UK recession might be under way after economy shrinks in Q3
LONDON (Reuters) -Britain’s economy might be in a recession, according to data that showed it shrank between July and September,..
Finance
Finance
Instant view: BoE keeps interest rates at 15-year high, says rates to stay high
LONDON (Reuters) – The Bank of England kept its key interest rate at a 15-year high of 5.25% on Thursday and said British intere..
Finance
Euro sags, yen jumps as investors bet on BOJ shift
LONDON (Reuters) -The euro grazed a three-week low on Thursday, driven by mounting expectations that the European Central Bank (ECB) m..
Finance
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 & ..
Finance
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..
Finance
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..
Finance
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..
Finance
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..
Finance
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..
Finance
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..
Finance