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 …
Stock
Lawmakers, unions press U.S. airlines to hold off on stock buybacks
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 …
London Stock Exchange tells members to check for Russia sanctions compliance
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 …
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 …
In small Chinese cities, unsold housing stock hits highest since 2019
(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 …
‘Legalized Corruption’: Democrats’ Delay On Stock Trading Ban Is ‘Disappointing,’ Watchdogs Say
‘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 …
Wall Street’s ‘fear gauge’ creeps higher as stock sell-off deepens
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 …
Democrats Are Delaying A Stock Trading Ban Until After Midterms
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 …
Analysis-U.S. midterm elections may add more risk to shaky stock market
By Lewis Krauskopf NEW YORK (Reuters) – Another source of potential stock market volatility looms in an already tough year for Wall Street: an approaching …
Argentine soy farmers who hoard stock to face higher financing costs, central banks says
By Maximilian Heath BUENOS AIRES (Reuters) – Argentine soy farmers who hold onto stock of more than 5% of their production will face an elevated …
Mexican finance leaders plan stock exchange reform to stanch exodus
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 …
Sen. Richard Burr’s ‘Well-Timed Stock Sales’ Helped Him Avoid Thousands In Losses, Unsealed Affidavit Says
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 …
Mexico’s main stock index tips into bear market
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 …
Stock picking hedge funds poised for worst performance in 10 years
By Nell Mackenzie (Reuters) – Hedge funds that actively buy and sell stocks are set for their worst performance in 10 years, based on new …
Nikola to raise up to $400 million in stock sale
(Reuters) – Nikola Corp said on Tuesday it may sell shares to raise up to $400 million, as the electric truck maker looks to ramp …
S.Korea inspecting stock short-selling, starting with Morgan Stanley
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 …
Analysis-Mexico’s main stock exchange exodus gathers pace with Monex exit
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 …
Moscow Exchange plans to resume evening stock trading in September
MOSCOW (Reuters) – Moscow Exchange plans to relaunch the evening session on its stock market in September, the head of its stock market department said …
Revolution Beauty to suspend stock trading on accounting concerns
(Reuters) – Revolution Beauty Group said on Friday trading in its shares will be suspended from Sept. 1 as the beauty products maker does not …
Sanofi CFO says stock price pummelling grossly overdone
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 …
Analysis-As earnings support U.S. stock rebound, worries over future profits grow
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 …
‘Big Short’ fund manager Burry dumps portfolio, buys prison stock
By David Randall NEW YORK – Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the …
Five Chinese Companies Leave NY Stock Exchange — Here’s Why More Could Follow
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 …
Stock market bulls eye technical signal for further gains
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. …
Elon Musk Sells Billions In Tesla Stock To Subsidize Potential Twitter Purchase
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 …
Hedge funds post July gain on stock market rally, still down for year
NEW YORK – Hedge funds posted a 1.65% gain in July, driven by a stock market rally which helped reduce their losses for the year …
Man Sentenced to 21 Months in Prison for Stock Fraud Schemes
Assistant U. S. Attorney Aaron P. Arnzen (619) 546-8384 NEWS RELEASE SUMMARY – August 1, 2022 SAN DIEGO – Ongkaruck Sripetch was sentenced in federal …
‘We Have To Do A Thorough Investigation’: McCarthy Swipes At Pelosi Over Her Husband’s Stock Dealings
‘We Have To Do A Thorough Investigation’: McCarthy Swipes At Pelosi Over Her Husband’s Stock Dealings Gabe Kaminsky on July 29, 2022 House Minority Leader …
U.S. House Democrats to propose ban on stock trading in August – Punchbowl News
(Reuters) – U.S. House Democrats plan to announce a proposal next month to ban lawmakers, their spouses and senior staff from trading stocks, Punchbowl news …
S.Korea’s Yoon tightens scrutiny of stock short-selling
By Choonsik Yoo SEOUL – South Korea’s financial supervisory and prosecution agencies said on Thursday they would strengthen monitoring and punishment of illegal stock short-selling …
