DoubleLine’s Gundlach expects Fed rate cuts in first half of 2024
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger Acquire Licensing Rights...
Fukushima wastewater released into the ocean, China bans all Japanese seafood
China criticises action as ‘selfish and irresponsible’ Japan and IAEA say radioactivity levels well below safe levels Initial release about 3 Olympic swimming pools worth...
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...
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,...
Fed set to launch long-awaited instant payments service, modernizing system
July 20 (Reuters) – The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country’s payment system...
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...
Fed, SEC probing Goldman Sachs’ role in Silicon Valley Bank’s final days, Wall Street Journal reports
June 15 (Reuters) – The U.S. Federal Reserve and the Securities and Exchange Commission are investigating Goldman Sachs Group’s (GS.N) role in two deals with...
Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown
June 9 (Reuters) – The U.S. affiliate of Binance said it was halting dollar deposits, while trading platform Robinhood Markets (HOOD.O) said it was delisting...
Binance, US affiliate hit by net outflows of $1.43b since SEC lawsuit, data shows
June 6 (Reuters) – Investors have pulled around $1.43 billion from the crypto exchange Binance and its U.S. affiliate as of 11 a.m. ET (1500...
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...