By Joe Cash and Shuyan Wang BOAO, China (Reuters) -Chinese Premier Li Qiang said on Thursday that he was committed to opening up and reforming the world’s second-largest economy, seeking to win[...]
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March 30, 2023
Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?
By Amanda Cooper LONDON (Reuters) – Turbulence in Europe’s banks following the implosion of 167-year-old Credit Suisse and runs on regional banks in the U.S. has focused attention on the r[...]
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German inflation expected to ease significantly in March
BERLIN (Reuters) – Inflation is expected to ease significantly in Germany in March on the back of lower energy prices, preliminary data from six economically key states in the country showed on[...]
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China-driven growth seen helping emerging assets despite bank worries
By Duncan Miriri LONDON (Reuters) – Stronger Chinese-led emerging markets growth will likely buffer the stocks, bonds and currencies of many developing nations as markets in the United States an[...]
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Italy PM’s party presents bill to split retail and investment banks
By Giuseppe Fonte and Alvise Armellini ROME (Reuters) -Italian Prime Minister Giorgia Meloni’s party has presented a bill in parliament to separate retail and investment banks in a move that, if[...]
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Analysis-Hiring spree by China’s debt-laden local governments fuels fiscal fears
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – Some of China’s most indebted local governments are on a hiring spree, a move that analysts say could put fragile regional f[...]
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Spain inflation falls more than expected to 3.3% in March
(Reuters) – Spain’s consumer price inflation slowed to 3.3% in March, its weakest annual rate since August 2021 and down from 6.0% in February, preliminary data from the National Statistic[...]
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Signs of pain as easy cash era ends are growing
LONDON (Reuters) – The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades. The collapse of U.S.-lender Silicon Valley Bank (SVB) in early[...]
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Marketmind: As banking worries slowly slip into rear view, markets fret on Fed
A look at the day ahead in European and global markets from Ankur Banerjee With sentiment still fragile in the aftermath of the banking crisis, a risk-on rally proved short-lived, leaving the MSCI ex-[...]
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