How 2022 shocked, rocked and rolled global markets
World stocks down 20% in worst year since financial crisis Bond market has been pounded as rates have risen Wild swings in commodity and FX...
Republican senators propose overhaul of Federal Reserve amid concerns about politics
NEW YORK, Dec 21 (Reuters) – Seven Republican U.S. senators on Wednesday announced a new bill aimed at reshaping the Federal Reserve’s 12 regional banks,...
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...
Oil drops in volatile trade, records biggest weekly slump in months
WTI, Brent slump over 10% for the week Steepest weekly decline since April in WTI, since Aug in Brent Market flips to contango, indicating weak...
Global equity funds record biggest weekly outflows in three months
Dec 9 (Reuters) – Outflows from global equity funds in the week ended Dec. 7 hit a three-month high on fears that interest rates could...
U.S. equity funds register biggest weekly outflow in about 1-1/2 years
Dec 9 (Reuters) – U.S. equity funds posted enormous outflows in the week to December 7 as investors fretted over the Federal Reserve’s rate hikes,...
German economy ministry calls for joint EU response to U.S. inflation act
BERLIN, Dec 9 (Reuters) – Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support...
Global pensions with $3 trln on books fear stagflation -survey
LONDON, Dec 6 (Reuters) – Global public pension schemes and sovereign wealth funds managing more than $3 trillion in assets fear a combination of economic...
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...