Nascent U.S. stock rally hangs in balance as Wall St awaits megacap earnings
By Lewis Krauskopf NEW YORK – Results from the four largest U.S. companies by market value highlight a busy week of corporate earnings and could …
Nancy Pelosi Flees The Podium After Being Asked About Her Husband’s Stock Trades
Nancy Pelosi Flees The Podium After Being Asked About Her Husband’s Stock Trades Gabe Kaminsky on July 21, 2022 Nancy Pelosi fled her weekly press …
Aeromexico shareholders back Mexico stock exchange exit in bankruptcy restructuring
By Kylie Madry MEXICO CITY – Aeromexico said on Tuesday that a majority of its shareholders approved a proposal to exit the main Mexican stock …
Analysis-Meme stock investors place risky bet on bankrupt Revlon being the next Hertz
By Angelique Chen and Krystal Hu (Reuters) – Even for a veteran meme stock trader like Mike Minutelli, Revlon Inc is a wild bet. The …
Factbox-The SEC’s response to the ‘meme stock’ rally
(Reuters) – A year-and-a-half after a “meme stock” rally roiled Wall Street, the U.S. Securities and Exchange Commission is considering broad changes to curb the …
Analysis: Swiss policy pivot signals exit for big stock and bond investor
By Yoruk Bahceli, Saikat Chatterjee and Tommy Wilkes LONDON – From Silicon Valley shares to U.S. and European government bonds, securities that are already under …
Latest meme stock Revlon surges more than 50% in heavy trading
By David Randall NEW YORK – Nail polish maker Revlon Inc continued its surge as the latest so-called meme stock riding a wave of retail …
Friday’s Russell rebalance may stoke more volatility in nervous stock market
By Chuck Mikolajczak NEW YORK – Investors in the volatile U.S. stock market are preparing for what may be one of the heaviest trading days …
U.S. super stock options expiry may bring short market respite
By Medha Singh (Reuters) – An unusually large quarterly expiration of U.S. stock futures and options on Friday is likely to boost trading volumes and …
EXCLUSIVE: Watchdog Demands Senate Ethics Probe Democrat’s ‘Clear Violation’ Of Stock Filing Law After DCNF Investigation
EXCLUSIVE: Watchdog Demands Senate Ethics Probe Democrat’s ‘Clear Violation’ Of Stock Filing Law After DCNF Investigation Gabe Kaminsky on June 15, 2022 A federal watchdog …
Watchdog Demands Congress Investigate Dem Member Who Flagrantly Violated Stock Disclosure Laws
Watchdog Demands Congress Investigate Dem Member Who Flagrantly Violated Stock Disclosure Laws Gabe Kaminsky on June 9, 2022 A watchdog that probes ethics and transparency …
U.S. stock market has not priced in economic slowdown yet – Bridgewater co-CIO
By Carolina Mandl NEW YORK – Bridgewater’s Karen Karniol-Tambour, co-chief investment officer for sustainability, said on Thursday that the U.S. stock market has not yet …
Asian stock valuations dip to 26-month low on slowdown worries
(Reuters) – Asian equities’ valuations dropped to a more than two-year low at the end of May, as regional shares were hit by concerns over …
U.S. SEC gets ready to propose changes to stock market operations – WSJ
(Reuters) – The U.S. Securities and Exchange Commission (SEC) is preparing to propose big changes to the stock market that could reshape how it operates, …
EXCLUSIVE: Dem Senator’s Alleged Violation Of Stock Disclosure Rules Has Watchdogs Worried
EXCLUSIVE: Dem Senator’s Alleged Violation Of Stock Disclosure Rules Has Watchdogs Worried Gabe Kaminsky on June 1, 2022 Democratic Colorado Sen. John Hickenlooper recently disclosed …
Texas Rep ‘Failed To File Timely’ Stock Trades Worth Millions, House Ethics Office Finds
Texas Rep ‘Failed To File Timely’ Stock Trades Worth Millions, House Ethics Office Finds Gabe Kaminsky on June 1, 2022 The House’s ethics office found …
Stock rally not enough to save ARK from record 7-month losing streak
By David Randall NEW YORK – A sharp rally in the broad U.S. stock market over the last week in May was not enough to …
Analysis-Sizzling U.S. energy stock rally confronts global growth worries
By Lewis Krauskopf NEW YORK – A scorching rally in U.S. energy shares has left investors facing a tough decision: hold on despite growing worries …
U.S. stock bounce likely just ‘bear market rally,’ says Morgan Stanley strategist
By Lewis Krauskopf NEW YORK – A rebound in U.S. stocks may have another 5% to go but likely remains just a “bear market rally,” …
Brazil stock market optimism tempered as fears grow over October vote
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY – Brazilian stocks will rise less than previously expected this year as fears over October’s presidential …