US dollar inches lower ahead of inflation report
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar drifted lower on Wednesday in thin rangebound trading, with investors…
2023
Oil hits new highs on US fuel demand, tighter supply
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices hit new peaks on Wednesday with the global Brent benchmark touching its highest…
Exclusive-Private equity firm STG nears $1.4 billion deal for Avid Technology -sources
By Milana Vinn and Anirban Sen NEW YORK (Reuters) – Private equity firm Symphony Technology Group (STG) is nearing a…
Hedge fund Viking reopens flagship fund after decade -sources
By Carolina Mandl NEW YORK (Reuters) -U.S.-based Viking Global Investors has reopened its flagship long/short hedge fund for new capital…
Cat bond funds ranked among 2023’s top-performing credit funds
By Nell Mackenzie LONDON (Reuters) – Catastrophe bond funds rank among the 10 best performing credit funds this year, as…
Turkey net FX reserves seen rising again as policy U-turn continues
By Nevzat Devranoglu and Orhan Coskun ANKARA (Reuters) – Turkey’s net foreign exchange reserves surged nearly $5 billion last week,…
China’s July new yuan loans seen dipping after record H1 – Reuters poll
BEIJING (Reuters) – China’s new yuan loans are expected to fall sharply in July from June after record lending in…
US, Canada issue new sanctions against top Russian ally Belarus
By Kanishka Singh WASHINGTON (Reuters) -The United States and Canada issued new sanctions against Belarus on Wednesday, designating several entities…
U.S. judge greenlights Nio investor class action over factory claims
By Jody Godoy (Reuters) – Nio Inc investors can proceed as a class in a lawsuit claiming the Chinese electric…
Costs from supply chain disruptions drop by over 50% but headwinds remain -survey
(Reuters) -Financial losses due to supply chain disruptions dropped more than 50% on average in 2022, compared with a year…