Analysis: Potential US government shutdown could dent investor confidence
NEW YORK, Sept 8 (Reuters) – A potential U.S. government shutdown at the end of September could add to worries about the economy going into...
China can no longer ‘extend and pretend’ on municipal debt
Chinese leaders promise “basket of measures” to fix local debt Latest Politburo stance suggests Beijing may be ready to step in Extent of Beijing’s involvement...
China state banks seen selling US dollars to prop up yuan -sources
SHANGHAI/BEIJING, July 25 (Reuters) – China’s major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in...
Analysis: Debt ceiling deal ignores US debt time bomb
WASHINGTON, June 5 (Reuters) – Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating U.S. default, but does little...
US corporate debt binge could be hard to sustain
NEW YORK, June 1 (Reuters) – Large U.S. companies have been on a bond issuance binge but this rapid pace in supply may be hard...
Exclusive: From Russia with gold: UAE cashes in as sanctions bite
LONDON, May 25 (Reuters) – The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s...
Europeans drain billions from banks, fed up with shrinking savings
LONDON/DUBLIN, May 4 (Reuters) – European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up...
Exclusive: Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
ATLANTA, April 14 (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its tightening cycle with some confidence inflation...
Exclusive: Germans shun deposits abroad on fear of new crisis
Demand for foreign deposits down 15%-20% since SVB collapse Germans seek safety in domestic banks, platforms say Smaller, foreign banks forced to raise rates FRANKFURT,...
‘Stubborn’ food inflation leaves U.S. shoppers with slim appetite for other goods
Food retailers benefit from rocketing prices Choosy shoppers seek discounts on clothing, housewares Home improvement sales head down Feb 23 (Reuters) – As American shoppers...