By Huw Jones LONDON (Reuters) – Britain will set out reforms on Friday to ease bank capital rules, one of 30 measures the government says will unlock investment and secure its position as the wo[...]
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December 8, 2022
New York Fed taps insurance exec for new second in command
By Michael S. Derby NEW YORK (Reuters) – The New York Federal Reserve has tapped an insurance industry executive as second in command to President John Williams, a role in which there has been r[...]
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China’s COVID easing seen knocking growth early next year before recovery kicks in
By Ellen Zhang, Liangping Gao and Carolina Mandl BEIJING/NEW YORK (Reuters) -China’s shift from tough COVID policies, with its promise of driving an economic recovery next year, will instead lik[...]
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Marketmind: Markets eye China PPI, CPI
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese producer and consumer price inflation reports for November grab the limelight in Asia on Frida[...]
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Yellen ‘open’ to visiting China, will seek deeper economic engagement
By Andrea Shalal FORT WORTH, Texas (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said she was “open” to visit China as she seeks to deepen economic engagement with Bei[...]
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Stocks rise on hope of revived China demand, oil slips
By Herbert Lash NEW YORK (Reuters) -World stocks rose and oil prices initially rebounded on Thursday on hopes that China’s easing of its anti-COVID-19 measures will help restore global supply ch[...]
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Yellen honors pioneers as U.S. prints first banknotes with women’s signatures
By Andrea Shalal FORT WORTH, Texas (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday hailed fellow pioneers during the unveiling of the first U.S. banknotes printed with two women[...]
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Egypt inflation jumps to five-year high of 18.7% in November
CAIRO (Reuters) -Egypt’s annual urban consumer inflation rate surged to a five-year high of 18.7% in November, closely matching analyst expectations, data from the statistics agency CAPMAS showe[...]
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Recession worries could support dollar after monstrous 2022 rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. T[...]
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