Finance

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday,..

Volkswagen’s financial services undergoing reorganization

Volkswagen’s financial services undergoing reorganization

FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financ..

Finance

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

Dollar slips, yuan gains on China PMI; hot inflation lifts euro

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid and China’s yuan gained on Wednesday after Chinese manufacturin..

Avanan Report: Using geotargeting to customize phishing

Avanan Report: Using geotargeting to customize phishing

In a global marketplace, the ability to geotarget is huge. Essentially, it means that businesses can tailor their advertising to the r..

Dollar edges down from six-week peak, Swedish crown jumps

Dollar edges down from six-week peak, Swedish crown jumps

By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..

Hawkish ECB comments push up rate-hike expectations

Hawkish ECB comments push up rate-hike expectations

By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..

Dollar advances as strong U.S. data backs higher rates backdrop

Dollar advances as strong U.S. data backs higher rates backdrop

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..

Slowdown in UK inflation eases pressure on Bank of England

Slowdown in UK inflation eases pressure on Bank of England

By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly t..

Sterling gains after strong jobs data add to pressure on BOE

Sterling gains after strong jobs data add to pressure on BOE

LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expec..

Japanese yen gains as Ueda set to be named next BOJ governor

Japanese yen gains as Ueda set to be named next BOJ governor

(Adds comment, U.S. data, NEW YORK dateline, byline, FX table, bullets, updates prices) By Samuel Indyk and Gertrude Chavez-Dreyfuss L..

Bank of England officials split over future path for rates

Bank of England officials split over future path for rates

By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need ..

First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News

First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News

By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a p..

Italy inflation-adjusted retail sales fell in 2022

Italy inflation-adjusted retail sales fell in 2022

ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with cons..

Marketmind: Rates start to bite

Marketmind: Rates start to bite

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..

Swiss to vote on preventing cashless society, pressure group says

Swiss to vote on preventing cashless society, pressure group says

(Reuters) – Swiss citizens will get the chance to try to ensure their economy never becomes cashless, a pressure group said, aft..

Central banks hike rates again, but a pause is coming

Central banks hike rates again, but a pause is coming

LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...

Dollar falls to nine-month low as Powell notes progress in disinflation

Dollar falls to nine-month low as Powell notes progress in disinflation

By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of ..

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..

Stocks, dollar gain on resilient U.S. economy

Stocks, dollar gain on resilient U.S. economy

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..

UK income inequality widens after pandemic dip

UK income inequality widens after pandemic dip

By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..

Cryptoverse: Bitcoin investors take control

Cryptoverse: Bitcoin investors take control

(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Re..

Cryptoverse: Bitcoin investors take control

Cryptoverse: Bitcoin investors take control

(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Re..

Digital euro will be free but limited in scope, ECB says

Digital euro will be free but limited in scope, ECB says

FRANKFURT (Reuters) – The digital version of the euro currency will be free to use and available to all but the European Central..

Digital euro will be free but limited in scope, ECB says

Digital euro will be free but limited in scope, ECB says

FRANKFURT (Reuters) – The digital version of the euro currency will be free to use and available to all but the European Central..

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Fe..

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Fe..

Analysis-Bond traders get their swagger back in rate-obsessed markets

Analysis-Bond traders get their swagger back in rate-obsessed markets

By Lananh Nguyen NEW YORK (Reuters) – Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FIC..

Mizuho Bank Luxemburg upgrades anti-financial crime compliance risk management with Napier

Mizuho Bank Luxemburg upgrades anti-financial crime compliance risk management with Napier

  Mizuho Trust and Banking (Luxembourg) S.A , the Luxembourg subsidiary of Japan’s Mizuho Trust & Banking division (part of M..

Global stocks advance ahead of U.S. inflation data

Global stocks advance ahead of U.S. inflation data

By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) – Wall Street equities followed Europe’s higher on Wednesday as in..

Inflation fighting central bankers air climate role doubts

Inflation fighting central bankers air climate role doubts

By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being..

World Bank warns global economy could easily tip into recession in 2023

World Bank warns global economy could easily tip into recession in 2023

By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the br..

Analysis-Central Europe’s path to lower inflation strewn with hazards

Analysis-Central Europe’s path to lower inflation strewn with hazards

By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to..

Sterling hits 2 1/2 week high, eyes on BoE

Sterling hits 2 1/2 week high, eyes on BoE

By Samuel Indyk LONDON (Reuters) – The British pound hit a two-and-a-half-week high against a broadly weak dollar on Monday ahea..

Big fall in euro zone inflation offers little help for ECB

Big fall in euro zone inflation offers little help for ECB

By Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price press..