62.44 F
New York
May 23, 2022

DBT

Rouble gains around 4%, heading back towards multi-year highs

Reuters
A Russian rouble banknote is placed on euro banknotes in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register May 23 (Reuters) – The Russian rouble firmed around 4% against the dollar and euro on Monday, heading back towards multi-year highs......

Asia stocks weighed by inflation concerns, China tech selling

Reuters
A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, March 7, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register HONG KONG,......

Lebanon recovery plan includes central bank debt write-off, haircuts to depositors

Reuters
Lebanese President Michel Aoun heads a final cabinet meeting before the government enters a caretaker status at the presidential palace in Baabda, Lebanon May 20, 2022. Dalati Nohra/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register May 20 (Reuters) – Lebanon’s government foresees cancelling “a large part”......

Russia makes early debt payment dash to dodge default

Reuters
The skyscrapers of the Moscow International Business Centre, also known as “Moskva-City”, are seen just after sunset in Moscow, Russia July 12, 2018. Picture taken July 12, 2018. REUTERS/Christian Hartmann Register now for FREE unlimited access to Reuters.com Register Moscow was due to pay $100 mln on two Eurobonds on......

European shares rebound, China rate move helps sentiment

Reuters
LONDON, May 20 (Reuters) – Shares rebounded on Friday after China cut a key lending benchmark to support its economy, though a global equities gauge remained set for its longest weekly losing streak on record amid investor worries about slowing growth and high inflation. China cut its five-year loan prime......

Russian rouble rallies to March 2018 level against dollar

Reuters
A picture illustration shows Russian rouble banknotes of various denominations on a table in Warsaw, Poland, January 22, 2016. REUTERS/Kacper Pempel/File Photo Register now for FREE unlimited access to Reuters.com Register May 20 (Reuters) – The Russian rouble gained more than 7% against the dollar on Friday, hitting levels last......

Iraq bids to control Kurdistan oil revenue with contract switch

Reuters
LONDON, May 19 (Reuters) – Iraq has made a fresh attempt to control revenue from the semi-autonomous region of Kurdistan by asking oil and gas firms operating there to sign new contracts with state-owned marketer SOMO rather than the Kurdistan Regional Government (KRG). Oil minister Ihsan Ismael on May 7......

G7 agree on $18.4 bln to keep Ukraine running, ready with more

Reuters
G7 agree $18.4 bln financing for Ukraine KOENIGSWINTER, Germany, May 19 (Reuters) – The Group of Seven’s financial leaders agreed on Thursday on $18.4 billion to help Ukraine pay its bills in coming months and said they were ready to stand by Kyiv throughout its war with Russia and do......

Euro rises with focus on ECB tightening path, Swiss Franc rises

Reuters
Euro rises, focus on rate hike bets Dollar takes a breather after recent gains Swiss Franc at multi-week highs after SNB hawkish turn Graphic: World FX rates May 19 (Reuters) – The euro rose on Thursday as investors priced in the chance of an aggressive near-term tightening path by the......

Asian shares tumble as global growth fears mount

Reuters
FILE PHOTO – An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register BEIJING/HONG KONG, May 19 (Reuters) – Asian stocks tracked a steep Wall Street selloff on......

Wells Fargo sees end-of-year U.S. recession, cuts GDP view

Reuters
A person pushes a shopping cart in a supermarket in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register May 18 (Reuters) – Wells Fargo Investment Institute said on Wednesday it reduced its economic expectations with a mild U.S. recession......

Stock market rebound fizzles, UK inflation hits 40-year high

Reuters
LONDON, May 18 (Reuters) – A rebound in stocks ran out of steam on Wednesday as concerns about the economic growth outlook and rising inflation knocked sentiment, while a UK inflation reading of 9% underlined just how much higher interest rates might be headed. Asian stocks managed to eek out......

Gold attempts rebound as dollar backs off highs

Reuters
Gold up after hitting lowest since Jan. 31 on Monday SPDR Gold Trust holdings extend slide to lowest since March Dollar slips further from last week’s two-decade high Silver up for third straight session May 17 (Reuters) – Gold rose on Tuesday as a retreat in the dollar helped bullion......

Asia markets rise on hopes of easing China tech crackdown

Reuters
Blank prices are displayed in the stock quotation boards at the Tokyo Stock Exchange (TSE) after the TSE temporarily suspended all trading due to system problems in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato/Files Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 17 (Reuters) – Asian......

U.S. Treasury’s Yellen presses Poland on global minimum tax

Reuters
Treasury Secretary Janet Yellen testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled β€œThe Financial Stability Oversight Council Annual Report to Congress,” in Dirksen Senate Office Building in Washington, D.C.,U.S., May 10, 2022. Tom Williams/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register WARSAW,......

Gold up from 3-month lows as U.S. bond yields weaken

Reuters
Sales persons wait for customers at a gold jewelry showroom in Chandigarh, India, November 9, 2016. REUTERS/Ajay Verma Register now for FREE unlimited access to Reuters.com Register Dollar starts week just off recent 20-year high against peers Momentum clearly favours further downside in gold – analyst Gold prices touched lowest......

Asia stocks struggle after dire China data

Reuters
Asian stock markets: China retail sales dive 11.1%, output drops 2.9% Nikkei pares gains, S&P 500 futures turn lower Dollar holds near 20-year highs, yen gets safety bid SYDNEY, May 16 (Reuters) – Asian share markets were struggling to sustain even a minor rally on Monday after shockingly weak data......

Lebanon holds first vote since blast, financial collapse

Reuters
BEIRUT, May 15 (Reuters) – Polls opened on Sunday in Lebanon’s first election since the country’s economic collapse, a test of whether Iran-backed Hezbollah and its allies can preserve their parliamentary majority amid soaring poverty and anger at ruling parties. Following months of uncertainty over whether the election would go......

ECB policymaker says rates will rise ‘very soon’

Reuters
The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski/File Photo Register now for FREE unlimited access to Reuters.com Register FRANKFURT, May 14 (Reuters) – The European Central Bank (ECB) will likely decide at its next meeting to end its stimulus programme in July, and raise......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More