Finance

Concern over US default risk grips global markets as talks resume

Concern over US default risk grips global markets as talks resume

By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped g..

Dollar weakens after gains all week; debt deal hopes boost market sentiment

Dollar weakens after gains all week; debt deal hopes boost market sentiment

By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar fell on Friday after posting gains for mos..

Wall Street gains, dollar climbs on solid data, debt ceiling progress

Wall Street gains, dollar climbs on solid data, debt ceiling progress

By Stephen Culp NEW YORK (Reuters) -Wall Street turned higher and the dollar reached a seven-week peak on Thursday as discount retail..

German economic growth to remain muted in near term – IMF

German economic growth to remain muted in near term – IMF

BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, bu..

Change of Perception

Change of Perception

  By  Nada AliRedha CEO and founder of Plim In the fast-paced world of fintech, innovation and disruption are the name of the ga..

Platinum facing biggest deficit in years as carmakers snap up metal

Platinum facing biggest deficit in years as carmakers snap up metal

LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest ..

How to prepare your small business for an economic and liquidity crisis

How to prepare your small business for an economic and liquidity crisis

By Kavan Choksi, a successful investor, business management and wealth consultant Kavan Choksi Small business owners are ..

Google takes wraps off its answer to Microsoft’s AI search challenge

Google takes wraps off its answer to Microsoft’s AI search challenge

By Jeffrey Dastin and Greg Bensinger MOUNTAIN VIEW, California (Reuters) -Alphabet Inc’s Google on Wednesday unveiled more artif..

Analysis-Investors’ route to post-COVID China is via Europe

Analysis-Investors’ route to post-COVID China is via Europe

By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck this year by buying..

Oil eases on lackluster Chinese import data, U.S. economy woes

Oil eases on lackluster Chinese import data, U.S. economy woes

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell on Tuesday, retreating from strong gains of the previous two sessions due to ..

U.S. dollar struggles, pound hits one-year high

U.S. dollar struggles, pound hits one-year high

By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peer..

Dollar jumps as U.S. job gains, wage growth beat expectations

Dollar jumps as U.S. job gains, wage growth beat expectations

By Karen Brettell NEW YORK (Reuters) – The dollar jumped on Friday after data showed that U.S. employers added more jobs than e..

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh, located in South Asia, has made significant strides in recent years, with the country becoming one of the fastest-growing ..

Dollar slips after upbeat China data; euro, pound rise

Dollar slips after upbeat China data; euro, pound rise

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after bett..

Banking stability worries go behind closed doors at IMF-World Bank meetings

Banking stability worries go behind closed doors at IMF-World Bank meetings

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Just a month after the biggest banking crisis in more than a decade, t..

Dollar drops as inflation cools more than expected

Dollar drops as inflation cools more than expected

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..

Dollar dips ahead of inflation data later this week

Dollar dips ahead of inflation data later this week

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..

World stocks cling to upbeat mood, dollar stalls

World stocks cling to upbeat mood, dollar stalls

By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..

Wall Street slips, dollar gains as Fed seen hiking rates in May

Wall Street slips, dollar gains as Fed seen hiking rates in May

By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..

London’s FTSE 100 climbs ahead of Easter break

London’s FTSE 100 climbs ahead of Easter break

By Sruthi Shankar and Shristi Achar A (Reuters) -UK’s blue-chip index rose on Thursday, gaining for a third consecutive week, as..

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

LONDON (Reuters) -Global companies that form alliances to help them to tackle climate change need clear “safe harbour” gui..

Bank of England still needs to ‘see the job through’ on inflation: Pill

Bank of England still needs to ‘see the job through’ on inflation: Pill

By David Milliken LONDON (Reuters) -Britain’s central bank still cannot be sure that it has raised interest rates enough to tame..

Pound hits 10-month peak, euro up as dollar under pressure

Pound hits 10-month peak, euro up as dollar under pressure

By Alun John LONDON (Reuters) – The British pound rose to a new 10-month high against the dollar on Tuesday, and the euro reache..

Dollar outshines euro, sterling amid European bank jitters

Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering..

Central banks keep hiking rates amid banking turmoil

Central banks keep hiking rates amid banking turmoil

By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday followed the Federal Reserve and ..

Dollar falls after Fed raises rates, forecasts future hike

Dollar falls after Fed raises rates, forecasts future hike

By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to r..

Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the w..

Global bank bonds claw back losses as markets rout eases

Global bank bonds claw back losses as markets rout eases

LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..

The most popular types of business loans: which one is right for you?

The most popular types of business loans: which one is right for you?

Business loans come in many forms, each offering different repayment terms and loan amounts. Types of business loans available range ..

Explainer-Credit Suisse: How did it get to crisis point?

Explainer-Credit Suisse: How did it get to crisis point?

By Anshuman Daga (Reuters) – Credit Suisse said on Thursday it would borrow up to $54 billion from the Swiss central bank to sho..

Global equities gain, as rising bond yields pressure gold

Global equities gain, as rising bond yields pressure gold

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares stemmed a five-session rout on Tuesday as bank sha..

Market stress indicators react sharply after U.S. bank failures

Market stress indicators react sharply after U.S. bank failures

By Amanda Cooper, Yoruk Bahceli and Naomi Rovnick LONDON (Reuters) – Financial market stress indicators reacted sharply on Monda..

Wall St flutters, Treasury yields ease as Powell resumes testimony

Wall St flutters, Treasury yields ease as Powell resumes testimony

By Stephen Culp NEW YORK (Reuters) – U.S. stocks struggled for direction and Treasury yields wavered on Wednesday as a barrage o..

Wall St flutters, Treasury yields ease as Powell resumes testimony

Wall St flutters, Treasury yields ease as Powell resumes testimony

By Stephen Culp NEW YORK (Reuters) – U.S. stocks struggled for direction and Treasury yields wavered on Wednesday as a barrage o..

Dubai International Financial Centre chooses Napier to provide client screening capabilities

Dubai International Financial Centre chooses Napier to provide client screening capabilities

  Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEA..

Mia-FinTech launches Payment Integration Hub, a new end-to-end digital payments solution

Mia-FinTech launches Payment Integration Hub, a new end-to-end digital payments solution

  1 Bruno Natoli, CEO of Mia-FinTech Mia-FinTech, the technology provider for banks and financial institutions based on the Mia-P..

Dollar jumps as Powell flags higher terminal rate

Dollar jumps as Powell flags higher terminal rate

By Karen Brettell NEW YORK (Reuters) – The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve..