by Reuters | Aug 15, 2022 | Asia, Australia, Business, Economy, Europe, US
By Chibuike Oguh New York (Reuters) – Global equities and the U.S. dollar advanced on Monday despite weaker-than-expected economic data in China that prompted its central bank to cut its lending rate, stoking concerns of a global recession. The People’s...
by Reuters | Jul 22, 2022 | Asia, Australia, Business, Economy
By Jonathan Cable, Leika Kihara and Dan Burns LONDON/TOKYO/NEW YORK (Reuters) -The global economy looks increasingly likely to be heading into a serious slowdown, just as the highest inflation in a generation prompts central banks to aggressively reverse the...
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...
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...
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....
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....
