Inflation data spurs stocks rally, drop in U.S. yields
U.S. inflation cools in February Two-year U.S. Treasury yield set for biggest monthly drop since 2008 S&P 500 records back-to-back quarterly gains NEW YORK, March...
Global equities fall, gold surges as banking worries linger
Wall Street, European stock indexes fall First Republic Bank gets $30 bln injection, worries linger Fed data showed banks sought record emergency liquidity Gold heads...
Wall Street ends sharply lower, Treasury yields dip ahead of jobs report
NEW YORK, March 9 (Reuters) – Wall Street slid sharply on Thursday, pulled lower by bank stocks and jitters ahead of Friday’s employment report, while...
Shares fall with oil prices amid concerns about U.S. Fed rate hikes
NEW YORK, Feb 17 (Reuters) – The S&P 500 and the Nasdaq finished in the red on Friday and oil prices settled lower after U.S....
Hong Kong home prices drop 15.6% in 2022, snap 13 years of gain
Jan 27 (Reuters) – Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the...
World stocks soar, investors pare rate bets after US jobs data
Stocks rally as U.S. jobs data quells inflation fears Investors bet that Fed need not be as hawkish Treasury yields pull back, dollar sags NEW...
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...
HSBC will have to share custody with JPMorgan of $52 bln in gold bars
LONDON, Dec 1 (Reuters) – JPMorgan (JPM.N) will join HSBC (HSBA.L) in storing bullion for the world’s biggest gold-backed exchange-traded fund (ETF), the fund’s operator...
Exclusive: Morgan Stanley to start layoffs in coming weeks as dealmaking slows
HONG KONG, Nov 3 (Reuters) – Wall Street major Morgan Stanley (MS.N) is expected to start a fresh round of layoffs globally in the coming...
Exclusive: Banks divert gold supply from India to China, Turkey
MUMBAI, Oct 4 (Reuters) – Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and...