New look CBDCs and cryptomarket to emerge from turmoil, top BIS official says
By Marc Jones LONDON (Reuters) – Cryptomarkets have not been killed off by last year’s turmoil, while the new wave of central bank digital currencies …
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Amid crypto turmoil, Hong Kong debuts first crypto futures ETFs
By Georgina Lee HONG KONG (Reuters) – Two exchange traded funds (ETF) that track U.S.-listed cryptocurrency futures have raised a combined $73.6 million ahead of …
Peru’s key financial institutions remain resilient amid political turmoil – Moody’s analyst
LIMA (Reuters) – Peru’s key economic and financial institutions remain resilient to political volatility, Moody’s analyst Jaime Reusche said Thursday after the country impeached and …
Labour turmoil sweeps Australia as inflation stirs ‘spirit of anger’
By Byron Kaye and Sonali Paul SYDNEY/MELBOURNE (Reuters) – After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas …
Jordan’s economy posts faster growth despite global turmoil -IMF
By Suleiman Al-Khalidi AMMAN (Reuters) – Jordan’s growth has quickened in 2022 despite global economic turbulence, driven by strong progress in IMF-backed structural reforms that …
Sorrell’s S4 Capital defies tech turmoil to maintain momentum
By Paul Sandle LONDON (Reuters) – Martin Sorrell said his digital ad group S4 Capital had maintained momentum in a third quarter marked by disappointing …
Sovereign bond market turmoil to spill well into next year: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Turmoil in global sovereign bond markets is set to persist for another six months to a year as central …
Moody’s cuts UK outlook to ‘negative’ over political turmoil
(Reuters) -Ratings agency Moody’s on Friday lowered the United Kingdom’s outlook to “negative” from “stable” over ongoing political turmoil, weaker growth prospects and high inflation. …
Market turmoil a boon for trend-following hedge funds
By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with funds such as Graham Capital Management, Aspect Capital, …
Global hedge fund launches plunge, liquidations rise amid turmoil
NEW YORK (Reuters) – New hedge fund launches dove in the second quarter to the lowest level since the 2008 global financial crisis, while fund …
Marketmind: Mini budget, major turmoil
A look at the day ahead in European and global markets from Anshuman Daga What was meant to be a mini-budget is still thundering across …
Old woes and new: business turmoil awaits Italy’s election winner
By Gavin Jones and Angelo Amante TERNI, Italy (Reuters) – Inflation, looming recession and impossibly high energy bills are among the daunting economic problems awaiting …
Nasdaq bets big on digital assets despite crypto turmoil
(Reuters) – Nasdaq Inc is placing a big bet on the cryptocurrency market, with the launch of a digital assets business that is aimed at …
As US eyes new China chip curbs, turmoil looms for global market
By Joyce Lee SEOUL – Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts …
Weary Argentina investors hit by more political turmoil
By Marc Jones LONDON – Argentina’s long-suffering investors tore into the country’s chaotic politics on Monday after the architect of its IMF programme, economy minister …
Make or break: Telecom Italia to map out future after years of turmoil
By Elvira Pollina MILAN – The head of Telecom Italia (TIM) will set out his plans for Italy’s biggest telecoms company on Thursday, pinning his …
Private equity industry faces ‘perfect storm’ as market turmoil bites
By Emma-Victoria Farr BERLIN – Private equity investors gathered in Berlin at their annual get-together are fretting a season of record buyouts is drawing to …
BoE’s Bailey: latest crypto turmoil reinforces concerns
LONDON – Bitcoin’s slump on Monday after major U.S. crypto lending company Celsius Network froze withdrawals should remind investors that most crypto-assets have no intrinsic …
Wild swings of May not necessarily the end of market turmoil
LONDON – Sell in May? They certainly did, but rather than go away as the old stock market adage suggests, traders returned to aggressively buy …
North Korea’s Kim says COVID ‘great turmoil’, 21 new deaths reported
By Heekyong Yang and Jack Kim SEOUL -North Korean leader Kim Jong Un said on Saturday the spread of COVID-19 had thrust his country into …
Shorter-dated Sri Lanka dollar bonds slip after deadly clashes, political turmoil
LONDON – Sri Lanka’s shorter-dated sovereign dollar bonds slipped as much as 1 cent on Tuesday, a day after protests over the government’s handling of …
Exclusive-Coca-Cola African bottler’s $3 billion IPO delayed by Ukraine turmoil
By Promit Mukherjee and Emma Rumney JOHANNESBURG – Coca-Cola’s estimated $3 billion initial public offering (IPO) for its African bottling unit will likely take place …
Dealmakers see M&A pace slow as geopolitical turmoil takes toll
By Svea Herbst-Bayliss, David French and Krystal Hu NEW ORLEANS – Mergers and acquisitions activity has tailed off after a record-breaking 2021, as the war …
REPORT: Project Veritas Videos Stokes Turmoil At NYT, Executive Editor Calls Out Ensnared Reporter
REPORT: Project Veritas Videos Stokes Turmoil At NYT, Executive Editor Calls Out Ensnared Reporter Kendall Tietz on March 11, 2022 Upset New York Times staff …
Asset managers freeze $3 billion in Russia funds in market turmoil
By Carolyn Cohn and Simon Jessop LONDON -Asset managers including France’s Amundi and BNP Paribas, Britain’s HSBC and Switzerland’s Pictet have frozen Russia-focused equity funds …