How El Nino threatens emerging market economies
By Jorgelina do Rosario and Libby George LONDON (Reuters) – Countries around the world are battling heatwaves and floods fuelled…
August 2023
Global money market funds see largest inflows since March amid US downgrade, economic woes
(Reuters) – Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets…
Revolut to stop crypto services for U.S. customers
LONDON (Reuters) – British fintech Revolut will stop allowing U.S. customers to access cryptocurrencies, the company said in a statement…
Optimistic investors still buying stocks – BofA
By Samuel Indyk LONDON (Reuters) -Investors continued to buy stock and bond funds in the week to Wednesday, Bank of…
West Africa’s ultimatum to Niger coup leaders nears deadline
By Boureima Balima and Felix Onuah NIAMEY/ABUJA (Reuters) -West Africa’s regional bloc was to determine on Friday a potential intervention…
Key trade loophole keeps cheap Chinese products flowing to US
By Katherine Masters NEW YORK (Reuters) – The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu,…
Explainer-Moody’s latest views on the US government: The last triple-A standing
By Davide Barbuscia NEW YORK (Reuters) – Moody’s remains the last of the three major credit rating agencies to maintain…
Economic worries could cost Biden some of his 2020 supporters -Reuters/Ipsos
By Jason Lange and Andrea Shalal WASHINGTON (Reuters) – Many Americans who voted for U.S. President Joe Biden in 2020…
Toyota, Pony.ai plan to mass produce robotaxis in China
BEIJING (Reuters) – Toyota and partner Pony.ai are planning to mass produce robotaxis in China, setting up a venture this…
Marketmind: Next up, payrolls
A look at the day ahead in U.S. and global markets by Yoruk Bahceli. U.S. markets are reeling this week…