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,...
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...
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...
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...