JPMorgan notifies some First Republic employees of job losses -source
By Nupur Anand (Reuters) -JPMorgan Chase & Co has notified nearly 1,000 First Republic Bank employees that they will no…
Economy
BOJ’s Ueda says targeting shorter-duration bond yield among future options
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said changing the central bank’s policy target to the…
US raises concerns with China about actions against US companies
(Reuters) – U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese…
Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms
(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for…
Wall Street ends higher as Nvidia sparks rush for AI stocks
By Noel Randewich and Shreyashi Sanyal (Reuters) – Wall Street ended sharply higher on Thursday after a blowout forecast from…
US trade chief seeks new thinking on global challenges as APEC ministers meet
By David Lawder DETROIT (Reuters) – U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC)…
New Zealand consumer confidence flat in May -ANZ-Roy Morgan
SYDNEY (Reuters) – Consumer confidence in New Zealand was flat in May compared with the prior month and remained very…
US default fears spark clearing house collateral scrutiny
By John McCrank, Laura Matthews and Michelle Price WASHINGTON (Reuters) – Clearing houses and their members are working out how…
Brazil cenbank chief says new fiscal bill good sign for inflation
BRASILIA (Reuters) -Brazilian central bank chief Roberto Campos Neto said on Thursday that a fiscal framework bill approved a day…
Marketmind: Happy Friday, it’s AI boom time
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks could…