Pound up on record UK wage growth, rising unemployment caps gains
By Samuel Indyk and Joice Alves LONDON (Reuters) -Sterling rose against the dollar on Tuesday after data showed British wages…
August 2023
Hedge funds land bonuses despite returns below bank savings rates -Goldman
By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not…
A million interest only mortgages come under UK watchdog scrutiny
LONDON (Reuters) -Nearly half of people with interest-only mortgages may be too optimistic about their ability to pay the outstanding…
Marketmind: U.S. retail therapy as China funk deepens
A look at the day ahead in U.S. and global markets from Mike Dolan, Editor-at-Large, financial industry and financial markets…
Futures slip as yields steady ahead of July retail sales data
(Reuters) – U.S. stock index futures slipped on Tuesday as government bond yields held on to recent highs ahead of…
Norway seen lifting policy rate to 4.0% this week: Reuters poll
OSLO (Reuters) – Norway’s central bank is expected to raise its benchmark interest rate by 25 basis points (bps) to…
Singapore Exchange to list structured certificates linked to China’s Alibaba
SINGAPORE (Reuters) – Singapore Exchange (SGX) said on Tuesday that it will start trading structured certificates this month, making it…
Fani Willis, the steely Georgia prosecutor who charged Trump
By Andrew Goudsward and Tom Hals WASHINGTON (Reuters) – The indictment of Former President Donald Trump for interfering in the…
The next steps in Trump’s criminal case in Georgia
By Tom Hals (Reuters) -Former U.S. President Donald Trump was indicted on Monday for his alleged efforts to illegally overturn…
China Evergrande NEV shares jump on $3.2 billion plan to lower debt
BEIJING/HONG KONG (Reuters) -China Evergrande New Energy Vehicle Group (NEV) shares jumped nearly 50% on Tuesday after the electric vehicle…