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Buy now, pay later stocks roiled by Apple’s entry

Buy now, pay later stocks roiled by Apple’s entry

by Reuters | Jun 7, 2022 | Asia, Australia, Business, Economy, Technology, US

(Reuters) – Shares of buy now, pay later (BNPL) companies stumbled on Tuesday as the entry of Apple Inc threatened to ratchet up competition in a sector reeling from geopolitical tensions, regulatory scrutiny and rising interest rates. The service, called Apple...
Dollar resumes slide as stock markets tentatively pick up

Dollar resumes slide as stock markets tentatively pick up

by Reuters | May 30, 2022 | Asia, Australia, Business, Canada, Economy, Europe, UK, US

By Iain Withers LONDON (Reuters) – The U.S. dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, supported by encouraging economic data and bets that the Federal Reserve will tighten policy at a slower pace. The dollar...
Dollar eases as traders scale back bets on Fed tightening

Dollar eases as traders scale back bets on Fed tightening

by Reuters | May 26, 2022 | Asia, Australia, Business, Canada, Economy, Europe, UK, US

By John McCrank NEW YORK (Reuters) – The U.S. dollar edged lower on Thursday as markets considered whether the Federal Reserve might slow or even pause its tightening cycle in the second half of the year, which would weaken the allure of the safehaven currency....
Dollar slips as risk appetite returns

Dollar slips as risk appetite returns

by Reuters | May 17, 2022 | Asia, Australia, Business, Canada, Economy, Europe, UK, US

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors’ appetite for riskier bets diminished the U.S. currency’s appeal....
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