World stock index at highest in over five months on trade deal
NEW YORK (Reuters) – An index of major world stock markets rose to its highest level in more than five months on Monday after the United States and Mexico struck…
Greece set to exit bailout, still faces daunting challenges
ATHENS (Reuters) – Greece exits the last of its three bailouts on Aug. 20 and hopes to be able to borrow again in international markets after a nearly nine-year debt…
For Greece’s austerity-hit elderly, bailout will never end
ATHENS (Reuters) – With two euros in his pocket, Yorgos Vagelakos, an 81-year-old retired factory worker, scouts the farmer’s market in his working-class Athens neighborhood for anything he can afford.…
Turkish lira’s free-fall rocks equity markets, euro falls
NEW YORK/LONDON (Reuters) – A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets…
U.S. sanctions whack Russia’s rouble, Turkey’s lira free-falls
LONDON (Reuters) – Alarm bells were ringing on Thursday as harsh new U.S. sanctions drove drove down Russia’s rouble Turkey’s lira plunged as worries mounted that Ankara was sliding towards…
Global auto powers plotting response to Trump auto tariff threats
MEXICO CITY/OTTAWA (Reuters) – Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by U.S. President Donald…
Shares get China stimulus boost, bonds show the strain
LONDON (Reuters) – World shares climbed for a third day running on Tuesday, as China promised fiscal action to support the world’s second-largest economy and stellar results from internet giant…
China says will hit back after U.S. proposes fresh tariffs on $200 billion in goods
BEIJING/WASHINGTON (Reuters) – China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 percent…
U.S. ratchets up China trade war, threatens tariffs on $200 bln of goods
WASHINGTON/BEIJING (Reuters) – The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth…
U.S. mergers help bank fees spike to record highs
NEW YORK (LPC) – A record $1.45 trillion of US syndicated lending to companies for acquisitions, leveraged buyouts, dividends and refinancing in the first half of the year has propelled…