Finance

UK lenders trial government-backed loans for risky borrowers

UK lenders trial government-backed loans for risky borrowers

By Martin Coulter and Muvija M LONDON (Reuters) – A handful of small UK commercial lenders are offering interest-free loans to ..

Global shares rise, dollar rebounds as Fed seen on target for rate hike

Global shares rise, dollar rebounds as Fed seen on target for rate hike

By Herbert Lash NEW YORK (Reuters) – The dollar rebounded off a 15-month low and global stock markets rose on Tuesday as upbeat..

Dollar higher after Powell says Fed inflation fight ‘has a long way to go’

Dollar higher after Powell says Fed inflation fight ‘has a long way to go’

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Wednesday after Federal Reser..

World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook

World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook

By David Lawder WASHINGTON (Reuters) -The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China and other ma..

UK has bigger inflation problem than US or euro zone – BoE’s Mann

UK has bigger inflation problem than US or euro zone – BoE’s Mann

By David Milliken LONDON (Reuters) – Britain has a bigger inflation problem than the United States or the euro zone, with both ..

Dollar gains against yen as Fed policy, debt ceiling in focus

Dollar gains against yen as Fed policy, debt ceiling in focus

By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a six-month hig..

Concern over US default risk grips global markets as talks resume

Concern over US default risk grips global markets as talks resume

By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped g..

Corporate banking innovation: Reimagining business models for the next normal

Corporate banking innovation: Reimagining business models for the next normal

John Barber, Vice President of Infosys Finacle Europe The corporate banking industry has been facing a range of challenges over the ye..

Dollar weakens after gains all week; debt deal hopes boost market sentiment

Dollar weakens after gains all week; debt deal hopes boost market sentiment

By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar fell on Friday after posting gains for most..

Wall Street gains, Treasury yields rise as debt ceiling talks progress

Wall Street gains, Treasury yields rise as debt ceiling talks progress

NEW YORK (Reuters) – U.S. stocks were tentatively higher on Friday and benchmark Treasury yields extended their upward trajec..

Wall Street gains, dollar climbs on solid data, debt ceiling progress

Wall Street gains, dollar climbs on solid data, debt ceiling progress

By Stephen Culp NEW YORK (Reuters) -Wall Street turned higher and the dollar reached a seven-week peak on Thursday as discount retail..

German economic growth to remain muted in near term – IMF

German economic growth to remain muted in near term – IMF

BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, bu..

Platinum facing biggest deficit in years as carmakers snap up metal

Platinum facing biggest deficit in years as carmakers snap up metal

LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest ..

Shell shareholders urged by LAPFF to back climate activist’s resolution

Shell shareholders urged by LAPFF to back climate activist’s resolution

By Shadia Nasralla LONDON (Reuters) – Shell shareholders should support a climate activist resolution at its annual general meet..

Analysis-Investors’ route to post-COVID China is via Europe

Analysis-Investors’ route to post-COVID China is via Europe

By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck this year by buying..

Oil eases on lackluster Chinese import data, U.S. economy woes

Oil eases on lackluster Chinese import data, U.S. economy woes

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell on Tuesday, retreating from strong gains of the previous two sessions due to ..

U.S. dollar struggles, pound hits one-year high

U.S. dollar struggles, pound hits one-year high

By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peer..

Dollar jumps as U.S. job gains, wage growth beat expectations

Dollar jumps as U.S. job gains, wage growth beat expectations

By Karen Brettell NEW YORK (Reuters) – The dollar jumped on Friday after data showed that U.S. employers added more jobs than ex..

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh, located in South Asia, has made significant strides in recent years, with the country becoming one of the fastest-growing ..

Dollar slips after upbeat China data; euro, pound rise

Dollar slips after upbeat China data; euro, pound rise

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after bett..

Manchester United tanks on report Glazers may avoid sale with new investment

Manchester United tanks on report Glazers may avoid sale with new investment

(Reuters) – Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing ..

Banking stability worries go behind closed doors at IMF-World Bank meetings

Banking stability worries go behind closed doors at IMF-World Bank meetings

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Just a month after the biggest banking crisis in more than a decade, t..

Dollar drops as inflation cools more than expected

Dollar drops as inflation cools more than expected

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..

Dollar dips ahead of inflation data later this week

Dollar dips ahead of inflation data later this week

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..

World stocks cling to upbeat mood, dollar stalls

World stocks cling to upbeat mood, dollar stalls

By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..

Wall Street slips, dollar gains as Fed seen hiking rates in May

Wall Street slips, dollar gains as Fed seen hiking rates in May

By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..

London’s FTSE 100 climbs ahead of Easter break

London’s FTSE 100 climbs ahead of Easter break

By Sruthi Shankar and Shristi Achar A (Reuters) -UK’s blue-chip index rose on Thursday, gaining for a third consecutive week, as..

Wall St ends lower, Treasury yields slide as data fuels recession jitters

Wall St ends lower, Treasury yields slide as data fuels recession jitters

By Stephen Culp NEW YORK (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch ..

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

LONDON (Reuters) -Global companies that form alliances to help them to tackle climate change need clear “safe harbour” gui..

Bank of England still needs to ‘see the job through’ on inflation: Pill

Bank of England still needs to ‘see the job through’ on inflation: Pill

By David Milliken LONDON (Reuters) -Britain’s central bank still cannot be sure that it has raised interest rates enough to tame..

Pound hits 10-month peak, euro up as dollar under pressure

Pound hits 10-month peak, euro up as dollar under pressure

By Alun John LONDON (Reuters) – The British pound rose to a new 10-month high against the dollar on Tuesday, and the euro reache..

Dollar outshines euro, sterling amid European bank jitters

Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering..

Central banks keep hiking rates amid banking turmoil

Central banks keep hiking rates amid banking turmoil

By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday followed the Federal Reserve and ..

Dollar falls after Fed raises rates, forecasts future hike

Dollar falls after Fed raises rates, forecasts future hike

By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to r..

Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the w..

Global bank bonds claw back losses as markets rout eases

Global bank bonds claw back losses as markets rout eases

LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..

Global shares jump but bank ‘whack-a-mole’ not over

Global shares jump but bank ‘whack-a-mole’ not over

By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equitie..