Result Page 91 for Latest Economy & Markets News & Archive

The sign for a Gap store is seen on 5th avenue in midtown Manhattan in New York June 16, 2015.

Wall St Gains As Economic Data Allays Growth Concerns

U.S. stocks rallied on Friday, boosted by upbeat earnings, strength in consumer spending and signs that inflation was peaking, easing worries about a sharp slowdown in economic growth.

Wall Street Rallies, Snaps Longest Weekly Losing Streak In Decades

Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession.

Canadian Banks Shrink Future Bad Debt Cushion Even As Economic Risks Mount

Canadian banks wrapped up second-quarter earnings season last week, with most reporting better-than-expected profits, in large part by reducing the amounts of funds they set aside for future loan losses, raising questions among investors and analysts about whether they are too sanguine about looming risks.

A view shows Russian rouble coins in this illustration picture taken March 25, 2021.

Analysis-Russia's 'Political' Debt Default Sets Emerging Market Precedent

Russia is on the cusp of a unique kind of debt crisis which investors say would be a first time a major emerging market economy is pushed into a bond default by geopolitics, rather than empty coffers.

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U.S. dollar notes are seen in front of a stock graph in this November 7, 2016 picture illustration.

Dollar Sinks To One-month Low Amid Easing Fed Rate Hike Bets

The U.S. dollar sank to a one-month low versus major peers on Friday as traders lowered Federal Reserve rate hike expectations amid signs the central bank might slow or even pause its tightening cycle in the second half of the year.

A man wearing a protective face mask walks on an overpass in Shanghai's Lujiazui financial district as officials announce the postponement of the April 19 Formula One Grand Prix

U.S., World Stocks Toast Earnings, U.S. Rate Outlook

U.S. stocks were indicating a higher open on Wall Street and world stocks eyed their first weekly gain in eight on Friday on a more upbeat earnings view and after this week's Federal Reserve minutes dampened fears of mega-high interest rates.

World Stocks Eye First Weekly Gain In Eight Weeks, Dollar Hits 1-mth Low

World stocks were heading for their first weekly gain in eight weeks on Friday on a more upbeat earnings view while the dollar hit one-month lows after the Federal Reserve's minutes suggested it could put the brakes on rapid rate hikes later this year.

World Shares Rise On U.S. Spending, Inflation Data

World shares rose and the dollar weakened on Friday after data showed that U.S.

Asia Shares Join Global Rebound On Easing Of Fed Hike Fears, China Tech Boost

Asian shares on Friday extended overnight global gains thanks to strong results from regional tech firms and U.S.

Asia Shares Join Global Rebound As Fed Hike Fears Ease, China Tech Boost

Asian shares extended overnight global gains thanks to strong results from regional tech firms and U.S.

A businessman walks near the Bank of Japan headquarters in Tokyo, Japan, Feb. 15, 2016.

Helped By Weak Yen, Japan Remains Top Creditor Nation With Record Net External Assets

Japan's net external assets hit a record 411 trillion yen ($3.24 trillion) in 2021, to retain its position as the top creditor for 31 years in a row, the Ministry of Finance (MOF) said on Friday.

The flags of the United States and the United Kingdom stand after bi-lateral photo between U.S. Secretary of State Rex Tillerson and British Foreign Minister Boris Johnson was cancelled at the State Department in Washington, U.S. March 22, 2017.

With U.S. Trade Deal Stalled, UK Pairs Up With Indiana

Britain will sign its first state-level trade agreement with the U.S.

A newly built housing estate can be seen next to another under construction in a suburb of Auckland in New Zealand, June 24, 2017.

New Zealand House Prices To Sink 9.0% This Year, Another 2% In 2023: Reuters Poll

New Zealand's house prices are forecast to sink 9.0% this year as aggressive interest rate hikes take some heat out of the blazing housing market amid a worsening cost of living crisis, keeping potential buyers on the sidelines, a Reuters poll found.

Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017.

Fed's Brainard: We Can't Take Global Status Of U.S. Dollar For Granted

The world is moving rapidly toward increasing use of digital payments and an official digital version of the U.S.

A section of the BP Eastern Trough Area Project (ETAP) oil platform is seen in the North Sea, around 100 miles east of Aberdeen in Scotland February 24, 2014.

