Swiss franc grapples with safe-haven identity crisis after Credit Suisse
By Samuel Indyk LONDON (Reuters) -The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse collapse,…
2023
Russians Reluctantly Embrace Chinese Cars After Western Brands Depart
By Gleb Stolyarov and Roman Churikov MOSCOW (Reuters) – As the exodus of Western carmakers narrows options for Russian consumers,…
Despite Industry Headwinds, Bitcoin Mining Booms In Texas
By Evan Garcia and Dan Fastenberg MCCAMEY, Texas (Reuters) – Cryptocurrency bankruptcies and worries over electric power consumption have failed…
China Detains Staff, Raids Office Of US Due Diligence Firm Mintz Group
By Michael Martina and Yew Lun Tian WASHINGTON/BEIJING (Reuters) – Chinese authorities raided the office of U.S. corporate due diligence…
Oil Slides As U.S. Holds Off Refilling Strategic Reserve
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell sharply on Friday amid declining European banking shares and after U.S. Energy…
Futures Waver As Bank Worries Linger, Investors Weigh Rate Hike Pause
(Reuters) – U.S. stock index futures struggled for direction on Friday as investors remained jittery over the health of the…
Indian Stocks May Outperform Asian Peers In Long Term – Jefferies
BENGALURU (Reuters) – The Indian stock market may outperform its Asian and emerging market peers in the long term as…
Deutsche Bank Shares Whipsaw After CDS Blow-out
LONDON/FRANKFURT (Reuters) – Deutsche Bank shares dropped as much as 3.4% in Friday’s premarket trade, after a sharp jump in…
Hong Kong government announces measures to lure wealthy family offices
HONG KONG (Reuters) – Hong Kong’s government announced a series of measures on Friday to attract wealthy family offices to…
Dollar Eases As Traders Weigh Fed’s Rate Path; Yen Rises
By Ankur Banerjee SINGAPORE (Reuters) – The dollar was pinned near seven-week lows on Friday as nervousness over banks kept…