India’s RBI intervening in NDF market, monitoring rupee positions – traders
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India has been selling dollars in the non-deliverable forward (NDF) market via local banks based …
Market
European car market to contract 1% in 2022, ACEA forecasts
BERLIN (Reuters) – The European Union’s car market is on track to shrink this year, the European Automobile Manufacturers Association (ACEA) said on Friday, forecasting …
Morgan Stanley sees tighter oil market ahead, ups Q1 forecasts
(Reuters) – Morgan Stanley raised its oil price forecast for the first quarter of 2023, and predicted tight supply going forward due to a steep …
Airbus: aircraft services market to recover to pre-pandemic level by end-2023
PARIS (Reuters) – The aircraft services market will recover to its pre-pandemic level by the end of 2023 and double in value over the next …
Report shows Manhattan real estate sales fell by 18%
John Hugh DeMastri NEW YORK, NY – Apartment sales in Manhattan fell by 18% in the third quarter as increased prices and higher mortgages put …
Philippine central bank says ready to manage market disruption as peso slumps
MANILA (Reuters) – The Philippine central bank said on Tuesday it was taking steps to manage any disruption in the financial market, and urged participants …
Exclusive-UK gilt market resilient despite ‘major repricing’ – debt office head
By David Milliken LONDON (Reuters) – Britain’s bond market is undergoing “a major repricing”, but should comfortably absorb the extra 62 billion pounds ($69 billion) …
Analysis-Credit Suisse’s turnaround just got a lot tougher as market reels
By Oliver Hirt and Carolina Mandl ZURICH/NEW YORK (Reuters) – Swiss lender Credit Suisse Group AG, battered by scandals and losses, is racing through a …
A market sweet spot?
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Whisper it, but markets may be in something of a sweet …
Japan warns market fluctuations could impact economy
By Daniel Leussink TOKYO (Reuters) – Japan’s government on Friday warned that attention should be paid to any possible impact of financial market fluctuations on …
Temasek to step up investments once market valuations drop further, executive says
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s Temasek Holdings said that market valuations had not yet priced in a global economic recession and that said …
ANTONI: America’s Housing Market Is In Trouble. Here’s What To Expect Next
ANTONI: America’s Housing Market Is In Trouble. Here’s What To Expect Next E.J. Antoni on September 29, 2022 Which direction is the housing market …
Rush Bowls Further Expands Brand Presence in Home Market
Pioneer in Blended Fruit Bowls Announces a Multitude of New Colorado Area Locations Denver, CO (PRESS RELEASE) Rush Bowls – the fast-casual concept known for …
Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout
By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minister, Kwasi Kwarteng hoped to take down finance ministry groupthink …
Fed’s Evans: Market volatility can create restrictiveness
By Dhara Ranasinghe and Jorgelina do Rosario LONDON (Reuters) – Federal Reserve Bank of Chicago President Charles Evans said on Wednesday that volatility in markets …
PIMCO CIO says UK market chaos not systemic but will have global impact
(Corrects name of conference to Delivering Alpha in first paragraph) WASHINGTON (Reuters) – The collapse of the British pound and subsequent sell off in the …
UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic growth threaten to …
Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British assets has jolted world …
Pound drops more than 1% as Bank of England steps into bond market
By Harry Robertson LONDON (Reuters) -Sterling fell more than 1% against the dollar and euro on Wednesday after the Bank of England said it would …
UK lenders pull mortgages at record rate as market chaos worsens
LONDON (Reuters) – A record 935 mortgage products were pulled in Britain overnight, financial services provider Moneyfacts said on Wednesday, as deepening turmoil in financial …
Green gold: Mexican avocados, beloved in U.S., fuel multi-billion dollar market
By Cassandra Garrison MEXICO CITY (Reuters) – Hass avocado imports from Mexico, the main ingredient of guacamole – a favorite Super Bowl snack – are …
China says stabilising FX market is top priority, warns against ‘gambling’
SHANGHAI (Reuters) – China’s central bank said on Wednesday that stabilising the foreign exchange market is the top priority, after the yuan weakened to its …
Door slams on Fed ‘put’ as market pain takes back seat to inflation fight
By Howard Schneider WASHINGTON (Reuters) – In the month since Federal Reserve Chair Jerome Powell laid down a hard line on inflation, stocks have suffered …
Options activity hints U.S. stock market has not reached bottom- Barclays
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options trading activity does not yet hint at a bottom in U.S. stocks, Barclays derivatives strategists said …
Tattered UK gilt market stages tentative comeback
By Andy Bruce LONDON (Reuters) – British government bond prices recovered partially on Tuesday from the historic plunges of previous days when investors unloaded sterling …
Stellantis and Uber join forces on electric vehicles market in France
PARIS (Reuters) – Carmaker Stellantis and Uber announced a partnership along with the company Free2Move to focus on the French electric vehicles market. The companies …
Battling market forces, BOJ conducts special operation to curb rising yields
By Kevin Buckland TOKYO (Reuters) – The Bank of Japan said it would purchase Japanese government bonds in a special operation on Tuesday, with the …
Gas crisis lands LNG cargo market in hands of energy giants
By Marwa Rashad and Chen Aizhu LONDON/SINGAPORE (Reuters) – Rocketing LNG cargo prices have squeezed out dozens of smaller traders, concentrating the business in the …
Three Men Charged with International Market Manipulation Scheme
NEWARK, N.J. – An indictment unsealed today charges three men with orchestrating a large-scale market manipulation scheme related to two publicly traded companies, U.S. Attorney …
The Dow is in a bear market. What does that mean?
