Bank of Israel chief cautions of more interest rate hikes if shekel stays weak
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -Israel’s monetary policy is currently restrictive and at an appropriate level given…
Economy
Brazil’s Patria raises $118.3 million in SmartFit share offering
SAO PAULO (Reuters) – Brazilian private equity firm Patria Investments Ltd raised 591.73 million reais ($118.27 million) in a secondary…
Biden and McCarthy’s bumpy journey to a debt ceiling deal
By Steve Holland WASHINGTON (Reuters) – When Kevin McCarthy was struggling early this year to get enough votes from his…
Marketmind: Debt vote in sight, but further Fed squeeze
A look at the day ahead in U.S. and global markets from Mike Dolan Out of the frying pan, and…
Japan’s top FX diplomat Kanda will respond to yen moves ‘appropriately’
By Tetsushi Kajimoto TOKYO (Reuters) -Japan will closely watch currency market moves and respond “appropriately” as needed, the country’s top…
In the Market: Amid the calm, the Fed brews the next storm
By Paritosh Bansal (Reuters) -Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as…
ECB warns of hit to top European banks if funds run into trouble
(Corrects day of the week in first paragraph) FRANKFURT (Reuters) – The euro zone’s top banks may take a hit…
Binance Australia customers seen selling bitcoin at a discount
SINGAPORE (Reuters) -Bitcoin prices on the Australian arm of Binance, the world’s largest crypto-currency exchange, were at a 20% discount…
Toyota, Daimler strike deal to combine Japanese truck operations
TOKYO (Reuters) – Daimler Truck Holding AG and Toyota Motor Corp have struck a preliminary deal to combine their truck…
Siemens Energy plans U.S. power grids push to tap into IRA boost
By Christoph Steitz HAMBURG (Reuters) – Siemens Energy is considering setting up production in the United States to help modernise…