financial markets

Image for China surprises with cuts to key rates to support weak economy
Top Stories

China surprises with cuts to key rates to support weak economy

SHANGHAI (Reuters) -China surprised markets by lowering a key short-term policy rate and its benchma...

22nd July, 2024

Image for Dollar eases as Biden ends reelection bid; yuan steady after rate cut
Top Stories

Dollar eases as Biden ends reelection bid; yuan steady after rate cut

By Kevin Buckland TOKYO (Reuters) – The dollar eased on Monday in the initial reaction to U.S. Presi...

22nd July, 2024

Image for LSEG’s Workspace platform suffers widespread outage, trading hit
Top Stories

LSEG’s Workspace platform suffers widespread outage, trading hit

By Rae Wee, Alun John and Sinead Cruise LONDON/SINGAPORE (Reuters) – LSEG Group’s Workspace news and...

19th July, 2024

Image for Big central banks are starting to cut rates, slowly
Top Stories

Big central banks are starting to cut rates, slowly

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The move to ease monetary policy among majo...

18th July, 2024

Image for EU new car sales rise 4.3% in June, industry body ACEA says
Top Stories

EU new car sales rise 4.3% in June, industry body ACEA says

By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in the European Union rose 4.3...

18th July, 2024

Image for Asian stocks slide on rising trade tensions, yen climbs
Top Stories

Asian stocks slide on rising trade tensions, yen climbs

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities fell on Thursday, led by chip stocks as inves...

18th July, 2024

Image for Oil prices gain 2% on big US storage withdrawal, weaker US dollar
Top Stories

Oil prices gain 2% on big US storage withdrawal, weaker US dollar

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expe...

17th July, 2024

Image for Yen jumps on possible intervention, sterling hits one-year high
Top Stories

Yen jumps on possible intervention, sterling hits one-year high

By Chuck Mikolajczak NEW YORK (Reuters) -The yen rose sharply on Wednesday in a move that was suspec...

17th July, 2024

Image for Netflix’s efforts to grow ad tier in focus as subscriber growth slows
Top Stories

Netflix’s efforts to grow ad tier in focus as subscriber growth slows

By Harshita Mary Varghese (Reuters) – Netflix likely added the fewest number of subscribers in five...

17th July, 2024

Image for Stocks dive on prospect of US trade curbs; yen jumps
Top Stories

Stocks dive on prospect of US trade curbs; yen jumps

By Isla Binnie NEW YORK (Reuters) -World stock indexes mostly fell on Wednesday, with Wall Street we...

17th July, 2024

Image for Asian shares fall as China drags, dollar in demand
Top Stories

Asian shares fall as China drags, dollar in demand

By Stella Qiu SYDNEY (Reuters) – Asian shares fell on Tuesday as investors pondered the prospect of...

16th July, 2024

Image for TSMC second-quarter profit seen jumping 30% on surging AI chip demand
Top Stories

TSMC second-quarter profit seen jumping 30% on surging AI chip demand

TSMC second-quarter profit seen jumping 30% on surging AI chip demand TAIPEI (Reuters) – Taiwan Semi...

15th July, 2024