(Reuters) – The Dow Jones Industrial Average, the oldest of Wall Street’s three main stock indexes, dropped 1.1% on Monday, extending the decline from its …
Market chaos forces UK lenders to pull mortgage products
By Andy Bruce LONDON (Reuters) -Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a …
Indonesia central bank remains in FX market to prevent excessive rupiah fall – official
JAKARTA (Reuters) – Indonesia’s central bank is always in the foreign market with its “triple intervention” measures to prevent any excessive fall in the rupiah …
UK market meltdown? Nothing to see here, Treasury minister says
LONDON (Reuters) – Britain’s deputy finance minister on Saturday played down a historic collapse in the pound and government bonds in response to the country’s …
Market split on Colombia central bank’s next rate decision
By Nelson Bocanegra BOGOTA (Reuters) – Analysts are split between those who expect Colombia’s central bank to moderately raise its benchmark interest rate next week …
Modern Market Eatery Inks First Franchise Agreement
Multi-brand Thrive Restaurant Group plans to expand to 11 new markets with a 41-unit development deal Denver, CO (PRESS RELEASE) Modern Market Eatery, a made-from-scratch …
New China ETFs test investor appetite amid Sino-U.S. tech war, market rout
SHANGHAI (Reuters) – Five Chinese tech-focused ETFs launched on Friday, testing investor appetite for chipmakers, new materials producers and machine tool manufacturers amid an escalating …
Explainer-Japan intervenes in the currency market, now what?
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan intervened in the currency market on Thursday to buy yen for the first time since …
Yen jumps as Japan intervenes in currency market for first time since 1998
LONDON (Reuters) – The Japanese yen rose sharply against the dollar on Thursday after Japanese authorities intervened in the forex market for the first time …
Japan ‘most certainly’ will intervene in FX market if needed -top FX diplomat
TOKYO (Reuters) – Japan has not intervened in the currency market yet but will “most certainly” do so when necessary, the country’s top currency diplomat, …
Fed’s Powell: U.S. housing market headed for ‘correction’
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the U.S. housing market will probably go through a “correction” after a period of “red …
Brazil’s Atlas ‘superfoods’ business bolstered by capital market incursion
By Ana Mano SAO PAULO (Reuters) – Privately owned grain trader Atlas has raised 100 million reais ($19.39 million) in the local capital market so …
Julius Baer enters onshore China market with GROW partnership
ZURICH (Reuters) -Julius Baer is making a low-double-digit-million dollar equity investment in GROW, a China-based domestic asset management company, as part of a strategic alliance, …
China’s Nio takes on BMW, Mercedes in home market with flexible battery plan
SHANGHAI (Reuters) – Chinese electric-car startup Nio is looking to grab a share of Europe’s growing market for electric vehicles by rolling out a battery …
Chinese buyers snap up luxury homes as ‘hard currency’ in soft property market
BEIJING (Reuters) – In the southern Chinese city of Shenzhen, where the real estate sector has slowed, luxury property is bucking the downtrend, the official …
China securities regulator approves first batch of market makers for STAR market
(This Sep. 17 story has been refiled to show that market makers were approved for STAR Market in headline) SHANGHAI (Reuters) – (This Sep. 17 …
Jackson Township: Expansion of Alcoholic Beverage License for Glory’s Market
JACKSON TOWNSHIP, NJ – An application has been submitted to the Township of Jackson by Glory’s Market Inc. to expand the existing liquor store’s plenary …
Ukraine’s Zelenskiy thanks Nike for leaving Russia market
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Friday he had spoken to Nike Inc and thanked the U.S. sportswear maker for making what he …
LA’s Weed Black Market Is Booming In Plain Sight
LA’s Weed Black Market Is Booming In Plain Sight Bronson Winslow on September 14, 2022 A recent influx of unlicensed dispensaries, subject to minimal punishments, …
U.S. tech-focused hedge funds brace for heavy losses amid market slide
By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – U.S. hedge funds that focus broadly on technology investments are bracing for heavy losses this …
Japan will act ‘swiftly’ if it intervenes in FX market – Finance Minister
TOKYO (Reuters) – Japanese authorities will act “swiftly without any interruption” if they decide to intervene in the currency market to stem sharp yen falls, …