Powell Warns It’s ‘Premature’ To Discuss Interest Rate Cuts—Despite Market’s Newfound Optimism
By Press Room
1 Mins read
Topline Federal Reserve Chairman Jerome Powell said Friday it’s too early for the Fed to declare victory in its war on inflation…
Bitcoin Price Prediction as Whales Poised to Push Price Above $40,000 – Will They Succeed?
By Press Room
1 Mins read
As the market opens on December 1, Bitcoin‘s current position reflects a market in contemplation. Trading at $38,150, the foremost cryptocurrency registers…
November’s stock-market rally gets a boost from trend-following funds and company share buybacks
By Press Room
1 Mins read
The U.S. stock-market rally this month has gotten a big boost from corporations buying back their shares, and computerized trend-following funds adding…
Exclusive-ICBC hack led to unit temporarily owing BNY $9 billion - sources
By Press Room
1 Mins read
© Reuters. The logo of Industrial and Commercial Bank of China (ICBC) is seen at its branch at its headquarters in Beijing,…
The global oil market is facing uncertainty as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) postponed their production-cut…
Exclusive-China's state banks are buying yuan, quickening its rally, sources say
By Press Room
2 Mins read
SHANGHAI (Reuters) -China’s major state-owned banks have been active in the currency market this week, buying the yuan and helping hasten its…
What will define real success for COP28, with its focus on how global businesses and governments jointly manage the transition from fossil…
Investment platform, Robinhood, has plans to launch in the U.K. as early as the start of 2024, according to CEO Vlad Tenev….
Bonds are flashing a ‘smile’ after historically bad stretch, a promising sign for 2024
By Press Room
3 Mins read
No really, 2024 is looking like the “year of the bond.” That’s because a “smile,” or positive convexity, has been taking shape…
© Reuters. FILE PHOTO: The logo of Industrial and Commercial Bank of China (ICBC) is seen at its branch at its headquarters…