Factbox: The developing countries facing a debt crisis
LONDON, April 5 (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week...
Global derivatives industry defends CDS after banking blow-ups
LONDON, March 30 (Reuters) – The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed Credit Default Swaps amid concerns...
Signs of pain as easy cash era ends are growing
LONDON, March 30 (Reuters) – The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades....
Gold sparkles in stormy week for markets
Focus on Fed policy meeting next week Gold to shine through the chaos – analyst All precious metals head for weekly gains Gold touches 11-month...
Insurers shun FTX-linked crypto firms as contagion risk mounts
Dec 19 (Reuters) – Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges...
‘The worst is yet to come’: the curse of high inflation
Dec 8 (Reuters) – Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food, heating, transport and...
Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reports
Dec 3 (Reuters) – Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ crypto exchange Gemini $900...
Factbox: Crypto companies crash into bankruptcy
Dec 1 (Reuters) – 2022 has been a rough year for the crypto industry. The price of bitcoin has dropped 65% since the start of...
S&P warns of possible trebling of U.S., European default rates
LONDON, Dec 1 (Reuters) – Credit rating firm S&P Global has warned that speculative-grade U.S. and European corporate default rates are likely to double and...
Fed’s Barr: Concerned about blowback to financial system from crypto
Nov 15 (Reuters) – Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector,...