Britain says high standards will be maintained UK flags criticism in financial crisis-era reforms London faces new competition from EU centers Consultation on the planned digital book LONDON, Dec 9 (Reuters) – Britain presented a series of measures on Friday to bolster the City of London’s role as a global financial hub, under pressure since …
Britain overhauls financial rules to bolster City’s global influence Read More »
China and Hong Kong stocks rise after new reports of easing COVID restrictions Economic slowdown fears temper risk sentiment Gas prices rise as freezing weather blankets Europe LONDON, Dec 8 (Reuters) – Global equities and oil prices battled their way out of a four-day slump on Thursday as deeply inverted bond yield curves and choppy …
Stocks and oil struggle to emerge from four-day drop Read More »
LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see …
Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco Read More »
NEW YORK, Dec 6 (Reuters) – As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be the big winners from a sustained reversal in the greenback. The MSCI International Emerging Market Currency Index (.MIEM00000CUS) is up nearly 5% from its lows and posted its best monthly gain in …
LONDON, Dec 5 (Reuters) – Pension funds and other “non-bank” financial firms hold more than $80 trillion in hidden off-balance sheet dollar debt in foreign exchange swaps, the Bank for International Settlements (BIS) said. ). The BIS, dubbed the central bank of central banks around the world, also said in its latest quarterly report that …
Currency swap debt is an $80 trillion global regulator, says ‘blind spot’ Read More »
https://tmsnrt.rs/2zpUAr4 Chinese stocks climb, dollar slides More Chinese cities ease coronavirus controls Russian oil cap goes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped moves to lift pandemic restrictions in China would eventually improve the outlook for global growth and demand for commodities, pushing …
Asian equities bet on a possible opening of China; oil gain Read More »
Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its Canadian business to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion). dollars) in cash, thus paving the …
HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC Read More »
NEW DELHI, Nov 29 (Reuters) – Moscow has sent India a list of more than 500 deliverables, including parts for cars, planes and trains, four sources familiar with the matter said, as sanctions reduce Russia’s ability to keep its vital industries running. . The list, a version of which was seen by Reuters in New …
Exclusive: India asked sanction-hit Russia for parts for key sectors Read More »
Filing follows weeks after FTX collapse FTX listed as BlockFi’s #2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy, it said on Monday, the latest crypto casualty after the exchange’s dramatic collapse FTX earlier this month. The New Jersey court filing comes …
Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads Read More »
https://tmsnrt.rs/2zpUAr4 China’s coronavirus outbreaks are a setback to loosen hopes Dollar and bonds stable ahead of Fed minutes Oil prices fragile after losing 10% last week SYDNEY, Nov 21 (Reuters) – Asian stock markets turned hesitant on Monday as investors worried about the economic fallout from new COVID-19 restrictions in China, while bonds and the …
Asian stock markets fret over China’s COVID outbreaks, Fed outlook Read More »
