Fed meeting minutes could hint at end of rate hikes
WASHINGTON, Aug 16 (Reuters) – The minutes of the Federal Reserve’s policy meeting last month may indicate on Wednesday how many policymakers feel the U.S....
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...
Maersk warns of slower demand for container shipping
COPENHAGEN, Aug 4 (Reuters) – Shipping group A.P. Moller-Maersk (MAERSKb.CO) warned on Friday of a steeper decline in global demand for shipping containers by sea...
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...
European banks flag bad loan risks as global economy falters
[1/3]The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo LONDON/MILAN/MADRID, July 26 (Reuters) – Europe’s major banks,...
Worsening euro zone business downturn reignites recession fears
LONDON, July 24 (Reuters) – Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined...
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,...
China’s Xi tells military to deepen war, combat planning, Xinhua reports
BEIJING, July 6 (Reuters) – Chinese President Xi Jinping on Thursday urged the military to deepen war and combat planning to increase the chances of...
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...
Japan’s top currency diplomat escalates warning against weak yen
[1/2]Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration Yen at 7-mth low vs dollar, 15-yr trough to...