By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy makers around the globe battle[...]
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Australia
Stocks regain some lost ground as investors interpret U.S. payrolls data
By Sinéad Carew NEW YORK (Reuters) – U.S. Treasury yields were lower and Wall Street’s benchmark S&P 500 ended down but well above the day’s lows on Friday as investors digested[...]
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Dollar gives back gains, strong wage growth complicates Fed policy
By Karen Brettell NEW YORK (Reuters) – The dollar dipped on Friday as a Federal Reserve official said rate hikes are likely to slow and as investors took profits from earlier gains after jobs da[...]
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RBA to raise rates another modest 25 basis points in December – Reuters poll
By Shaloo Shrivastava and Anant Chandak BENGALURU (Reuters) – The Reserve Bank of Australia will go for another modest 25 basis-point interest rate hike on Dec. 6 to 3.10%, its third in a row af[...]
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Wall Street takes a breath after Powell rally while dollar falls
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – Wall Street equities made little progress in Thursday’s choppy session as investors digested economic data after a big rally in t[...]
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Disasters caused total of $122 billion in insured losses in 2022 – Swiss Re
ZURICH (Reuters) – Hurricane Ian and other natural catastrophes have caused an estimated $115 billion of insured losses so far this year, well above the 10-year average of $81 billion, Swiss Re[...]
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Stocks dip while U.S. crude gains on China hopes
By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) – The S&P 500 closed lower on Tuesday as investors awaited guidance on the Federal Reserve’s path of interest rate hikes, while[...]
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Labour turmoil sweeps Australia as inflation stirs ‘spirit of anger’
By Byron Kaye and Sonali Paul SYDNEY/MELBOURNE (Reuters) – After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas rigs as a fitter and subsea equipment specialist in W[...]
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Wall St falls as U.S. crude oil shakes off losses
By Sinéad Carew and Lawrence White NEW YORK/LONDON (Reuters) – Wall Street equities deepened losses on Monday while U.S. oil futures reversed course to settle higher on production rumors after s[...]
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