Exclusive-China’s state banks told to stock up for yuan intervention-sources
By Julie Zhu HONG KONG (Reuters) -China’s central bank has asked major state-owned banks to be prepared to sell dollars for the local unit in offshore markets as it steps…
By Julie Zhu HONG KONG (Reuters) -China’s central bank has asked major state-owned banks to be prepared to sell dollars for the local unit in offshore markets as it steps…
By David Shepardson (Reuters) – Labor unions and some U.S. lawmakers are pressing airlines not to resume stock buybacks after a COVID assistance prohibition expires this week. Representative Peter DeFazio,…
LONDON (Reuters) -London Stock Exchange Group told market participants on Wednesday not to use its systems for transactions that could breach financial sanctions imposed on Russia following its invasion of…
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 on Tuesday, rebutting speculation among…
(Corrects to about 20 months in the third paragraph, not 23 months) BEIJING (Reuters) -The stock of new homes in small Chinese cities hit its highest since 2019 as of…
‘Legalized Corruption’: Democrats’ Delay On Stock Trading Ban Is ‘Disappointing,’ Watchdogs Say Gabe Kaminsky on September 18, 2022 Senate Democrats’ move to delay a bill banning members of Congress from…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors’ anxiety about stock market turbulence is fast approaching levels associated with heightened fear as the S&P 500 looks set to wrap…
Democrats Are Delaying A Stock Trading Ban Until After Midterms Gabe Kaminsky on September 15, 2022 Democratic senators will not put forth legislation banning members of Congress from trading stocks…
By Lewis Krauskopf NEW YORK (Reuters) – Another source of potential stock market volatility looms in an already tough year for Wall Street: an approaching midterm U.S. elections that will…
By Maximilian Heath BUENOS AIRES (Reuters) – Argentine soy farmers who hold onto stock of more than 5% of their production will face an elevated financing cost above the normal…
By Carolina Pulice MEXICO CITY (Reuters) – Mexico’s government and financial institutions will propose a bill this month to change current rules, aiming to attract companies to the country’s stock…
Sen. Richard Burr’s ‘Well-Timed Stock Sales’ Helped Him Avoid Thousands In Losses, Unsealed Affidavit Says Gabe Kaminsky on September 7, 2022 Sen. Richard Burr’s “well-timed stock sales” prior to the…
MEXICO CITY (Reuters) – Mexico’s main stock index slid into a bear market Wednesday, falling to hit a 20% drop from its all-time closing high on April 1. The benchmark…
By Nell Mackenzie (Reuters) – Hedge funds that actively buy and sell stocks are set for their worst performance in 10 years, based on new data from Preqin, suggesting that…
(Reuters) – Nikola Corp said on Tuesday it may sell shares to raise up to $400 million, as the electric truck maker looks to ramp up production amid rising costs.…
SEOUL (Reuters) – South Korea’s financial regulator has launched an inspection into short selling of shares by major brokerages and branches of foreign firms as part of efforts to tighten…
By Carolina Pulice and Kylie Madry MEXICO CITY (Reuters) – Mexican brokerage Monex has become the latest in a stream of companies delisting from Mexico’s stock exchange, underscoring the struggles…
MOSCOW (Reuters) – Moscow Exchange plans to relaunch the evening session on its stock market in September, the head of its stock market department said on Thursday, as Russia’s largest…
(Reuters) – Revolution Beauty Group said on Friday trading in its shares will be suspended from Sept. 1 as the beauty products maker does not expect to release its 2022…
FRANKFURT (Reuters) – Sanofi’s finance chief said on Wednesday that a decline in the French company’s share price in response to litigation threats and a cancer drug development setback was…
By Lewis Krauskopf NEW YORK (Reuters) – Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks but some investors are pointing to potential risks ahead for profits that…
By David Randall NEW YORK – Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the 2008 financial crisis, in the…
Five Chinese Companies Leave NY Stock Exchange — Here’s Why More Could Follow John Hugh DeMastri on August 12, 2022 Five state-owned Chinese companies announced that they would delist from…
By Saqib Iqbal Ahmed NEW YORK – Some stock market bulls are watching a technical indicator for clues on whether a summer rebound in U.S. equities will roll on. The…
Elon Musk Sells Billions In Tesla Stock To Subsidize Potential Twitter Purchase John Hugh DeMastri on August 10, 2022 Elon Musk, Chief Executive Officer of Tesla, recently sold $6.9 billion in Tesla stock…