Finance

China Asset Management Co., Ltd. Recognized with Two Key Accolades in the 2023 Global Banking & Finance Awards®

China Asset Management Co., Ltd. Recognized with Two Key Accolades in the 2023 Global Banking & Finance Awards®

China Asset Management Co., Ltd. (ChinaAMC) continues its streak of excellence. For the fourth consecutive year, Global Banking & ..

Dollar finds footing ahead of job data deluge

Dollar finds footing ahead of job data deluge

LONDON (Reuters) – The U.S. dollar regained some ground on Tuesday and hovered near a one-week high against a basket of currenci..

Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes

Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes

STOCKHOLM (Reuters) – Swedish monetary policy needs to remain tight for some time and the policy rate may need to be raised furt..

Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh

Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh

NEW DELHI (Reuters) – Oil futures reversed course after rising briefly on Monday amid persistent pressure from the OPEC+ decisio..

Markets pin hopes on soft landing, with one eye on recession risk

Markets pin hopes on soft landing, with one eye on recession risk

(Reuters) – A stellar rally in equities and bonds suggests market confidence is high for the world economy to reach a soft landi..

Public investors with $4.3 trln are down on China but in on net zero

Public investors with $4.3 trln are down on China but in on net zero

LONDON (Reuters) – Public pension and sovereign wealth funds managing $4.3 trillion in assets are pessimistic about investing in..

Exclusive-Four banks quit initiative assessing climate targets-sources

Exclusive-Four banks quit initiative assessing climate targets-sources

LONDON (Reuters) -Four major banks, including Standard Chartered Plc and HSBC Plc, have quit a United Nations-backed initiative to scr..

UK’s FTSE 100 dips on miners, energy drag

UK’s FTSE 100 dips on miners, energy drag

By Shashwat Chauhan (Reuters) -UK’s FTSE 100 slipped on Monday, as losses in heavyweight energy and mining stocks chipped away ..

BoE’s Bailey says getting inflation to 2% will be ‘hard work’

BoE’s Bailey says getting inflation to 2% will be ‘hard work’

LONDON (Reuters) -Bank of England Governor Andrew Bailey said getting inflation down to the central bank’s 2% target will be ..

Dollar eases in thin Black Friday trading on bets rates have peaked

Dollar eases in thin Black Friday trading on bets rates have peaked

LONDON/SINGAPORE (Reuters) – The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged ..