UBS posts 40% first-quarter net profit rise as transaction levels jump
FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters)…
Asia stocks set to rise as Wall Street jumps on lockdown easing hopes
NEW YORK (Reuters) – Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing…
U.S. payroll protection program: What has changed in round two?
WASHINGTON (Reuters) – The Small Business Administration on Monday began allowing lenders to process $310 billion in funds for the…
U.S. banks’ reluctance to lend cash may have caused repo shock: BIS
LONDON (Reuters) – The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand…
Global stocks falter on trade uncertainty; sterling gains
NEW YORK (Reuters) – The dollar slid and global equity markets traded little changed on Thursday as enthusiasm over Apple…
Dollar, stocks slip amid trade deal uncertainty
NEW YORK (Reuters) – The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump’s remarks…
China pushing Trump to remove more tariffs ahead of trade deal: media
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks…
Stocks flat on data, earnings; pound volatile
NEW YORK (Reuters) – A gauge of world stock markets was flat on Wednesday as U.S. data that raised concerns…
As Thomas Cook customers return home, blame game begins
LONDON/NEW YORK (Reuters) – Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook’s richly rewarded bosses…
After LSE’s sharp rebuff, HKEX begins investor charm offensive
LONDON (Reuters) – Hong Kong Exchanges and Clearing (0388.HK) is embarking on a three-week charm offensive with London Stock Exchange…
Argentine markets split after currency controls stoke uncertainty
BUENOS AIRES/LONDON (Reuters) – Argentina’s international dollar and euro-denominated bonds fell to record lows on Monday and the official peso…
Argentine bond prices fall, country risk soars on debt ‘reprofiling’ plan
BUENOS AIRES (Reuters) – Argentine bond prices fell on Thursday and country risk soared to levels not seen since 2005…
Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest…
Stocks, oil tank on growing signs of global slowdown
NEW YORK (Reuters) – Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator…
Gold gains as trade concerns weigh on global markets
NEW YORK (Reuters) – Signs of further escalation of the U.S.-China trade war and weak UK economic data weighed on…
Pandemic bonds face scrutiny after Ebola outbreak yet to trigger payout
LONDON (Reuters) – World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight…
Global stocks down as big rate cut hopes fade, dollar rises
NEW YORK (Reuters) – A gauge of global stocks declined after early gains dissipated on Friday as expectations for a…
Stocks gain on Fed rate cut optimism; oil drops
NEW YORK (Reuters) – A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments…
China data steadies stocks as U.S. earnings get underway
NEW YORK (Reuters) – A gauge of global stocks rose modestly on Monday after economic data from China came in…
Wall Street banks bailing on troubled U.S. farm sector
CHICAGO/WASHINGTON (Reuters) – In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted…
Tempered expectations of Fed rate cut sink stocks globally
NEW YORK (Reuters) – A strong U.S. jobs report that tempered expectations of an aggressive interest rate cut by the…
Weak economic data, tariff concerns weigh on stocks globally
NEW YORK (Reuters) – Modest gains in U.S. stocks helped global equity indices edge higher on Tuesday as investors weighed…
Preserve your ammunition, BIS urges top central banks
LONDON (Reuters) – Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition…
Deutsche Bank board to meet July 7 to decide on cutting jobs: sources
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) –…
Stocks advance to end first half as G20 in focus
NEW YORK (Reuters) – A gauge of global stocks climbed on Friday in advance of a meeting on trade between…
Oil tumbles on demand worries; stocks hit by trade, economic fears
NEW YORK (Reuters) – Oil prices slid 4% on Wednesday on higher U.S. crude inventories and a bleaker demand outlook,…
Prosecutors investigate VW works council boss in pay inquiry
FILE PHOTO: Bernd Osterloh, head of VW’s works council, poses for the media at a production line at the Volkswagen…
Equities rally dissipates as trade optimism fades, yield curve flattens
NEW YORK (Reuters) – Wall Street’s indexes ended Tuesday’s session virtually unchanged after investors turned their focus to U.S.-China trade…
Nasdaq confirms correction, bond yields fall further
NEW YORK (Reuters) – The Nasdaq confirmed it was in a correction on Monday as stocks extended their recent sell-off,…
Jet Airways founder Naresh Goyal and wife stopped from leaving India – airport official
(Reuters) – Indian carrier Jet Airways (India) Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from leaving…
Jet Airways founder Naresh Goyal and wife stopped from leaving India – airport official
(Reuters) – Indian carrier Jet Airways (India) Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from leaving…
Global shares slide on fear trade spat is now a tech cold war
NEW YORK (Reuters) – World shares skidded further on Thursday and oil prices slid more than 5% as investors worried…
Stocks slip, dollar drifts after Fed cools rate cut bets
LONDON (Reuters) – The dollar nursed overnight gains while Europe’s share markets struggled early on, after the U.S. central bank…
China’s Xi touts more than $64 billion in Belt and Road deals
BEIJING (Reuters) – President Xi Jinping on Saturday hailed deals worth more than $64 billion signed during China’s Belt and…
Bank results curb Wall Street, oil falls as Russia mulls production boost
NEW YORK (Reuters) – Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices…
Stocks edge higher as crude oil gains
NEW YORK – A gauge of global equities edged higher on Monday as another drop in Boeing shares and concerns…
Demand for Aramco’s bond ‘north of’ $30 billion, says Saudi energy minister
FILE PHOTO: An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal…
The Fed is prodding Americans to buy more on credit
WASHINGTON (Reuters) – The Federal Reserve’s decisive statement this week that interest rates are unlikely to rise this year sends…
Wall Street powers world stocks; dollar up on Brexit woes
NEW YORK (Reuters) – Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while…
U.S. shares falter, investors await U.S.-China trade deal
NEW YORK (Reuters) – U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to…
Payless ShoeSource to start liquidation sales at stores
FILE PHOTO: A Payless ShoeSource store logo is pictured in the Manhattan borough of New York, New York, U.S. April…
World stocks post best January on record, yields fall
NEW YORK (Reuters) – Global equity markets mostly rose on Thursday, fueled by upbeat Facebook earnings and the Federal Reserve’s…
Sterling up after May wins confidence vote; stocks climb
NEW YORK (Reuters) – Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S.…
Trade optimism lifts stocks, but 2018 ends in red
NEW YORK (Reuters) – Equities around the world rose on Monday as possible progress in resolving the trade dispute between…
Slump persists, China fails to stimulate markets hobbled by pledged shares
SHANGHAI (Reuters) – China is struggling to restore confidence in its stock markets, which are being weighed down by a…
Euro, pound rally on Brexit concession; global stocks dip
NEW YORK (Reuters) – Stocks dipped on Friday, dragging a global index into a fourth consecutive weekly loss, while the…
Italy works on extending Alitalia loan deadline: source
ROME (Reuters) – Italy is working on an extension of as much as six months to a Dec. 15 deadline…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as…
Dollar and global bonds track surge in Treasury yields, stocks sag
LONDON (Reuters) – A rise in U.S. Treasury yields to their highest levels since mid-2011 pulled global bond yields higher…
Canadian dollar, stocks rise as NAFTA salvaged
LONDON (Reuters) – Optimism about a reconstituted free trade agreement among the United States, Canada and Mexico and what it…
Oil above $80 lifts stocks, offsets trade and bond market chill
LONDON (Reuters) – European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above…