by Reuters | Mar 10, 2023 | Asia, Australia, Business, Economy, Europe, US
(Reuters) – California banking regulators on Friday closed SVB Financial Group, the largest bank failure since the financial crisis, moving quickly to protect depositors as a crisis at the startup-focused lender rippled through global markets and hit banking...
by Reuters | Mar 1, 2023 | Asia, Australia, Business, Economy, Europe, Top News, US
By Lawrence Delevingne and Nell Mackenzie (Reuters) -Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new inflation indicators from China, Germany and the U.S. hardened expectations that high interest rates...
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...
