World stocks edge above Nov 2020 lows, sterling recovers some ground

Join now for FREE unlimited access to Reuters.com Register The dollar has eased since its 20-year highs reached on Monday German 10-year bond yields hit near 11-year highs Oil rebounds from Monday’s nine-month lows LONDON/HONG KONG, Sept 27 (Reuters) – Global stocks rebounded on Tuesday after hitting a 21-month low and the pound rebounded after … Read more

U.S. Congress negotiators set nearly $12 bln in new Ukraine aid -sources

A local resident walks past a building damaged during the Russian-Ukrainian conflict in Mariupol, Ukraine September 25, 2022. REUTERS/Alexander Ermoshenko Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – Negotiators of an interim spending bill in the U.S. Congress have agreed to include nearly $12 billion in new military and … Read more

Sterling crumbles to record low, dollar soars on UK fiscal angst

A woman holds British pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/ Join now for FREE unlimited access to Reuters.com Register TOKYO, Sept 26 (Reuters) – The pound sterling fell to a record low on Monday as traders rushed for the exits on the belief that the new government’s economic plan would … Read more

Stocks tumble, dollar soars and bonds plunge as recession fears grow

Dow ready to confirm its bear market MSCI All-World Index at 2-year low The dollar hits a new high in two decades Pound, gilts sell off after UK ‘mini-budget’ NEW YORK/LONDON, Sept 23 (Reuters) – U.S. and European stocks fell on Friday, the dollar hit a 22-year high and bonds sold off again as fears … Read more

Japan intervenes to stop yen slide, after BOJ holds rates super low

BOJ maintains ultra-low rates and dovish policy guidance Japanese diplomat FX said it had taken ‘decisive’ action Confirmation of the intervention causes the dollar to fall by more than 2% Analysts doubt Tokyo can continue to support the yen Bank of Canada says it didn’t help BOJ TOKYO, Sept 22 (Reuters) – Japan intervened in … Read more

Europe burns cash to help businesses in deepening energy crisis

Join now for FREE unlimited access to Reuters.com Register Gas prices in Europe soared amid Ukraine crisis Utilities face a cash crunch Germany ‘will do everything possible’ to help businesses Russian mobilization triggers soaring oil prices BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalized gas importer Uniper (UN01.DE) on Wednesday and Britain said it would cut … Read more

Taiwan vows counter-attack if Chinese forces enter its territory

A Naval Force helicopter under the Eastern Theater Command of China’s People’s Liberation Army (PLA) takes part in military drills in the waters around Taiwan at an undisclosed location on August 8, 2022 in this photo released on August 9, 2022. Eastern Theater Command/Handout via REUTERS Join now for FREE unlimited access to Reuters.com Register … Read more

Central banks will fail to tame inflation without better fiscal policy, study says

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, DC, U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo Join now for FREE unlimited access to Reuters.com Register JACKSON HOLE, Wyo., Aug 27 (Reuters) – Central banks will fail to control inflation and could even push price growth higher unless governments … Read more

Chip designers warm to U.S. bill despite big benefits to Intel

Chip designers warm to U.S. bill despite big benefits to Intel

July 18 (Reuters) – Major U.S. chip companies came forward on Monday to back a package of chip industry subsidies despite earlier concerns that legislation pending a vote in the Senate disproportionately benefits manufacturers like Intel Corp (INTC.O). Senate Majority Leader Chuck Schumer told lawmakers a vote could come as early as Tuesday on a … Read more