By Jarrett Renshaw and David Lawder (Reuters) – The Biden administration plans to send Mexico an “act now or else” message in coming weeks in an attempt to break a stalemate in an en[...]
Read more
March 27, 2023
U.S. will keep using tools to prevent banking contagion as needed -Treasury
WASHINGTON (Reuters) -The U.S. government will continue using its tools to prevent contagion in the banking sector, as warranted, to ensure Americans’ deposits are safe, the Treasury undersecret[...]
Read more
Food prices push UK shop price inflation to new high: BRC
LONDON (Reuters) – Soaring food prices pushed annual inflation in British shops to its highest in at least 18 years in March, industry data showed on Tuesday. The British Retail Consortium said[...]
Read more
World near peak of interest rate cycle -HSBC Australia CEO
SYDNEY (Reuters) – Central banks in the U.S. and Australia are close to pausing rate increases as they strike a balance between financial stability and inflation fighting, HSBC Australia Chief E[...]
Read more
Marketmind: U.S. bank deal allays systemic fears
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets could rebound on Tuesday from their sluggish start to the week, after a deal to buy the[...]
Read more
Exclusive-Canada budget sees contracts for difference for large clean-tech projects -source
By Steve Scherer OTTAWA (Reuters) – Canada’s budget will introduce a system to lock in future carbon credit prices, a move meant to boost investments by giving businesses certainty to deve[...]
Read more
Oil rises over $3 on Kurdistan export halt, banking optimism
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose more than $3 on Monday as a halt to some exports from Iraq’s Kurdistan region added to worries about oil supplies while a U.S. banking acq[...]
Read more
Wall St equities gain, Treasury yields rise as bank worries ease
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities gained and U.S. Treasury yields rose on Monday as investor concerns about the financial system were calmed after First Citizens BancShar[...]
Read more
U.S. farm agency to provide additional $123 million in debt relief
By Leah Douglas WASHINGTON (Reuters) -U.S. farmers who are struggling economically will receive another $123 million in debt relief from the U.S. Department of Agriculture (USDA) under a program funde[...]
Read more