By Jorgelina do Rosario WASHINGTON (Reuters) – There’s little relief in sight for a host of developing nations from Egypt to Malawi and from Pakistan to Ecuador, all of whom …
Markets
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(Reuters) – Federal Reserve policymakers have pushed back on the idea that U.S. financial market stress is anywhere near the point of requiring their intervention as is happening in Britain, …
- US and World News
Betting on flexibility, China’s Nio will only rent cars in new EU markets
by Reutersby ReutersBy Victoria Waldersee BERLIN (Reuters) – Chinese electric vehicle maker Nio will only lease its cars when it launches in four European markets this year, its CEO told Reuters on …
- US and World News
Analysis-Global metals volumes slide on recession fears, volatile markets
by Reutersby ReutersBy Eric Onstad and Mai Nguyen LONDON/HANOI (Reuters) – Industrial metal trading volumes have fallen across the world and may slide further as economic threats from higher interest rates to …
- US and World News
Global gas markets to remain tight next year amid supply squeeze-IEA
by Reutersby ReutersBy Nina Chestney LONDON (Reuters) – Global gas markets are expected to remain tight next year as Russian pipeline gas supplies dwindle and gas demand falls in Europe in response …
- US and World News
Capital outflows likely ‘temporary’, Taiwan can keep markets stable-Finance Minister
by Reutersby ReutersBy Karen Lema MANILA (Reuters) – Capital outflows are a “temporary phenomenon” and Taiwan, with its foreign currency reserves, has enough capacity to maintain its financial markets stable, Finance Minister …
- US and World News
Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets
by Reutersby ReutersBy Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welcome boost to a battered pipeline of share sales but the deal …
- US and World News
Column-Next solar expansion drive needs to hit higher potential markets: Maguire
by Reutersby ReutersBy Gavin Maguire LITTLETON, Colo. (Reuters) – Solar power has outpaced wind power over the last five years in terms of global capacity additions, notching up a more than 200% …
- US and World News
French drugmaker Sanofi expects positive boost from currency markets in Q3
by Reutersby ReutersPARIS (Reuters) -French drugmaker Sanofi said it expected a positive boost to its third-quarter business results from movements on the currency markets, helped by the strength of the U.S. dollar …
- US and World News
China seeks to steady markets ahead of Communist Party Congress – sources
by Reutersby ReutersSHANGHAI (Reuters) -China’s securities regulators recently told some fund managers and brokers to avoid massive share sales ahead of next month’s Communist Party Congress, in an effort to avoid big …
- US and World News
Italy’s right-wing bloc wins election: five questions for markets
by Reutersby ReutersMILAN/LONDON (Reuters) – Italy’s right-wing bloc should have a solid majority in both houses of parliament following Sunday’s election, potentially giving the country a rare chance of political stability after …
- US and World News
BoE needs to hike rates next week to calm markets – Deutsche Bank analyst
by Reutersby ReutersLONDON (Reuters) – Britain’s central bank needs to make a big inter-meeting interest rate hike as early as next week to calm markets and restore credibility, a Deutsche Bank analyst …
- US and World News
Analysis-Credit markets see less risk of recession, earnings may challenge that
by Reutersby ReutersBy Karen Brettell (Reuters) – U.S. high-yield corporate debt markets may be underpricing for the risk of a recession even as Treasuries and macroeconomic indicators reflect rising growth fears, but …
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TOKYO (Reuters) – Japan intervened in the currency market on Thursday for the first time since 1998 to shore up the battered yen, in the wake of the central bank’s …
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A look at the day ahead in European and global markets from Anshuman Daga No pain, no gain. That seems to be message from the Fed as it gave sobering …
- US and World News
Once-bitten markets are ignoring Putin’s warnings again at their own peril
by Reutersby ReutersBy Dhara Ranasinghe and John O’Donnell LONDON (Reuters) – Earlier this year, markets were complacent as Russia massed troops on the Ukraine border. Now, they’re once again largely shrugging off …
- US and World News
UniCredit focused on “internal delivery”, open to M&A in all its markets
by Reutersby ReutersROME (Reuters) – UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&A opportunities in all the markets where it operates, CEO …
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By Huw Jones LONDON (Reuters) – Halving settlement time for stock trades in Europe to one business day would be “challenging” and needs full analysis by regulators before any decision …
- US and World News
Italy’s right-wing bloc set for election win: five questions for markets
by Reutersby ReutersMILAN (Reuters) – Italy’s right-wing bloc looks set to win a majority in both houses of parliament in next Sunday’s election, at a time when soaring energy prices and rising …
- US and World News
Monte dei Paschi investors back latest cash call in stormy markets
by Reutersby ReutersBy Silvia Ognibene and Valentina Za SIENA, Italy (Reuters) -Shareholders in Monte dei Paschi di Siena (MPS) on Thursday approved a new share sale for up to 2.5 billion euros …
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TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei website reported on Wednesday, citing unidentified sources, as policymakers stepped …
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By Ruhi Soni and Ankit Kumar (Reuters) – Seeds and pesticides company Corteva Inc on Tuesday announced plans to exit about 35 countries and lay off roughly 5% of its …
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By Ahmad Ghaddar LONDON (Reuters) – Crude oil refining capacity has shrunk by a record 3.8 million barrels per day from March 2020 to mid-2022 as demand expanded, setting the …
- Financial News
Markets to fall further as econ fundamentals worse than 2007, says GMO’s Grantham
by Reutersby ReutersBy Lisa Pauline Mattackal (Reuters) – Financial markets should brace for further pain, with global economic health at its most precarious level in years, due to stubborn inflation, hawkish central …
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SEOUL (Reuters) -South Korea’s finance minister said on Monday that the authorities would take action in a pre-emptive manner if necessary to stabilise local financial markets, where volatility has increased …