BATAVIA, NY – A top-prize-winning TAKE 5 ticket worth $28,737.50 was sold in Batavia for the February 23 evening drawing, according to the New York Lottery. The winning ticket was purchased at…
NEW YORK – Bank of America Chief Executive Officer Brian Moynihan said the bank’s capital markets business “is down” so far in 2022, even as the investment bank continues to see a…
LONDON – Financing conditions have tightened for emerging markets both domestically and externally but they are better prepared to handle the U.S. Federal Reserve’s upcoming monetary tightening policy cycle, ratings agency S&P…
JAKARTA – Emerging markets will be able to weather global monetary tightening, including U.S. rate hikes, “much better” this year compared with previous periods of tightening, Indonesia’s central bank Governor Perry Warjiyo…
By Mike Dolan LONDON – Whether emerging economies have already done enough to pre-empt the global central bank tightening cycle may dictate whether investors in them can escape yet another dire decade.…
By Francesco Canepa FRANKFURT – As guardians of stability in prices and financial markets, the last word central bankers want to be associated with is “panic”. Yet that is precisely the term…
By Nina Chestney LONDON – The value of traded global markets for carbon dioxide (CO2) permits grew by 164% to a record 760 billion euros ($851 billion) last year, analysts at Refinitiv…
By David Randall and Davide Barbuscia NEW YORK – The Federal Reserve’s hawkish shift is bolstering the case for investors looking to trim risk from their portfolios, as the U.S. central bank…
– Online trading platform CMC Markets Plc said on Wednesday its amount of client money and assets under administration in the third quarter remained close to record highs, and reiterated its annual…
LONDON – High valuations and one of the strongest recoveries from a bear market in history have left equities vulnerable to a correction but the recent fall is not indicative that markets…
Stock markets broke their single-day record for volatility Monday, having the largest turnaround in 13 years, multiple sources reported. The Dow Jones Industrial Average dropped over 1,000 points Monday before spiking up…
By Karin Strohecker LONDON – A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region’s sovereign dollar bonds…
By Huw Jones LONDON – Gamification has introduced a new generation of retail investors to financial markets who may not be aware there are few protections in assets like cryptocurrencies, the European…
By Saqib Iqbal Ahmed, Maiya Keidan and David Randall NEW YORK – Wild swings in stocks are testing the resolve of investors employing one of Wall Street’s most popular strategies: buying the…
By Gertrude Chavez-Dreyfuss NEW YORK – Worries over a more hawkish Federal Reserve are roiling asset markets around the globe, and this week’s monetary policy meeting may offer insight into how aggressive…
By Howard Schneider WASHINGTON – The Federal Reserve may not raise interest rates until March, but officials’ tougher language about inflation is already kicking in, with borrowing costs rising for everyone from…
NatWest Markets Plc (NatWest), a London, U.K.-based global banking and financial services firm, pleaded guilty today to various fraud schemes in the markets for U.S. Treasury securities and futures contracts. NatWest pleaded…
NatWest Markets Plc (NatWest), a London, U.K.-based global banking and financial services firm, pleaded guilty today to various fraud schemes in the markets for U.S. Treasury securities and futures contracts. NatWest pleaded…
Leonard C Boyle, Acting United States Attorney for the District of Connecticut, announced that EDDY ANTONIO TORRES MOREL, 51, of Meriden, was sentenced today by U.S. District Judge Michael P. Shea in…