By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed higher on Friday, marking the end of a tumultuous week as Federal Reserve officials calmed investor fears over a potential liquidity crisi[...]
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March 24, 2023
Strength in megacap stocks masks broader U.S. market woes
By Lewis Krauskopf NEW YORK (Reuters) – Investors are relying on an old strategy to navigate the current tumult in asset prices: buying shares of the massive U.S. companies that led markets high[...]
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Peru may tap capital markets this year to better manage debt
LIMA (Reuters) – Peru’s government expressed qualified interest in tapping the international bond market later this year in a bid to better manage liabilities, Economy Minister Alex Contre[...]
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World stocks gyrate as bank contagion fears bite
By Koh Gui Qing NEW YORK (Reuters) -Global stock markets swooned on Friday as fears about contagion among banks hobbled shares of lenders such as Deutsche Bank, with the flight from risk shoring up th[...]
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Banks scrutinize Credit Suisse products, interactions after takeover
By Laura Matthews, Matt Tracy and Stefania Spezzati NEW YORK/LONDON (Reuters) -Some bankers and traders are grappling with how to interact with Credit Suisse across various markets including debt and[...]
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Ukraine creditors group: provides assurances to support IMF steps to help Ukraine
BRUSSELS (Reuters) – The Group of Creditors of Ukraine (GCU) body said on Friday that it had provided financing assurances to support the International Monetary Fund’s (IMF) approval for a[...]
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Real estate leader on NY Fed board warns on commercial real estate risks
By Michael S. Derby NEW YORK (Reuters) -An executive who also serves on the board overseeing the New York Federal Reserve warned on Twitter of potentially systemic problems in the real estate finance[...]
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Argentina debt exchange will trigger default -Fitch
(Reuters) -Fitch Ratings on Friday cut Argentina’s foreign currency rating to “C” from “CCC-” citing an “imminent” default after the country ordered public se[...]
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Peru central bank sees lower 2023 growth, drop in mining investment due to protests
By Marco Aquino, Brendan O’Boyle LIMA (Reuters) -The Central Reserve Bank of Peru forecast lower economic growth this year due to the impacts of months-long social unrest and torrential rains in[...]
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