India ties up with UAE to settle trade in rupees
NEW DELHI, July 15 (Reuters) – India has signed an agreement with the United Arab Emirates that will allow it to settle trade in rupees...
S&P Global’s top economist sees dollar dominance diminishing
LONDON, July 11 (Reuters) – The dollar’s grip as the dominant global currency is loosening, credit rating agency S&P Global’s top economist said on Tuesday....
Shares fall after little Fed surprise, China data and trade in focus
[1/2]Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26,...
Bankruptcy filings surge in first half of 2023 in US, Epiq says
July 3 (Reuters) – U.S. Chapter 11 bankruptcy filings jumped 68% in the first half of 2023 from a year earlier, Epiq Bankruptcy, a provider...
US yield curve hits deepest inversion since 1981: What is it telling us?
NEW YORK, July 3 (Reuters) – (This July 3 story has been corrected to change Allspring Global Investments to Annex Wealth Management in paragraph 13)...
Japan finance minister warns against excessive yen weakening
[1/2]A banknote of Japanese yen is seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration TOKYO, June...
World Bank should add disaster clauses to debt agreements, Yellen says
[1/2]U.S. Treasury Secretary Janet Yellen delivers her speech at the U.S embassy to France, ahead of the Global Climate Finance conference, in Paris, France June...
Yellen to push for concrete actions at Paris debt summit
June 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the...
World stocks gauge pauses after big run, heavy central bank week
MSCI All-World index hovers near highest since April 2022 Wall St indexes drop; Europe’s Stoxx gains Yen falls to 15-yr low vs euro, 6-month low...
Major banks cut China 2023 GDP forecasts as recovery falters
BEIJING, June 16 (Reuters) – Several major banks have cut their 2023 gross domestic product (GDP) growth forecasts for China after May data showed a...