinese…
By Stella Qiu SYDNEY (Reuters) – Australian employment fell sharply in December after two months of surprisingly strong growth, while the jobless rate stayed at a 1-1/2 year high, adding…
By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) – OPEC may need to cut production further to keep oil prices at current levels in the face of stuttering demand growth and high…
PHILADELPHIA, PA – The Northwest Detective Division of the Philadelphia Police Department (PPD) is actively searching for a suspect involved in a recent armed robbery. The incident occurred on January…
By Wa Lone TORONTO (Reuters) – Canada’s planned curbs on work by international students could spark shortages of temporary workers in food services and retail industries as employers are wrestling…
By Akash Sriram and Nathan Gomes (Reuters) – Electric vehicles were already considered expensive and hard to repair. Now their image could take another hit as rental giant Hertz dumps…
HONG KONG (Reuters) – China’s largest private property developer, Country Garden, <2007.HK> expects the property market will remain weak in 2024 and the company could face more, “severe” challenges, its…
(Reuters) – Microsoft has eclipsed Apple to become the world’s largest company by market capitalization, driven by its deep focus on generative artificial intelligence (AI), a sector that has garnered…
By Suban Abdulla LONDON (Reuters) – Average asking prices for British homes made the strongest start to the year since 2020, according to a Rightmove survey on Monday that added…
(Reuters) – Global investors accumulated money market funds for a third straight week in the seven days to Jan. 10, while pulling back from equity funds, as they favoured safer…
A look at the day ahead in U.S. and global markets from Mike Dolan If the aggressive interest rate easing markets have priced for 2024 is to ring true –…
By Howard Schneider WASHINGTON (Reuters) – The slide in inflation that gathered pace at the end of 2023 has begun shifting attention at the U.S. Federal Reserve to the health…
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – Volkswagen Group and Toyota Motor saw their share of the world’s largest auto market shrink last year, industry data showed on…
(Reuters) – Growth in the global electric-vehicle market is set to slow to 27.1% this year as a reduction in state subsidies makes the cars less appealing to buyers, according…
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. government shutdown angst resurfacing, this weekend’s Taiwan election in view, fourth-quarter earnings looming again…
By Howard Schneider WASHINGTON (Reuters) – The U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so…
By William Schomberg LONDON (Reuters) – British employers raised pay and recovered some of their appetite for hiring in December, according to a survey that the Bank of England may…
By Lewis Krauskopf NEW YORK (Reuters) – Investors’ hopes are running high to start 2024, which could set up U.S. stocks for a rocky stretch if some expectations are not…
(Reuters) – The latest government data on Friday showed the U.S. added 216,000 jobs in December, as the labor market settles back towards more normal levels following almost four years…
(Reuters) – U.S. investors reduced holdings in equity funds, shifting to money market funds amid caution before key payroll reports, as a stock market rally eased and they awaited further…
(Reuters) – Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of key U.S. employment reports which…
A look at the day ahead in European and global markets from Kevin Buckland Global stocks extended 2024’s weak start into Thursday, exacerbated by Japan’s return from an extended New…