UK Tax Plan Incentivizes Oil, Gas Producers To Pump More Fossil Fuels

The British government's 5 billion pound ($6.29 billion) windfall tax plan for oil and gas producers includes an incentive for those producers to pump more fossil fuels, riling climate activists who had called for the tax.

The number of Americans filing new claims for unemployment benefits rose last week and could increase further in the coming weeks amid disruptions from soaring COVID-19 infections.

U.S. Weekly Jobless Claims Fall; Corporate Profits Sag In First Quarter

The number of Americans filing new claims for unemployment benefits fell more than expected last week as the labor market remains tight amid strong demand for workers despite rising interest rates and tightening financial conditions.

U.S. Labor Market Hot, But Declining Profits Cast Shadow Over Economy

Fertiliser Maker Yara Says World Faces Extreme Food Supply Shock

Norwegian fertiliser giant Yara says donors urgently need to close the U.N.'s $10 billion food programme funding gap to avoid a catastrophe as sanctions on Russian fertilisers and Ukraine's grain export problems have created an extreme global shock.

Wall Street Jumps On Retailer Outlook Hikes, Ebbing Fed Fears

Wall Street closed sharply higher on Thursday after optimistic retail earnings outlooks and waning concerns about overly aggressive interest rate hikes by the Federal Reserve put investors in a buying mood.

Wall Street Surges On Upbeat Retail Guidance, Easing Fed Fears

Wall Street closed sharply higher on Thursday after a raft of solid retail earnings and easing concerns about overly aggressive interest rate hikes by the Federal Reserve put investors in a buying mood.

Wall Street Jumps On Upbeat Retail Guidance, Easing Fed Fears

Wall Street surged on Thursday in a broad rally as a raft of solid retail earnings and soft economic data eased lingering concerns that the Federal Reserve's aggressive policy tightening would extend beyond expectations.

Wall Street Surges On Upbeat Forecasts From Retailers, Fed Relief

U.S. stock indexes climbed in a broad-based rally on Thursday after upbeat annual forecasts from several retailers, while data confirmed the U.S.

Investors Rattled, Hungary's Blue-chips Plunge On Windfall Tax Plan

Hungary's blue-chip stocks slumped on Thursday, with oil and gas group MOL and OTP leading losses after Budapest said it would impose windfall taxes on banks' and companies' "extra profits" to plug a budget gap.

A man wearing a protective mask walks past the Church of St. Louis of the French (San Luigi dei Francesi) in Rome on March 1, 2020

Kuroda Says BOJ Can Achieve Smooth Exit From Loose Money Policy

Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank can execute a smooth exit from its ultra-loose monetary policy, though doing so "won't be easy".

People walk across Waterloo Bridge during the morning rush hour in London, Britain, May 18, 2022.

UK Imposes 25% Energy Windfall Tax To Help Households As Bills Surge

Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for households struggling to meet soaring energy bills.

UK Says Energy Bill Support Package Must Not Deter Investment

Britain must pay for increased support to households in a way that does not deter investment, Cabinet Office minister Steve Barclay said on Thursday ahead of an expected announcement of new measures to cope with rising energy bills.

UK Must Pay For Household Support Without Deterring Investment - Minister

People walk next to residential buildings in the coal city of Hegang, Heilongjiang province, northeast China January 2, 2020. Picture taken January 2, 2020.

China Property Market Slumps On Developers' Debt Crisis, Weak Buyer Sentiment

China's property market, a key pillar of the world's second-largest economy, has weakened sharply in the past year as a result of a government clampdown on excessive borrowings by developers, and a COVID-19-induced economic slowdown.

Facades of apartment buildings are pictured at Mitte district in Berlin, Germany, August 29, 2019.

German House Price Inflation To Slow As Borrowing And Living Costs Bite - Reuters Poll

German home prices will rise faster this year than thought only three months ago, as a supply shortage outweighs a deepening cost of living crisis and the prospect of higher interest rates, a Reuters poll found.

U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022.

Dollar Eases As Traders Scale Back Bets On Fed Tightening

The U.S. dollar edged lower on Thursday as markets considered whether the Federal Reserve might slow or even pause its tightening cycle in the second half of the year, which would weaken the allure of the safehaven currency.

Dollar Steady Near One-month Low As Fed Minutes Contain Few Surprises

The U.S. dollar was little changed on Thursday, hovering above a one-month low, as minutes from the Federal Reserve's May meeting contained few surprises, with most participants favouring additional 50 basis point rate hikes at the June and July meetings.

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